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The catering manager of LaVista Hotel, Lisa Ferguson, is disturbed by the amount of silverware she is losing every week. Last Friday night, when her crew tried to set up for a banquet, they did not have enough knives. She decides she needs to order some more silverware, but wants to take advantage of any quantity discounts her vendor will offer. >For a small order (2,000 pieces or less) her vendor quotes a price of $1.80/piece. >If she orders 2,001 to 5,000 pieces, the price drops to $1.60/piece. >5,001 to 10,000 pieces brings the price to $1.40/piece, and >10,001 and above reduces the price to $1.25/piece. Lisa's order costs of $200 per order, her annual holding costs are 5%, and the annual demand is 45,000 pieces. For the best option, (the best option is the price leve that results in an EOQ within the acceptable range). A) What is the optimum ordering quantity? B) What is the annual holding cost? C) What is the annual ordering cost? D) What are the annual cost of the silverware with an optimal order quantity? E) What is the total annual cost, including ordering, holding, and purchasing the silverware?
What is the impact on the marginal cost of productions per unit when the average cost per unit rise above the minimum level?
One concept presented in your text as a service design issue is the Moment of Truth, the critical moment of interaction between the service provider and the customer that exemplifies, enhances, or detracts from the customers’ expectations.
Identify an organization that successfully implemented strategic HRM initiatives. Present the initiatives and discuss the business strategies achieved as a result of the initiatives.
Historical data indicates that only 20% of cable customers are willing to switch companies. If a binomial process is assumed, then in a sample of 20 cable customers, what is the probability that
what are the three project team structures? what are some of the elements that differentiate the team structures from
What are the operational challenges associated with developing new boutique hotels? What can we learn from the mass customization of tangible goods (e.g., Land's End or Dell) that can be applied to the mass customization of services (e.g., boutique..
The most important inputs for Risk Management Planning include: Environmental factors, organizational process assets, scope statement, and project management plan.
Target purchases home goods made by a supplier in China. Target's stores in the United States sell 200,000 units of home goods each month. Each unit costs $10 and the company has an annual holding cost of 20 percent. What is the annual holding cost o..
The following situation refers to Sam Ops, a senior OM/IM student. In order to pay the rent, Sam decides to take a job in the computer department of a local department store. Sam’s only responsibility is to answer telephone calls to the department, m..
determine the powers created by a "general power of attorney" in colorado. Summarize the powers created by a general power of attorney, and express your reasoned opinion as to whether these powers are too broad and far-reaching.
You are the author of a popular CSR article. For this week’s discussion post, discuss the main reasons why Apple is or is not a socially responsible organization. List at least two examples of Apple’s actions that support your position. Be sure to us..
Can you think of situations when Organization Development (OD) values might be appropriately violated in a consulting engagement?
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