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A shop that makes candles offers a scented candle, which has a monthly demand of 360 boxes. Candles can be produced at a rate of 36 boxes per day. The shop operates 20 days a month. Assume that demand is uniform throughout the month. Setup cost is $60 for a production run, and holding cost is $2 per box per month. Determine the following:
A) the economic run size
B) the maximum inventory (I-max)
C) the run time in days
Following the Activity On Node system conduct a grocery store run. Use circles with numbers and list what each step is. Add times, total process time, and identify the bottleneck.
The essay by Donald Marquis provides an argument against abortion based on the loss to the fetus of its' future. On the surface, causing loss of future would appear to have the same meaning as killing, but Marquis defines it differently
Describe the differences between an offensive and defensive positioning strategy in full descriptive detail. Provide an application example.
Think of your primary place of employment. What type of business applications may qualify as good candidates to modeling them as linear programming problems? As you answer this question, think of the decision variables, objective function, and any re..
In forecasting future revenues for Ford Motor, Arroyo chose to rely on the 15 year growth rate historically, while Duren looked at the 2 year historical growth. Each person might have a (different) error. Discuss briefly what issues you see with each..
create the project schedule network. Then use the two pass mehtod, calculate and show the early and late starts and slack for each activity and critical path. Create a table similiar to the one below and create the network diagram.
Summarize the action steps of your plan in the order in which you intend to accomplish them. You will describe how each action step supports your development goals and how each of the steps relates to and builds upon one another.
What are the benefits and disadvantages of free international trade for the United States? Illustrate your answer with examples.
What are four safeguards that the ERISA legislation specified to address the many obstacles employees faced with pension plan funding?
Satisfactorily analyzed two (2) global corporate citizenship efforts of the original company you selected, and satisfactorily assessed the extent to which these efforts are effective in accomplishing the company's goals.
Environmental considerations, material losses, and waste disposal can be included in the EOQ model to improve inventory-management decisions. Assume that the annual demand for an industrial chemical is 1,200lb, item cost is $5/lb, order cost is $40, ..
Describe how the components of the Hawthorne study are incorporated in current human resource functions? What was the main idea behind this study?
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