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A manager just received a new price list from a supplier. It will now cost $1.00 a box for order quantities of 801 or more boxes, $1.10 a box for 200 to 800 boxes, and $1.20 a box for smaller quantities. Ordering cost is $82 per order and carrying costs are $10 per box a year. The firm uses 3,650 boxes a year. The manager has suggested a "round number" order size of 800 boxes. The manager's rationale is that with a U-shaped cost curve that is fairly flat at its minimum, the difference in total annual cost between 800 and 801 units would be small anyway. What order size would you recommend? (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number.)
Define importance of Training and Education. Importance of Training and Education: Training and education bring employees to a standard whether they can carry out industrial
You are manger of a bakery, where only pizza's are baked. For this purpose,you purchse flour at a rate of Rs.4/kg. It is notices that in a week at most five pizza's can be sold. At
Strategic analysis is an important first step in setting strategic direction
Put yourself in the position of an entrepreneur who is developing a new product to introduce into the market. Briefly describe the product. Then develop the segmentation, targeting
A comprehensive safety assessment report contains both testing and hazard analysis. What types of safety testing would be performed on commercial aircraft to identify any design-o
1)?An analysis of type of operations carried out and operating processes (i.e., project, batch, mass, professional service, service shop,?mass service, etc.) 2)?An identification
Do you belive it is ethical for organizational managers to try to get access and scrutinize the Facebook pages of employees or job applicants?
1. Discuss how you interpret the statement 'ERP is the 'meat and potatoes' of the organisation'. 2. What are the key issues when implementing an ERP system? 3. How will tra
The Hickory Cabinet and Furniture Company makes chairs and tables. The company has developed the following nonlinear programming model to determine the optimal number of chairs (x1
QUALITY TPIS ON EFFECTIVE PLANNINGuestion #Minimum 100 words accepted#
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