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The owner of Genuine Reproductions (GR), a company that manufactures reproduction furniture, is interested in measuring inventory effectiveness. Last year the cost of goods sold at GR was $4,500,000. The average inventory in dollars was $500,000. GR plans on increasing next year%u2019s sales by 10 percent while maintaining its same average inventory in dollars of $500,000.
a. Calculate the expected inventory turnover for next year.b. Calculate the expected weeks of supply.
They plan to use this production line ten hours a day in order to meet forecasted demand of 900 units per day. The subsequent table describes the tasks necessary to produce this product.
Buckeye Manufacturing expects to generate additional revenue from its recently won government contract. Buckeye forecasts that the revenue will be $40 million in the first year.
How does the marketing mix enable marketers to better serve their customers? How would you use the marketing mix to select a new product or service?
Harrison Clothiers' stock currently sells for $26.00 a share. It just paid a dividend of $2.25 a share (i.e., D0 = 2.25). The dividend is expected to grow at a constant rate of 7% a year.
What is the appropriate Cycle Time for eight hours of operating time per day and a desired output rate of 960 units per day?
A single pigeon has a 0.7 probability of arriving at the proper destination in a timely fashion. How many pigeons, each carrying an identical set of orders, must Grant send in order for him to have 98% confidence (reliability) that the orders reach G..
Elucidate what is the average cost per unit if the work force is maintained at a level so which overtime can be used to the maximum of 25% of regular hours during the peak period in period 5.
Sales (X, in millions of dollars) is related to Profits (Y, in hundreds of thousands of dollars) by regression equation Y = 8.21 + 0.76 X. Illustrate what is your forecast of profit for a store with sales of $40 million or $50 million.
Shirley Hopkins is developing a program in leadership training for middle managers. Shirley has listed a number of activities that must be completed before a training program of this nature could be conducted. Illustrate what is slack time for eac..
What potential causes of poor decision making existed at WorldCom during Bernard Ebbers' administration? What might have happened if Ebbers had been prone to a different conflict-handling style, such as compromise or collaboration?
Quantitative Analysis for decision making class
Densepack company produces disk drives for mainframe computers. The following information is given for optimizing their workforce level: Planning Horizon: 6 month
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