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The Toledo Mudhens, a minor league baseball team, breaks an average of eleven bats per week during a 42 week season. The team purchases it bats from a national supplier. The order cost is $295 and the annual holding cost is 25 percent of the purchase price.
What is the annual demand for bats?
If bats cost $30.00 each, what is the economic order quantity for bats?
What is the total annual cost associated with the EOQ quantity?
What impact will an decrease to $195 in the order cost have on the EOQ quantity?
Suppose the Mudhens break an average of 9 bats per week during the season, what impact will this have on the EOQ quantity? (Assume the order cost is $295)
According to Expectancy Theory, which of the following actions would NOT alter outcome valences?
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The forecasting department, traditionally reporting to the sale manager, has historically seen a forecast accuracy of about 60%, and this in turn causes problems for the following departments:
Acting as a merchandise buyer for a fictitious store, the University Boutique.First develop the retailer's six-month buying plan. Secondly develop the retailer's merchandise assortment plan.
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