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Marge’s Model Shop sells stock car replicas. The most popular model sells 100 units each week. The shop is open year-round except for a two-week holiday closing over Christmas. Marge uses EOQ tools to determine optimal order quantities from a Distributor; that number is 700 stock cars. The paperwork and processing are estimated to create an administrative cost of $49 per order. If the Holding Cost is 20%, what is the value of the stock car being ordered?
What other information do you feel you need beforemaking your desicion?
The objective of this discussion is to aid you in mastering the following course competencies: Apply theories, models, and practices of global operations management to address business problems.
Identify three people that you consider effective leaders. What are, at least, 5 characteristics these individuals exhibit that you believe make them effective leaders?
What is important to you in terms of your personal work motivation? How do the things that motivate you fit with Starbucks' approach to motivating partners?
or the month of November, 2010, the firm has generated the 150 orders, 75 of each type. Assume one month equals 20 days. What is the effective capacity of the process
Describe the importance of a project charter to the project manager. How does a strong project sponsor and clear project scope apply to the overall success of a project?
Rachel Brown, chief engineer at Jones Electronics, has to decide whether to build a new state-of-art processing facility. If the new facility works, the company would realize a profit of $200,000. If it fails, Jones Electronics could lose $180,000. A..
Ten labs will be assigned to the circular layout shown. Recalling a similar layout congestion in the halls, the new lab manager has requested an assignment that will minimize traffic between offices.
What have we learned from the events in Ferguson, MO? Discuss the U.S Department of Justice report and the finding of pervasive racial bias in the police department and the court system. What empirical data were used in their analysis? Did they use t..
What trade-offs are involved in shifting from a traditional operations system to a lean system for:
create an 8-10 slide ms powerpoint presentation with detailed speaker notes. include the followingidentify which iso
1 what is strategic management? describe the strategic management process in a company with which you are familiar?2
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