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Groundz Coffee Shop uses 4 pounds of a specialty tea weekly; each pound costs $16. Carrying costs are $0.25 per pound. It costs the firm $8 to prepare an order. Assume the basic EOQ model with no shortages applies. Assume 52 weeks per year. a. How many pounds should Groundz order at a time? b. What is total annual cost (excluding item cost) of managing this item on a cost-minimizing basis? c. What is the annual ordering cost? Annual holding cost? Why are they equal? d. The current practice is to order for two weeks of demand (8pounds). Which cost will go up and which cost will go down and why?
At what stage in a product’s life cycle are pioneering, competitive, and comparative advertising most likely to occur? Give a current example of each type.
What characteristics describe innovative organizations? If you were attempting to transform an average organization into an innovative organization, what is the most significant obstacle you might encounter?
Describe how globalization can lead to the integration of strategic demands for worldwide efficiency, local market responsiveness, and the spread of world-class technology across all national markets
An electronic component has a specification of 150 +or- 4 ohms. Scrapping the component results in an $80 loss. If the process is centered on the target specification with a standard deviation of 2 ohms, what is the expected loss per unit?
Paul has his home and its contents insured under a Homeowners 3 (special form)policy. He carries $160,000 of insurance on the home, which has a replacement cost of $200,000. Explain the extent to which each of the following losses is covered. (Ignore..
The Thomas Lee Press publishes a wide variety of books. One of their steady sellers is Operations Management, now in its fifth edition. Lee expects that the next edition of this book will sell approximately 12,500 copies annually for the next few yea..
There are three types of strategic alliances. Namely joint venture, equity strategic alliance and non-equity strategic provide examples with your response for each one?
Discuss the differences between functional and dysfunctional conflict. Why should a manager understand conflict? Use specific examples from your personal experience.
1. What are the operational challenges associated with developing new boutique hotels?
describe the metrics that will be captured throughout the project for schedule budget utilization and status
Research has shown that transformational leadership can lead to a positive impact on performance and behavior. Discuss how this occurs and provide an example of a leader that has done so successfully or who could use transformational leadership to be..
as a marketing manager you have recently turned down nancy conrad for a position as sales supervisor. nancy believes
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