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1. Custom Computers, Inc. assembles custom home computer systems. The fan assemblies needed are bought for $24 each and are ordered in quantities of 1500 units. Annual demand is 7500 fan assemblies, the annual inventory holding cost rate is $4 per unit, and the cost to place an order is estimated to be $60. Calculate the following-
a. Average inventory level
b. The number of orders placed per year
c. The total annual inventory holding cost
d. The total annual ordering cost
e. The total annual cost
Evaluate the statement: "Special-purpose technology is a common way of offering increased customization in manufacturing or services without taking on additional labour costs." Cit
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discuss the evolution of operations management in the last 10 years
Problem : Describe how managers may use Queuing Models in the decision making process. Consider there is only one photocopy machine in your organisation. On a typical day, a
Weekly sales of rye bread at the corner store are shown below. Using this data, forecast Week 7 using a six-week moving average. Week Sales 1 415 2 389 3 420 4 382 5
Discuss the fit for GBI of this particular for-profit avenue Eileen o'brien has chosen?
One purpose of the project charter is to help the project team and the project sponsor to commit to the project
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Production and management Brunswick, read an article on time-phased requirements planning. He was curious about how this technique might work in scheduling Brunswick's engine assem
Costco is able to keep its inventory expenditure relatively low through its management technology and cutting-edge point-of-sale inventory management technology. As a result, Costc
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