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Demand for an item is constant at 1,000 units a year. Unit cost is £50, reorder cost is £100, holding cost is 25 per cent of value a year and no shortages are allowed. Describe an optimal inventory policy for the item. What order size will give a variable cost within 10 per cent of optimal? What is the cost if suppliers only make deliveries of 200 units?
a small candy shop is preparing for the holiday season. the owner must decide how many bags of deluxe and how many bags
Bags of tea are sampled to ensure proper weight. Overall average for the samples is 8 ounces. Each sample contains 10 bags. Average range is 0.1 ounces. What is the lower limit of the average chart?
Why is organic design more likely to be quicker and flexible in adapting to change than a mechanistic design.
Discuss some (at least two) of the consumer protection laws that exist in the United States. What areas do the Department for Consumer Protection cover and discuss the pros and cons for the establishment of this agency.
Explain the process of generating and selecting topics for your research proposal. What is the difference between the research paper, research proposal, and term paper?
What are packets and routers? What is an IP address? Describe the advantages of private and public IP addresses.
What is the upper control limit, what is the upper control limit for the x-bar chart and what is the upper control limit for the R chart?
determine the three-sigma control limits for defects per shirt. b. Suppose that the next shirt has 13 flaws. What can you say about the process now?
At maximum operator speed how long will it take each device to come off the test line? How many devices can you test completely in a 1 hour shift?
Compute the multifactor productivity under each system. Use carts per dollar cost (labor plus equipment) as the measure. (Round your answers to 2 decimal places.
Be sure to include how you would determine the price of the product, distribution channels, promotions, and campaign evaluation points
How is the security of a firm's information system and data affected by its people, organization, and technology? Is the contribution of one
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