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Sarah needs to purchase organic Palm oil to make her soaps. She needs 1,000 kgs of Palm oil per day on average. The supplier charges a $60 delivery fee per order (which is independent of the order size) and $4.75 per kg. Sarah's annual holding cost is 25%. Assume 52 weeks per year and 5 days per week.(a) If Sarah wants to minimize inventory holding and ordering costs, how much Palm oil should she purchase with each order (in kgs)?(b) Sarah's supplier is willing to sell her Palm oil at a 5% discount if she purchases 10,000 kgs at a time. If she were to purchase 10,000 kgs per order what would be her average inventory holding and delivery fees per day (in $s)? (Note, do NOT include her purchasing costs per day, which would be 1000 x 4.75 x 95%.)
Layout choices must be closely tied to flow strategy. Which one of the following firms is most likely to select a flexible-flow layout.
The firm has no other non-operating assets. It has $368 million in debt and $60 million in preferred stock. What is the value of the firmas operations?
What is the percentage change in labor productivity from April to May for Larry's Auto Body Repair?
The maximum amount available of the "Other" ingredients is 125 tons. The cement sells for $60 per ton. The organization needs to maximize its profit. Formulate the linear programming problem to maximize the profit.
Design a total rewards program based on an existing organization that you have studied earlier in the course or, with the instructor's permission, a different organization.
The lights are on 19 hrs a day, 365 days a yr. If the firm's MARR is 15percent, illustrate what is the maximum price per bulb the engineer should be willing to pay to switch to the new bulb.
Any equipment which is in need of repair or replacement is removed for off-site service (or replacement) prior to the next day. Illustrate what Principles of Operations Management are supported by this policy.
Select a real company (not a retailer). Identify four decisions that the company makes at different levels of the organization. Explain the policies, procedures and decision-making tools which might be used to make each of the four decisions.
The latest economic news was not very positive. Unemployment rates were higher than expected, consumer confidence had fallen
Johnson Industries received a contract to develop and produce four high intensity long distance receiver/transmitters for cellular telephones. The first took 2000 labor hours
The results of inspection of DNA samples taken over the past 10 days are given below. Sample size is 100.
Discuss in scholarly detail the defining principles and the implementing principles of the corporate social justice approach.
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