Dress code for campbellsville university staff and faculty

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Reference no: EM132248089

1. Your out-of-the-way Starbucks buys espresso coffee beans in 25 pound bags; your growth has increased the need to an average of 870 bags per year. Preparing an order and receiving each bag costs $2.85 per order. Annual carrying costs are $0.40 per bag. What will be their total cost of ordering and carrying the coffee? (Include the pennies in your answer)

2. You are called upon to improve the purchasing productivity and have decided to investigate the quantities being ordered of a Class "A" item in your inventory. The average consumption is 48000 units per year. The average holding cost per unit is $1.25 per year. The buyer says that she processes 750 purchase orders per year; her average pay is $42650 per year. What is the EOQ for this raw material? (Your answer should be in whole units)

3. Hypothetically speaking, you are assigned to a committee of three to decide on a dress code for Campbellsville University Staff and Faculty. Only two of the three votes are required to pass this policy. In this situation you are one of the two agreeing to a dress code. What steps might you take to gain the cooperation of the third party after the policy has been initiated. 400 words minimum.

Reference no: EM132248089

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