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A computer-supply mail order house has a memory chip in inventory that it sells to customers around the country. A Japanese manufacturer supplies the item using airfreight. It has the following characteristics: Average annual demand = 3,200 Replenishment lead time = 1.5 weeks Carrying cost = 15% per year Purchase price, delivered = $55 per unit Procurement ordering cost = $35 per order a. Design a reorder point method of control for this item. b. What are the annual ordering and annual carrying costs if your design is used? c. Suppose that the lead time stretches to three weeks, so that the ROP>Q*. What adjustments would you suggest making in the control policy?
What challenges may arise if a U.S. project manager moves to a foreign country to manage a project for 5 years? Discuss specific strategies that the U.S. project manager could use
Question 1: Describe how ERP systems can achieve business integration Analysis of conventional company information systems with respect to ERP packages examples con
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Analyze the ways in which managers could use the Federal Register to determine the single most significant challenge associated with its use, and how managers could address that ch
I was previously on student of fortune. Can anyone help?
The importance of Supply Chain Management cannot be underestimated because it ensures that the right materials are at the right place at the right time at a minimal cost and maximu
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Thoroughly research and analyze two opportunities and two major threats that united airlines is facing
Prepare an aggregate plan for the coming year assuming that the sales forecast is perfect Use a spreadsheet Bradford Manufacturing in the spreadsheet an area has been designated fo
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