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The weekly requirement of a part is 5910 units. The order cost is $260 per order. The holding cost is $11 per unit per year, and the part cost is $850 per unit. The firm operates fifty-two weeks per year. 1. Calculate the following - Economic order quantity, annual holding cost, annual order cost and the annual purchase cost, and inventory turns per year 2. Suppose the firm is currently ordering once every six weeks. How much can the company save per year by using economic order quantity instead of ordering once every six weeks?
Compare the operational strategies of Ryanair in a full-service airlines such as British airways or KLM.
Assuming these companies compete within same industry also have identical sales; explain impact of changes in sales volume on both firms' profits.
Social media marketing: How linkedin is best used for business? What are the analytics and what do they tell us about Linkedin?
After raising four children and operating a local diner in Clarksburg, West Virginia for nearly forty years, the Hastings retired in an attempt to finally enjoy life. One of their dreams is to travel through Great Britain and Ireland, the mother coun..
Assume you accepted a transfer with your company to move overseas as a manager within the company's new international division.
Assume that there is no initial inventory and a forecasted demand of 1,250 units in each of the 3 months. Carrying cost is $1 per unit per month. Solve this aggregate planning problem using the linear programming transportation method.
Set up the Transportation Table, model for this problem, use NW corner, Least cost, and Vogel methods to find the initial feasible solutions and what is the optimum solution
Which of these is a determinant of entry, according to Porter?
1 what is strategic management? describe the strategic management process in a company with which you are familiar?2
A company produces two products, A and B, which have profits of $9 and $7, respectively. What is the sensitivity ranges for the objective function coefficients? Determine the shadow prices for additional hours of production time on line 1 and line 2 ..
“The shortest total length of a project is determined by the longest path through the network.” Explain the concept behind this statement. Why does the longest path determine the shortest project length?
If you know that exchanging gifts is not encouraged at your company, would you accept these gifts, even if you have an employee who continues to bring you gifts on your birthday, holiday and boss's day? explain in detail
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