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Your company has assigned one of its vice presidents to function as your project sponsor. Unfortunately, your sponsor refuses to make any critical decisions, always "passing the buck" back to you.
• What should you do?
• What are your alternatives and the pros and cons of each?
• Why might an executive sponsor act in this manner?
Calculate the minimum replenishment time to build 2500 Model A fountains given the following beginning inventories?
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1. Garden Variety Flower Shop uses 1000 clay pots a month. The pots are purchased at $3 each. Annual carrying costs per pot are estimated to be 25% of cost, and ordering costs are
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