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Johnson corporation has the following information about a product that it carries in stock: Average demand= 40 units per day Average lead time= 15 days Item unit cost= $55 for orders of less than 400 units Item unit cost= $50 for orders of 400 units or more Ordering cost=$30 Inventory carrying cost= 20%... The business year is 300 and the standard deviation of demand= 2.5 units and the standard deviation of lead time=1.5days, with desired service level= 97.5% A: What's the annual total acquisition cost of ordering at the price of $55 and $50?... B :What level of safety stock should Johnson maintain for the item? C:If Johnson chooses the ordering policy that results in the lowest total annual acquisition cost , and maintains the safety stock level for 97.5 percent service, what will Johnson's average inventory be for this item? D: what will the annual inventory turnover rate be for this item? E:what will the reorder point be for this item?
What actions can HR leaders take to ensure that the organization hires the right people and what might be some tools to accomplish this?
In need of cash, Adrien transfers the instrument for value by blank indorsement back to Jess. When told that Ben has left the country, Jess strikes out Ben's indorsement.
Illustrate what are determining factors that may lead to a decision to proceed with outsourcing. A gift shop sells 1000 boxes of scented candles a year.
A furniture company manufacture desk and chairs. . Given that the profit per chair is $50 and that of the desk is $100, determine the optimal production mix for the company.
Let's also take a look at some examples of organizations and their training programs. Take some time to research a few organizations of your choice on the Web.
Compute the economic production quantity. Compute the annual minimum total cost. How many working days does each production run take? What is the level of maximum inventory? What is the cycle time.
There has been a new surge of mergers and acquisitions (M and A) in the last several years. Why is this? In the past, why have so many not been successful?
Your agency has just signed a new client, LibraTech, that wants to introduce their new eReader into the marketplace in a way that will scare the competition.
Illustrate what methods can be used during problem formulation. Illustrate what is a problem statement. Explain how can a problem statement be formulated so which it is considerate of stakeholders.
What is Handis expected total procurement cost given the number of purchased options from part f?
Human resources has been asked to put a plan together in cooperation with the organization's other disciplines (finance or accounting, administration, operations, customer service, marketing, and so on) for a four percent staff reduction.
Describe a project selection process from either the literature or an organization of your choice. If it's from the literature, please submit the article; if it's an organization.
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