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A manager receives a forecast for next year. Demand is projected to be 580 units for the first half of the year and 930 units for the second half. The monthly holding cost is $2 per unit, and it costs an estimated $55 to process an order. a. Assuming that monthly demand will be level during each of the six-month periods covered by the forecast (e.g., 100 per month for each of the first six months), determine an order size that will minimize the sum of ordering and carrying costs for each of the six-month periods. (Round your answers to the nearest whole number.) Period Order Size 1 - 6 months units 7 - 12 months units c. If the vendor is willing to offer a discount of $10 per order for ordering in multiples of 50 units (e.g., 50, 100, 150), would you advise the manager to take advantage of the offer in either period? If so, what order size would you recommend?
Determine which features of Canada's labour relations system you would transfer to the U.S. if you could. Explain your rationale.
Can I know what is group layout
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Compare and contrast Deming and Crosbys views on the cost associated with a lost customer.
Process Adjustment and Process Capability Process adjustment In the event of the process veering towards non-conformance as a result of variables which are not inherent t
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