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A computer-supply mail order house has a memory chip in inventory that it sells to customers around the country. A Japanese manufacturer supplies the item using airfreight. It has the following characteristics: Average annual demand = 3,200 Replenishment lead time = 1.5 weeks Carrying cost = 15% per year Purchase price, delivered = $55 per unit Procurement ordering cost = $35 per order a. Design a reorder point method of control for this item. b. What are the annual ordering and annual carrying costs if your design is used? c. Suppose that the lead time stretches to three weeks, so that the ROP>Q*. What adjustments would you suggest making in the control policy?
Estimate the full cost to Hayward for sourcing and stocking FSC Lumber. How does this compare to the full cost for non-certified lumber?
Required where does this program fit in Harley-Davidson value chain. From a value chain perspective, explain how does Rider's Edge program at Harley-Davidson support firm's strategy.
Calculate the multifactor productivity for this operation in fees generated per dollar of input
Which of these is a basic activity of strategy evaluation?
Would a Fixed Order Quantity System or a Fixed Time Period System be preferable for A-class items? Why
Describe what the term data redundancy means in database design. Explain if it is bad and if a normalized database design is always the best design.
Jocelyn has little interest in sales or management but would like to invest a large sum of money that she has inherited from her aunt. What factors should Jorge, Marta, and Jocelyn consider in deciding which form of business organization to adopt.
Assume that it takes Steve10 minutes to leave work and walk to LHS and 10 minutes to walk back (i.e. each way of the walk takes 10 minutes). How long (in minutes) will he need to leave work for to get a haircut at LHS?
The organization needs to describe the number of chairs also table to produce each day in order to maximize profit. Formulate a linear programming model for this problem.
Jerry Smith is thinking about opening a bicycle shop in his hometown. Jerry loves to take his own bike on 50-mile trips with his friends, but he believes that any small business should be started only if there is a good chance of making a profit.
What things must we keep in mind when writing an email versus speaking with someone face-to-face
current limiting resistor. It is known that each resistor has power dissipation of 18.8 mW in this circuit. Determine:
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