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Ventura Lumber Mill (not a real company) in Salvador, Brazil, processes 9,000 logs annually and operates 300 days during a year. Ventura’s supplier delivers orders to the lumber mill at the rate of 50 logs per day. The cost to Ventura for placing an order to the supplier is US$1,400 per order, and the cost of carrying inventory of logs is US$20 per log per year:
a. What is the economic production quantity (EPQ)?
b. What is the average inventory level for this optimum production quantity?
c. How many production setups would there be in a year?
Medical Clinic is a 20-physician multi-disciplinary practice. The clinic has decided to implement a voice recognition system.
Why do lessons learned documents fail to capture meaningful information that could help future projects in the future?
Calculate the process capabilities for the doctors at each of these locations. Which is the most capable and which is the least?
Getting Social Collapse Remember the University of California student who -- back in early 2009 -- posted the infamous tweet about an internship with the software giant? "Cisco just offered me a job! Are social media posts considered "free speech"? W..
What alternatives are available to Nancy? Discuss the advantages and disadvantages of each alternative. A CASE OF TOO MUCH HELP Nancy O’Leary, senior supply manager at the Northfield Unified School District supply department, sat reflecting on a purc..
Another often-cited roadblock to combatting global warming is the free rider problem. Reducing global warming requires a coordinated effort among all countries. But countries generally have little leverage to convince other countries to behave in a m..
Identify which that you believe to be most important, and describe at least one strategic response.
ABC Company uses standard costing. Compute the budgeted fixed cost per labor hour for the fixed overhead separately for each plant:
What are three major external forces for change in today’s organizations?
Create your own fact pattern exemplifying how the trap affected a business decision.
A manager just received a new price list from a supplier. It will now cost $1.00 a box for order quantities of 801 or more boxes, $1.10 a box for 200 to 800 boxes, and $1.20 a box for smaller quantities. The manager’s rationale is that with a U-shape..
It is normal for a company’s realized strategy to end up...
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