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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
According to Morgan (2006), "All theories of organization and management are based on implicit images or metaphors that lead us to see, understand, and manage organizations in dist
Identify (a) the demand options for aggregate planning; and (b) the capacity (supply) options for aggregate planning
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Recalling your participation in Workshop 1, identify a process at your organisation that has been or could be analysed and/or improved using simulation (via software such as Extend
We need to consider some accounting ideas in order to cover this weeks Objective # 3. So in that regard, for your own business, which method of accounting would you use, the "accru
Interdependent sub-systems A striking feature of complex, open systems is that each comprises a set of highly interdependent sub-systems. For instance, the human body consist
What is a "common-size financial statement" and how would it assist you to manage your business successfully?
1) Should Jeff go ahead and place the order he knows is coming and win the contest while risking the anger of Ron Yokum? 2) How much latitude should a salesperson assume in clos
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Thoroughly research and analyze two opportunities and two major threats that united airlines is facing
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