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1. Big City Productions, Inc. buys 4,000 blank CDs per month for use in producing rap music. The ordering cost is $12.50. Holding cost is $0.12 per CDs per year. a. How many CDs should Big City order at a time? b. What is the expected time between orders? assume 300 working days per year.
2. There has been a trend to increasing use of company stock for compensation purposes over the last 15 years, paralleling the eightfold rise in the stock market. Both the number of employees included in these plans has grown steadily, along with the world's faith in market economics. Meanwhile, growth in fixed compensation and benefits has been drastically curtailed. The right amount of employee stock depends on the characteristics of the particular company and the environment it operates in. Since every company is different, having a broad range like 10% to 20% as a guideline is appropriate (Ochsner, 1997).
Have you ever benefited from a stock option plan or compensation? Please share your knowledge.
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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