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The manager of a car wash received a revised price list from the vendor who supplies soap, and a promise of a shorter lead time for deliveries. Formerly the lead time was four days, but now the vendor promises a reduction of 25 percent in that time. Annual usage of soap is 4500 gallons. The car wash is open 360 days a year. Assume that daily usage is normal, and that it has a standard deviation of 2 gallons per day. The ordering cost is $30 and annual carrying cost is $3 a gallon. The revised price list(cost per gallon) is shown in the following table:
Quantity unit price
1-399 $2 400-799 $1.70 800+ $1.62
a. What order quantity is optimal?
Hr as a competitive advantage: I need research on the above subject with reference and cited.
Your best friend owns a small children's clothing store located in the downtown area of a community of 50,000 citizens. Business has been slow the past year due the construction of
One test of whether marketing research should be done is whether different outcomes will lead to different marketing actions. whether different outcomes will lead to the
Explain Theory 'Y'. This theory is place forward by Douglas McGregor. It is based upon the management thinking containing certain assumptions regarding human nature and human b
Please help with SWOT analysis of Mcdonald''s ordering process
Explain Sources of Manpower Recruitment. Sources of Manpower Recruitment: (i) From in the Company The sources of manpower recruitment for any company are as following
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A company hires a file clerk but does not inquire into his criminal history. In fact, he has had several convictions for driving while intoxicated. On a lunch break, he gets drunk
Q1 Evaluate the service to club members and casual flyers by completing a table similar to Table 3.1. Q2 Chart the five performance objectives to show the differing expectations
Collective bargaining replaces management's traditional authority to unilaterally establish terms and conditions of employment with bilateral negotiations. How has the collective b
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