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A mail-order house uses 15,010 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $96. The following price schedule applies. Number of Boxes Price per Box 1,000 to 1,999 $1.25 2,000 to 4,999 1.20 5,000 to 9,999 1.15 10,000 or more 1.10 a. Determine the optimal order quantity. (Round your answer to the nearest whole number.) Optimal order quantity boxes b. Determine the number of orders per year. (Round your answer to 2 decimal places.) Number of order per year
What are some of the advantages of the supply chain used in the Japanese auto industry before the March 11 earthquake and tsunami? What were some of its disadvantages?
What are the trends associated with the supply and demands of healthcare professionals in West Virginia? What strategies would you implement to attract and fill the gap with respect to critical care nurses, mental health professionals to include soci..
Illustrate what performance appraisal system would you develop for the secretaries if you were robbing Winchester? Defend your answer.
What aspects of HRM are you using, or have used, in your current or former jobs, If you do not have experience with HRM, does a career in Human Resource Management
Discuss the role of sensitivity analysis in LP. Under what circumstances is it needed and under what conditions do you think it is not necessary?
Identify the channel(s) of communication and why you selected that channel.
A small video store currently owns 9 copies of the DVD Im Number 4. Every day, 15 customers (on average) come to the store to rent this movie. If the movie is not on the shelf, they leave and go to a competing store without waiting. The average renta..
mr. vincent the manager of a large supermarket was taking a management course in the evening programme at the local
While developing x-bar and R charts, the manager took 10 samples each of size 6. The average of sample means was 3.2. The average range value was 0.6. What will be the value of UCL for the x-bar chart? a. 3.42 b. 3.47 c. 3.48 d. 3.49 e. None of the a..
What are the primary reasons for holding inventory?
Identify two types of budgets from the five budget types, Line-Item, PerformanceBased, Program, Lump-Sum, and ZeroBased.
Technology has changed the way we conduct business on a daily basis. A number of organizations have opted for integrating systems and sharing information with their counterparts.
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