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A manufacturing firm is considering two locations for a plant to produce a new product. The two locations have fixed and variable costs as follows: Site Fixed Cost (Annual) Variable Cost (per unit) A $100,000 $10 B $120,000 $8 C $150,000 $7 a) For what quantity would there be indifferent between selecting site A or site B? b) For what range of output would you prefer site C? c) Which site would you prefer for a quantity of 20,000 units per year? What would be your total cost? Please provide formulas with answers for rating!
As lean production methods reduce changeover and setup times and thus enable smaller economic lot sizes and less work-in-process inventory, is the importance of quality increased o
List the four basic functions of law?
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The demand for a product for the past 30 periods is shown below. Determine the reorder point, R, and order-up-to-level, S, for this product for the next 6 periods (periods 31-36).
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