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A chemical firm produces sodium n 100-pounds bags. Demand for this product is 25 tons per day. The capacity to produce the product is 75 tons per day. Setup costs $1500.00 and storage and handling costs are 55 per ton per year. The firm operates 300 days a year.(note: one ton is 2000 pounds) How many bags per run are optimal? What would the average inventory for this. Determine the approximate length of a production run in days. About how many runs per year would there be?
Edwards Engineering has a new injection system for your countertop production line. Your process engineering department has conducted experiments and determined that the mean is 8.01 grams with a standard deviation of 0.03
Explain how should your team use dynamic pricing in next two years to increase revenue. Explain how would you communicate your answers to questions #1 also #2 to your fans also ticket buyers.
What is the average amount of safety stock for the reorder point in (a)? What are the total variable weekly costs including safety stock costs?
A local market research firm has just won a contract for several thousand small projects involving data gathering and statistical analysis. In the past, the firm has assigned each project to a single member of its highly-trained professional staff.
What is the chocolate raw material safety stock Christian needs to hold? What is the expected inventory level for the chocolate raw material?
Discuss some possible clues that might tip off a manager that an employee may be initiating IP theft
In the judgment of Deedee's superiors she has "topped out" and will not be qualified for further advancement. Which of the following statements is most appropriate for Deedee's situation.
Determine optimal use of Applichem's plant capacity using solver in excel. Illustrate what would you recommend which Applichem management do.
As human resources (HR) director for an oil company, you are responsible for selecting 15 expatriates to go to work in Iraq for a five-year term. However, you are personally concerned about their safety
With respect to the product decision, managers must be able to accept risk and tolerate failure. Why did the LRC decide that RAs and CDAs were employees. Do you agree with the LRC decision.
Calculate the appropriate loan table, showing the breakdown in each year between principal and interest
Describe the target market in the United States, including customer demographics and income levels. Describe the competition the product would face in the United States and how you would create a competitive advantage. Name at least two competitors..
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