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A food processor uses approximately 29,470 glass jars a month for its fruit juice product. Because of storage limitations, a lot size of 4,000 jars has been used. Monthly holding cost is 18 cents per jar, and reordering cost is $60 per order. The company operates an average of 20 days a month. What monthly penalty is the company incurring by its present order size? (Round your intermediate order quantity to nearest whole number and final answer to 2 decimal places. Omit the "tiny_mce_markerquot; sign in your response.)
The manager would prefer ordering 10 times each month but would have to justify any change in order size. One possibility is to simplify order processing to reduce the ordering cost. What ordering cost would enable the manager to justify ordering every other day? (Round your
intermediate order quantities to whole number and the other values to 2 decimal places.Omit the "tiny_mce_markerquot; sign in your response.)Suppose that after investigating ordering cost, the manager is able to reduce it to $50. How else could the manager justify using an order size that would be consistent with ordering every other day? (Round your intermediate order quantities to whole number and final answer to 4 decimal places. Omit the "tiny_mce_markerquot; sign in your response.)
Calculate the new compa-ratio for this individual after receiving the 7% pay increase. Calculate the new midpoint, minimum, and maximum as of January 1, 2014.
The average delivery requires about one hour in a delivery room. The average time in a combination labor-delivery room is about 24 hours.
Illustrate what, if any, are the major barriers to implementing a lean system at Copper Kettle Catering. Illustrate what would you recommend that Wayne also Janet Williams do to take advantage of lean concepts in operating CKC.
As a CEO, you are trying to acquire a foreign firm. The size of your firm will be double and it will become the largest in your industry. What does your firm do and what does the foreign firm you are trying to acquire do?
Compute net present value for each project. Which project should Jackson Company accept also explain why.
An office supplier produces desks and chairs. Each desk requires 4 units of wood, and each chair needs 3 units of wood. A desk contributes $40 to profit
Face-to-face meetings sometimes force work to be completed as an ancillary benefit of the social interaction
Elucidates why people are most important organizational supply, define their information as well as technology literacy challenges and discuss their ethical responsibilities.
ou have received a call from the manager of a firm where you helped set up a forecasting system. Illustrate what would you suggest.
The accumulation of cash balances in excess of those ordinarily required for the short-term needs of working capital
A customer joining the line selects a pizza by consulting the billboard, marks her selection on a customized form, and hands the form to one of several assemblers who produce the pizza.
Using your own experience also or resources, do you agree? Provide examples also supporting evidence from multiple sources to support your position.
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