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A store stocks beer mugs and the demand for these beer mugs is 10,200 per year. It costs $120 per order of the mugs and it costs $1.35 per mug per year to keep the mugs in stock. Once an order is placed, it takes seven days to receive the order from the distributor. Determine the following:
a. Optimal order size
b. Minimum total annual inventory cost
c. Reorder point
A manager who encourages initiative by reminding employees that their failure means organizational failure should do something different. What should he do?
What is the role of technology in corporate performance. Are there any significant differences when statements are calculated in constant versus reported dollars.
Using visual inspection standards and traditional methods, some 100 defects are located in a large batch of product. What is the best estimate of the total number of defects in the product before inspection?
while making a telephone request for an interview if you sense that it is not a good time to talk with the person whom you have called, you should, which communication form or feature has the most effect during your interview
Functional Approach- The functional structure is the most commonly used by most businesses. It’s a top-down flowchart with a high ranking executive at the top, with multiple middle managers – such as the human resources, marketing, accounting and eng..
For your initial post, compare and contrast Hofstede’s dimensions of culture, GLOBE cultural dimensions, and Trompenaars' value dimensions. Describe the managerial implications of each set and which you would prefer to use if you were a manager of a ..
Identify at least three indicators of whether a company's present strategy is working well. Obviously your Baldrige Case Study company's strategy is working well. What three indicators tell them that?
your company sells widgets this is not important that weigh 25 pounds each and you palletize them into lots of 750
M. Cotteleer Electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances.
Propose the method you would use, if you were the hiring manager, to determine the compensation an employee deserves
Identify appropriate metrics for both the order entry process and the overall order fulfillment process for MHI. Use process thinking to re-engineer the order entry process
You are an independent consultant, hired by the Vice President of Construction, American International Automotive Industries (AIAI). Review Case Problem S7-1. Conduct an appropriate quantitative analysis and provide the vice president with a decision..
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