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Question: 1. Suppose Thomas Toys Ltd. (in solved problem 4) decides to reduce the review period from 21 days to 10 days. Rework the problem assuming everything else remains the same.
2. Suppose Johnson Plastics (in solved problem 5) reduces setup cost to $20. Rework the problem.
3. Ergonomics Inc. sells ergonomically designed office chairs. The company has the following information:
Average demand = 20 units per day
Average lead time = 30 days
Item unit cost = $50 for orders of less than 200 units
Item unit cost = $48 for orders of 200 units or more
Ordering cost = $25
Inventory carrying cost = 25%
The business year is 250 days The basic question: How many chairs should the fi rm order each time? Assume there is no uncertainty at all about the demand or the lead time. There are many associated questions, such as what will the fi rm's average inventory be under each alternative? What will be the breakdown of costs for each alternative?
an investment proposal will have annual fixed costs of 60000 variable costs of 35 per unit of output and revenue of 55
Write a 1000-word reflection hat summaries your personal understanding, practical implication and possible criticisms raised by the discussion and questions.
Suppose Charlene Brewster has times (in seconds) of 8.5, 8.6, 8.2, 8.6, 8.8, 8.6. and a performance rating of 115%. For a given allowance factor of 12% the standard time for the operation – seconds
Why do people participate in business (engage in commerce, transactions, exchange)?
Describe a situation where the handling of super-confidential information (such as HIV, genetic testing, substance abuse, or behavioral therapy) could lead to a HIPAA violation. As a Health informational professional how would you ensure compliance?
What are some of the Managerial implications of the "global village?" With regards to large organizations, what is the significanca between a multi-national corporation and a trans-national corporation?
How does one go about identifying, explaining and costing many of articles in labor agreement, regardless of whether they cover economic or non-economic issues?
You are to define the phrases: Colloquial language in writing, Declarative statements in writing, paraphrasing, and Formal language in writing. Provide a short summary discussing each phrase or term (two to three paragraphs for each) and provide an e..
Find an organization of your choice and then discuss the four points within a VRIO chart. You are to explain each of these four sections by conducting in-depth research on the company of your choice and to apply quantitative numbers to back up your r..
The text mentions several common approaches to use when developing a strategy to close a capacity gap (where utilization of a resource exceeds capacity available). Which of the following is among the common approaches mentioned
Virtual teams are more likely to be cross-cultural, which makes communication within the teams more important, in some ways, to address.
Considering only the aspects of owners' management rights, federal income taxation, and transferability of the owners' interests,
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