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ABC Aircraft uses 2,000 drill bits annually. Each drill bit costs $50 and each order ABC places costs $30. The annual carrying rate is 20% of unit cost. ABC has contracted with the supplier of the drill bits to use an order quantity of 200 by doing which they receive a 3% discount on purchase price. Compute the annual total cost (i.e. the Purchase cost + ordering cost + Holding cost). (Please read the question more than once)
What effect does your organisation's facility layout have on the following (where appropriate): inter-process movement; health & safety; congestion; resource utilisation; work-in-p
18 carpets were observed colsely and the number of defects in their texture was noted.Draw a control chart for the number of defects no.of.defects: 0 1 2 3 4 5 6 no.of carpets: 0 1
How should foster position herself and her team prior to raising a follow-on fund?
what does employee empowerment mean in job design
Discuss how ethical organizations are created through ethical leadership and organizational structures and systems.
Describe the categories of problems that have been found to be approached by Six Sigma methodology.
Research the corporate-level of strategies and evaluate the business-level strategy do you believe is appropriate to offset forces in the industry for Victory Motorcycles. Can you
A grocery chain is considering the installation of a set of 4 self-checkout lanes. The new self-checkout lane setup will replace 2 old cashier lanes that were staffed by a cashier
Why should a first-line supervisor understand the organization's objectives? Why is this knowledge important to the supervisor's tactical planning?
What are the two major types of labour arbitration "interest" and "right"? Explain each.
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