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Question: 1. Johnson Widgets Inc. is examining its inventory of maintenance supplies in its warehouse. It wants to conduct an ABC analysis of these supplies. It maintains inventory of 10 parts and the history of part usage is contained in the following table.
What would you recommend to Johnson Widgets?
2. Foods Galore is a major distributor to restaurants and other institutional food users.
a. Foods Galore buys cereal from a manufacturer for $20.00 per case. Annual demand for cereal is 200,000 cases, and the company believes that the demand is constant at 800 cases per day for each of the 250 days per year that it is open for business. Average lead time from the supplier for replenishment orders is eight days, and the company believes that it is also constant. The purchasing agent at Foods Galore believes that annual inventory carrying cost is 10 percent and that it costs $40.00 to prepare, send, and receive an order. How many cases of cereal should Foods Galore order each time it places an order? What will be the average inventory? What will be the inventory turnover rate?
What proportion of the production in process will meet customer requirements - which method should be used to forecast the demand for product?
Magnum Products packages lawn fertilizer for sale to local garden stores. Each bag is labeled as containing 20 pounds. In order to ensure that no customers are shorted, the firm requires that each bag contains at least 20 lbs., with a target of ..
Briefly describe the theory underpinning Bolman and Deal's Symbolic Frame, discussing its usefulness in organizational analysis.
What are the arguments for and against human cloning based on the idea that it would be “playing God.”?
Heather Alburty purchased a previously owned, 2004 Grand Am for $8900. Since purchasing the car, she has spent the following amounts on parts and labor: Unfortunately, her new stereo doesn't completely drown out the sounds of a grinding transmission...
Discuss the best way to predict sales performance
How can feedback be used effectively?
What element of establishing an organizational strategy might lead an organization to need to implement changes? How would you determine what needs to be changed in an organization?
Online Library and locate a minimum of two recent articles on individual personalities and temperaments. Look for articles that discuss how personalities and temperaments affect management styles
Address the following questions and also provide the name of a company example of each structure with supporting rationale. What kinds of companies should employ the simple structure organizational configuration? What kind of companies should use the..
If social networks are an essential element of the organizing facet of the P-O-L-C framework, should employers track the use of LinkedIn or Facebook among their employees? Why or why not?
Which of the following is NOT a condition that increases the benefits of goal setting?
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