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The organization you work uses 1570 widgets per year. If the widgets cost $25 each, the annual holding cost is $2 per kit and the ordering cost is $45 per order, answer the following questions?
A) What is the economic order quantity?
B) If the person you order from will rebate you $20.00 per order if your order a quantity of 250, should you take this savings on the order costs? ( Show the numbers )
C) Assuming that this company is open 224 days per year, what is your reorder point if lead time is 4 days, daily demand has a std deviation of 6 units and you want a 95% (z= 1.64) confidence level in your reorder point?
What is the average value of a loyal customer (VLC) in a target market segment if the average purchase price is $75 per visit, the frequency of repurchase is 6 times per year, the contribution margin is 10%, and the average customer defection rate is..
Provide examples of how companies are using these systems to improve their operations.
At the start of the social season, Aunt Lavina purchased a hula skirt in Sadie's dress shop. The salesperson told her, "this supeior garment will do things for a person." Aunt Lavina's houseguest, her niece, Florabelle, asked and obtained her aunt's ..
In a conversation with some of your friends "who cannot wait to take Strategic Marketing, you were told that everyone in your class talks about the notions of "external" and "self-analysis." Identify and fully discuss the various facets of the firm's..
Draw a decision tree for a defendant's Plea-Bargain Dilemma. There is a dilemma faced by a defendant who is accused of a crime and whose attorney has arranged a plea bargain.
How can these cultural differences in regard to the environment be a direct source of competitive advantage to a corporation?
Because Operational Risk (OR) is disparate and exists within all companies and organizations,
Determine what elements Jason needs to establish in order to prove insanity, at the time he signed the promissory note?
Beatrice would like to file her claim in federal court. Can she do so? Explain your response.
Identify and discuss the flexibilities that are available in each of the three following life insurance policies that are not offered in a term or whole life insurance policy: a) variable, b) universal, and c) universal variable.
Consider the different means of differentiating products and services.
Analyze the issues in the case using what you have learned in this course and additional research you do. In a paper of at least two pages in length, write a short introduction to the case and then respond to discussion questions 1, 3, and 4 at the..
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