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Shoes R Us is a local shoe store located in Camden. Annual demand for a popular sandal is 1,000 pairs of sandals, and Gary Cole, the owner of Shoes R Us, has been in the habit of ordering 200 pairs of sandals at a time. Gary estimates that the ordering cost is $20 per order. The cost of a pair of sandals is $10.
(a) For Gary's ordering policy to be correct, what would the carrying cost have to be as a percentage of the unit cost?
(b) If the carrying cost were 20% of the unit cost, what would be the optimal order quantity?
The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.
Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..
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Prepare a major handout on the key principles of instructional leadership
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