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Mark Achin sells 3,600 electric motors each year. The cost of these is $200 each, and demand is constant throughout the year. The cost of placing an order is $40, while the holding cost is $20 per unit per year. There are 360 working days per year and the lead-time is 5 days. If Mark orders 200 units each time he places an order, what would his average inventory be (in units)? what Answer is it? 100 200 60 120 none of the above
A single machine work center has five jobs assigned to it. They are labelled, in the order of their arrival in the shop, as jobs A, B, C, D and E. The work center may work on only
Operations Management refers to those activities which are more or less directly concerned with the creation and delivery of goods and services. The course is intended to give you
The final element of the information systems plan specifies resources required to carry it out. The capital budget should include projections for the cost of computer hardware, net
Based on your personal and professions experience, provide examples and discuss how technological innovation resulted in change within your organization, whether it concerned proce
Define the minimal long-term effect on the environment. Practices for minimal continuing effect onto the environment: a. Reduction within the use of toxic substances. b.
Giving employees explicit rights to free speech, just cause dismissal, and information are three possibilities for transforming U.S. labour law.
How X control chart is used? X control chart is used with go and not go inspection.
Service department managers expectations
Technology Assessment analyze the basic technology underlying health care information systems and determine the most pressing need for innovation. 2. Explain (with specific example
1. Both Juran and Deming advocated ongoing product development. In fact, Deming's introductory lecture to Japanese managers in 1950 contrasted the old way of product design-desi
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