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A large medical clinic uses 500 cases of floor polish per year. Purchases are made at an ordering cost of $15 per order. Inventory carrying cost is 20% per year. The price schedule, which includes the transportation cost, shows that orders of less than 50 cases will cost $49.95 per case; between 50-79 cases will cost $44.95 per case; and 80+ cases will cost $39.95 per case. Prices apply inclusively to all units bought. What is the optimum purchase order size that should be placed, and what is the total cost?
Illustrate what is your recommended daily order quantity for supermarket. Illustrate what is probability which supermarket will sell all units it orders.
Organisations based on the principles of scientific management will always perform well. Is this true, or might the application of other theories produce better results.
Why do you Assume that Best Buy, rather than one of Best Buy's big suppliers such as Sony or Panasonic, is considering eliminating rebates.
Why should all projects include risk in their project planning? What are some of the drawbacks if risks are not considered?
Distinguish between individual barriers and organizational barriers to communication. Explain two examples of each beside those referenced in the textbook.
Determine the best possible way to account for inflation when considering where to invest your money
Past history says that tomorrow's demand for lettuce averages 230 boxes with a standard deviation of 33 boxes. How many boxes of lettuce should the supermarket purchase tomorrow?
A project to develop a county park has an actual cost in month 17 of $350,000, a planned cost of $475,000, also a value completed of $300,000. Find cost also schedule variances also three indexes.
Hottenstein, Griffith, and Hult, attorneys at law, do a great deal of printing. The firm uses a single type of printer with annual demand for print cartridges of 480 per year.
The Good Chocolate Company makes a variety of chocolate candies, including a 12-ounce chocolate bar (340 grams). The output of the machine that fills the bar molds is approximately normal with a mean of 340 grams.
Assume that you own a very upscale restaurant (think shearwater at the hotel del Coronado or the grant grill at the us grant hotel). Business has fallen off greatly at your restraurant because of the economic crisis
A chemical firm produces sodium n 100-pounds bags. Demand for this product is 25 tons per day. The capacity to produce the product is 75 tons per day. Setup costs $1500.00 and storage and handling costs are 55 per ton per year.
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