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Question: A manufacturer has two shipments to make from Minneapolis to Chicago. Both shipments weigh 8500 pounds. The two shipments can be shipped separately to Chicago at a cost of $2.00 per mile for a total of 409 miles and will take one day for each shipment. The company has a warehouse in Milwaukee where they can consolidate the freight. It would take two LTL shipments at $2.00 per mile to get the freight to Milwaukee for 337 miles and then one full TL shipment from Milwaukee to Chicago at $1.50 per mile for 92 miles. The consolidation cost in Milwaukee is $200 and it takes two days for the trip through Milwaukee. What is the lowest cost to ship the freight and which approach would you select?
Identify how your company uses inventory. What are three different inventories of products or supplies that the company maintains and What do you think are some key methods that your company could use to manage and track inventory
Why do investors buy and sell derivatives rather than the underlying assets?What is the difference between hedging and speculating?
What ethical policies should be in place for a classified company? What is the purpose of a negotiable instrument? Situational analysis for Wegamns: What are the most important factors that strongly affect Wegmans present and future performance.
The standard direct labor time for producing one pair of original Crocs is 0.6 hours and the direct labor rate for producing one pair of original Crocs is $18.50 per hour. During February, 10,000 pairs of original Crocs were produced. Actual direct l..
You are a marketing manager for Birds Eye Vegetables, and are exploring the possible introduction of a new line of organic salads, to be sold in single-serve,
Discuss the impact of internal politics on an organization. What are some of the tools that an effective leader can use to overcome negativity, territorial behaviors and internal politics in order to change the organizational culture?
Should managers promote open discussion of stereotypes as part of a strategy for managing diversity? And what are the advantages and disadvantages of strategy
Two projects are under consideration. Project A has a revenue per unit of 6.26, a cost per unit of 3.47, and fixed costs of 1,181. Project B has a revenue per unit of 11.5, cost per unit of 5.7, and a fixed cost of 4,462. At what number of units do t..
The average percentage change in Pfizer stock is 1.46% with S=7.45. Describe the distribution of percentage changes in the value of Pfizer stock?
There are several types of audits described in this week’s chapter. Select one specific type of audit and discuss the following information: (external audit) Its purpose Who would typically conduct it When it would typically be performed What informa..
We have a production-order-quantity inventory system with a production rate of 400 units per day, a daily demand of 100 units per day, a production quanitty of 2400 units, and 300 days a year.
Assume that standard deviation of arrivals is equal to average inter-arrival time and standard deviation of processing times is equal to average processing time
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