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By using a time-phased plan for component inventories, a firm can reduce average inventory levels from 105 units to 42.5 units. If the average component value is Rs.12 and the reduction applies to 4,000 components, how much of a saving would result? Use inventory-carrying costs of 30 per cent per year.
Research, identify and discuss the 4 basic functions of management. Also, explain which function you feel is most important and why.
Many states now face budget cutbacks. Many programs now are being cut across the board. How do you think those that depend most on state programs will be adversely affected?
What is the primary benefits of implementing a Lean Workflow Cycle within a team? What are the primary benefits of Visual Management within the workplace?
What are the ways to minimize negative effects from culture difference? Did you (your friends, relatives and etc.) have any culture difference issues in business? How did you /them solve the problems? Did these issues affect your /their business?
Fresh-Mart Grocery is a regional grocery chain that is developing an information system to monitor inventory levels, product sales, and merchandise turnover. As products are sold in stores, they need to be replaced by shipments from the distribution ..
After many years working with a large consulting partnership, you and several of your business associates and friends decide to form your own consulting business as a limited liability partnership (LLP). You and five of your close friends have 20-25 ..
The Hub and Spoke Concept continues its development in the various modes of transportation (Maritime, Air, Truck, and Rail). Describe some of the key advantages this concept brings to the various modes of transportation.
Measuring customer retention is a component of measuring A. customer engagement B. retail services C. customer satisfaction D. return on investment
Transportation problem. A company has m manufacturing facilities. The facility at the ith location has capacity to produce bi units of an item. The product should be shipped to n distribution centers.
While walking on the sidewalk next to Sue’s home, Keith sees a DVD player on a blanket spread out on the lawn near the sidewalk. After looking around to see if anyone can observe his conduct, Keith takes the DVD player back to his home and tells ever..
for many companies change is a constant thing. a company that can smoothly navigate organization change is one that is
A cafeteria has a coffee urn to service customers. Arrivals follow a Poisson distribution at a rate of 3 per minute. Customers take 15 seconds to get coffee, exponentially distributed. Suppose the urn is replaced by a machine that has a constant serv..
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