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A large law firm uses an average of 40 boxes of copier paper a day. The firm operates 260 days a year. Storage and handling costs for the paper are $30 a year per box, and it costs approximately $60 to order and receive a shipment of paper.
Re-solve the previous problem, the first two parts (What order size would minimize the sum of annual ordering and carrying costs? Compute the total annual cost using your order size), under a $10 fixed cost of ordering (S). Repeat for S = 20, 30, 40, . . . , 100.
Explain in a short paragraph or two, what happens to the optimal order quantity, the time between orders, and the average inventory as S decreases.
What is the philosophy of care in assisted living? How does this differ from other housing options, such as independent living and continuing care retirement communities?
How would you classify the office superstore industry? Who are the competitors? What are the characteristics of this industry that lead to this conclusion?
What is the international quality management standard for quality management and assurance that is primarily concerned with quality of air, water, and soil
A comprehensive safety assessment report contains both testing and hazard analysis. What types of safety testing would be performed on commercial aircraft to identify any design-oriented hazards?
AirBnB and similar companies were able to understand where consumers congregate and how to reach them. How would you do this with your own online business to attract consumers?
Write a summary reflecting what is happening in production & distribution and quality control slides. The Forecast summary must incorporate those two slides
Define quality in your own words. Considering your definition and the materials you reviewed this module, why is quality so important to an organization? Find an example of a company that has experienced a quality problem and describe the situation a..
Under what kinds of circumstances might an organization wish to use control limits of 2 standard deviations or even 1 standard deviation?
The value chain priorities can be quite different for firms taking different business strategies. Create examples of value chains for three firms: one using cost leadership, another using differentiation, and a third using an integration business-..
How does multi client warehousing mix attributes of public and contract warehousing? What are some potential non storage space needs that might impact warehousing design?
Research your chosen country to determine if there are any cultural, political, or ethical norms a company expanding into this country would need to consider.
Given the advantages of international diversification, why do some firms choose not to expand internationally? Ventures in foreign countries without strong contract law are more risky, because managers may be subjected to bribery attempts once their ..
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