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Question: Henri of Henri's French Cuisine (HFC), a chain of 12 restaurants, is trying to decide if it makes sense to outsource the purchasing function. Currently, Henri employs two buyers at an annual fixed cost of $85,000. Henri estimates that the variable cost of each purchase order placed is $15. Value-Buy (VB), a group of purchasing specialists, will perform the purchasing function for a fixed annual fee of $100,000 plus $5 for each purchase order placed. Last year, HFC placed 1450 purchase order.
What was the cost last year to HFC when doing the purchasing in-house?
Sally is the president of AAA Components, a company that makes small parts for the automotive industry. Customers of AAA components are primarily auto manufacturers. Sally's cousin Frank works at the company as a sales representative. Define and disc..
Develop a chart or diagram that will illustrate how alleles influence the inheritance of traits such as through: dominant-recessive inheritance, incomplete dominance, X-linked inheritance
When resource-leveling a project, a number of heuristics can help us prioritize those activities that should receive resources first. Activities with the smallest slack. Activities with the smallest duration. Activities with the lowest identification..
An analyst has timed a metal-cutting operation for 50 cycles. Find the standard time for of this operation.
The market sets pricing. We? don't set? pricing. But Plastic Logic is competing in oligopolistic? industry, so? shouldn't firm, not? market, be setting price?
The annual holding cost rate is 40%, annual demand is 900, and the order cost is $20 per order. The lead time is 4 days. The store is open 300 days per year. What is the optimal order quantity?
Mary owned a small business and she was quite successful in it. Mary had started the business when her children were small but after they were grown, she had her sons working for her and they did the buying for the business under her tutelage. The ve..
Here are questions to get you thinking:How do I test and evaluate the choices I make?What constitutes reality, and how do I find it?
discuss the writing requirement and the biblical admonition of fulfilling agreements
A local machine shop buys hex nuts at a cost of $0.15 each. There is a cost of $52 every time an order is placed and holding costs are based on a 20% annual.
Overall employee Performance in organizations. Individual Job performance.
Many producers use more than one channel of distribution to reach consumers.
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