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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.)
Game theory is important for the understanding of __________. A. competitive markets B. oligopolies C. all market structures D. monopolies
Calculate the standard production per shift of 8 hours duration with the followings data: Observed time per unit 5 minutes Rating factor 120 % Total allowances 33.3
Should ethical concerns be part of life's everyday experience, or is it only necessary when we are faced with overwhelming moral dilemmas? Please state why you have come to this co
what are the functions of operation management?
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Consider - a small manufacturing company which produces high quality furniture has provided the following data: Compare all partial factor and total factor productivity for
What is "authentication" in terms of electronic signatures, and why is it relevant to discussions of health law?
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A bank manager wants to determine the percent of time that tellers are working and idle. She decides to use work sampling, and her initial estimate is that the tellers are idle 30
The use of strikes has increased in the last decade such that the FMCS reports now show a 10% utilization rate
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