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Item Cost - $7.00 Order Cost - $283.00 Annual Hold - 32% of item cost Annual Demand - 22,100 Average Demand - 442 per week Standard deviation of weekly demand 20 per week lead time - 1 week service probability - 95% Determine the order quantity and reorder point. Determine the annual holding and order costs.
What is the agency problem? What steps can be taken to solve it? Why is it important for managers and organizations to behave ethically?
The Dubuque Cement Company packs 80-pound bags of concrete mix. Time-study data for the filling activity are shown in the following table. Because of the high physical demands of t
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A two year sales history by quarter for a seasonal product is given below. Sales Quarter First Year Second Year 1 30 42 2 48 58 3 60 74 4 35 44 a) Using Winter's
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What did Roy Choi do to build the Kogi BBq band? What measures has he taken to extend the brand? What would further expansion hurt Roy Choi'sefforts? Why?
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