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Ross White’s machine shop uses 2,500 brackets during the course of a year, and this usage is relatively constant throughout the year. These brackets are purchased from a supplier 100 miles away for $19 each, and the lead time is 4 days. The holding cost per bracket per year is 10% of the unit cost and the ordering cost per order is $25. There are 250 working days per year. 1. What is the EOQ? 2. Given the EOQ, what is the average inventory? 3. What is the annual inventory holding cost? 4. In minimizing cost, how many orders would be made each year? 5. What would be the annual ordering cost? 6. Given the EOQ, what is the total annual inventory cost (including purchase cost)? 7. What is the time between orders? 8. What is the ROP?
Swet Tooth Inc. is experiencing growing demand for its new line of candy and needs to add a new production line of 50 workers. You are the company's newly hired vice president of human resources. Your first task is to develop a staffing plan for this..
Share the deceptive tactic you investigated from the e-Activity. On a scale of 1 to 5 with 5 being highly deceptive, rate the tactic you found and state why you gave it that rating.
A customer who is not satisfied at your store does not wait and simply drives down the street to a competitor.
Contribute to the learning of the class by sharing your reflections on how your place of employment (or an organization of your choosing) might use any of the Decision Tree and/or Bayesian concepts to improve performance.
Now the firm offers only 5 days of vacation, 5 paid holidays, and legally mandated benefits such as unemployment insurance payments.
How have social trends affected businesses in the high tech industry? Please give a list of opportunities and also threats.
Entrepreneurship generally means that a certain level of innovation is involved. This doesn't mean simply creating new products or services, but it can also be developing new ways of doing existing activities. Innovation is the process of creating, c..
Compare and contrast the service positioning matrix and the product process matrix in terms of their differences and similarities.
Discuss an example where optimal (or improved) organization design resulted in greater functional effectiveness and productivity of an organization.
Evaluate LensCrafters' operations strategy and explain how the organization seeks to gain a competitive advantage in terms of sustainability.
How did VW’s business model match its sustainability strategy in the wake of emissions scandal?
1. Why do organizations and individuals enter into employment relationships? 2. What does the wordresourcein the termhuman resource management suggest about the nature of the employment relationship?
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