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The catering manager of Coconuts Grill, Lulu Jones, is disturbed by the amount of silverware she is losing every week. Last Friday night, when her crew tried to set up for a banquet for 500 people, they did not have enough knives. She decides she needs to order some more silverware, but wants to take advantage of any quantity discounts her vendor will offer.
For a small order (2000 pieces or less) her vendor quotes a price of $1.80 per piece. If she orders 2000 to 5000 pieces, the price drops to $1.60per piece .5,001 to 10,000 pieces brings the price to $1.40 per piece, 10,001 and above reduces the price to $1.25 per piece. Lisa's order costs are $205 per order, her annual holding costs are 5%, and the annual demand is 41600 pieces. For the best option? (the best option is the price level that results in an EOQ within the acceptable range): a) What is the optimum ordering quantity?
Identify the effective general leadership traits that have contributed to The Little Guys' ongoing success. Identify the behaviors often incorporated by entrepreneurial leaders.
A formal document that outlines the vision, strategies, personnel, and resources that will be used to create a business. A type of business that exists separate and apart from the individuals who own it, thus protecting the owners’ personal assets in..
Tristian Oil estimates that a prospective field has 20 million barrels; If there is a 60% chance that there is 30million barrels and a 40% chance ?f XXXX million barrels. present value will be only $4million. It costs 6million to drill the well; that..
Which of the following changes would decrease the likelihood of the bullwhip effect?
My assignment is dealing with the Balance scoreboard. I need help. I have to compare and contrast the traditional BSC and how Heathrow Terminal 5 project implemented the BSC and how it was flexible.
Alliance, Inc. sells gas lamps to consumers through retail outlets. Total industry sales for Alliances relevant market last year were $100 million, with Alliances sales representing 5% of that total. Contribution margin is 25%. The marketing manager ..
In a formal proposal, the work plan section. The ________ is useful when you need to use a number of criteria to evaluate one or more possible solutions.
In the middle of acquiring a new company overseas, the deal hits a roadblock and your negotiation team is sent in. Based on the eight negotiation steps, how do you approach the situation? The acquisitions team has indicated they stopped the proces..
Strohrmann, a large-scale bakery in Pennsylvania, is laying out a new production process for their packaged bread, which they sell to several grocery chains. It takes 12 minutes to bake the bread. How large an oven is required so that the company is ..
In managing others, human perception, attitudes and motivation are of great importance. One important OB issue spanning these dimensions is the concept of "perceived fairness" in the workplace. Fairness is such a common phenomenon in organizations th..
How you Protect Your Intellectual Property? Why do you think you need to protect this property? How will you go about doing it? What will it cost to complete?
UDI Pharmaceuticals orders its antibiotics every two weeks (14 days) when a salesperson visits from one of the Pharmaceutical companies. Tetracycline is one of its most prescribed antibiotics, with average daily demand of 2,000 capsules. How many cap..
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