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Garden Variety Flower Shop uses 760 clay pots a month. The pots are purchased at $2 each. Annual carrying costs per pot are estimated to be 30 percent of cost, and ordering costs are $20 per order. The manager has been using an order size of 1,500 flower pots.a. What additional annual cost is the shop incurring by staying with this order size? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "tiny_mce_markerquot; sign in your response.)Additional Annual Cost=___________b. Other than cost savings, what benefit would using the optimal order quantity yield? (Round your answer to the nearest whole percent. Omit the "%" sign in your response.)
Marty's Barber Shop has one barber. Customers have an arrival rate of 2.9 customers per hour, and haircuts are given with a service rate of 4 per hour.
calculate the dividend yield, the capital-gain yield, and the total return to the stock. Express your calculations in percentage terms.
Illustrate what types for hr change could have affected reductions in workers compensation expenses, employee's turnover, also increases in customer satisfaction.
Which stage of the product life cycle would you place smart phones in, and why would you so place them? Which stage of the product life cycle would you place DVD players in and why would you so place them?
A project has the activities and activity times (days) listed below. Determine the probability that the project will require less than 15 days from start to finish.
Job shop makes products in batches ranging from 1 unit to 1 hundred units. Assuming capacity is not a limitation on either machine, on which batches should Machine Center B be used.
many businesses operate and compete in a global environment. Describe the additional factors that affect/impact global supply chains.
Why did Auto systems decide to install Active Entry system. Why did they feel it necessary to integrate it with their TRANS4M ERP system.
Which decision making tool would be used in identifying possible causes for a problem?
What things must we keep in mind when writing an email versus speaking with someone face-to-face
Peter's Paper Clips uses a three-stage production process: cutting wire to prescribed lengths, inner bending, and outer bending. The cutting process can produce at a rate of 150 pieces per minute.
A wine company's daily demand is normally distributed with a mean of 18 bottles, and a standard deviation of 4 bottles. This company checks their winery's stock every 30 days.
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