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Part 1:
A company is using the Economic Order Quantity (EOQ) model to manage its inventories. Suppose its inventory holding cost per unit per year doubles while the annual demand and the ordering cost per order do not change. What will happen to the EOQ?
Part 2:
A manufacturing company sells its products directly to customers and operates 5 days a week, 52 weeks a year. The production department of this company can produce at the rate of 60 units per day. The setup cost for a production run is $ 125.00. The cost of holding is $ 4.00 per unit per year. The demand for the item is continuous and constant and is 3,900 units per year. (Note: The demand occurs only when the company is operating, that is, 5 days a week for 52 weeks). Find the optimum number of units to be produced in one batch (economic production quantity). Round the number to nearest integer.
Porter's value system shows the organisation in terms of The value chains of suppliers, channels and the customer.
If random variable X follows the Normal distribution. X~Normal(10,10). Which among the following statements are correct? Answer a. P(X b. P(X=10)=0 c. P(X>8)=1-P(X
1. Determine what other management differences have impacted the relative success of Kodak and Fujifilm. Provide specific examples to support your response. 2. Evaluate each com
Bloomsday Outfitters produces T-shirts for road races. They need to acquire some new stamping machines to produce 30,000 good T-shirts per month. Their plant operates 200 hours per
The number of visitors at a theme park by season and year has been recorded and is given in the following table- Quarter 2003 2004 2005 2006 Winter 48 51 43 18 Spring 55
Locate an organization that has used vertical integration as a supply chain strategy. Describe in detail why you believe vertical integration was/was not the appropriate strategy.
Telephone inquiries of 100 cell phone company customers are monitored daily at random. Incidents of incorrect information or other nonconformities (such as rudeness to customers)
When is the best time in the research process to start searching for participants?
Give difference between assembler, compiler and interpreter
Define the use of regional trade organizations in international business. Identify the Regional Trade Organization of which the United States is a member. What are some of the adva
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