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Michael Traci, the new inventory manager at Magyar Golf Supplies, is considering using the economic order quantity for controlling inventory. He wants you to apply the EOQ to a sample product, the Super?Z Wedge. The Super?Z Wedge has an average demand of 30 units/period with an ordering cost of $30/order. The cost of carrying a Super?Z Wedge in inventory is $2.00/unit/period. No safety stock is carried for this item. a. Calculate the economic order quantity. b. Calculate the average cycle stock for this item using the order quantity in part a. c. Assuming there are 12 periods per year, calculate total cost per year.
Assume that the pool of utilized textbooks grows further during the second year of the latest edition
Why is monitoring and controlling the project cost important for the success of the project.
what happened to the overall price level. Explain how might you construct a measure of the change in the price level.
The demand for MICHTEC's products is related to the state of the economy.
Explain how will this trade affect incomes of capital owners and workers in wool industry in Australia. Apply your knowledge of an appropriate framework to illustrate this.
Compute the net present value using the numbers provided. Assume that annual cash flows occur at the end of the year.
Was she calls her company's distribution manager and requests a special delivery for her customer. Jenny is providing the important marketing function of.
Illustrate what is the equilibrium number of video arcades. Show how you arrived at your answer.
Price ceiling is the law that sets a maximum price below the equilibrium market price, but a price floor is the law that sets a maximum price above the market equilibrium price.
Set up an Edgeworth Box to depict this situation and elucidate why the situation is unlikely to be Pareto efficient.
If you match up pairs of buyers and sellers so as to maximize the total surplus of all transactions, what is the largest total surplus that can be achieved.
You're the manager of xyz inc. also must decide Elucidate how much output to maximize your firm's profit.
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