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A jewelry firm buys semiprecious stones to make bracelets and rings. The supplier charges $20 per stone, annual carrying costs are 50%, and the cost of processing orders is $40. The jewelry firm operates 200 days per year and their usage rate is 36 stones per day.a. Determine the economic order quantity.b. Compute the total cost of ordering and carrying semiprecious stones.
Each criterion was also weighted to indicate its importance (i.e., the higher the weight, the more important). The list of ratings and weights follows.Based on weighted scores, where should this company locate its facility?
ind out the raw materials inputs, machinery and equipment, methods and level of production technology used. Find out the equipment used and how equipment are maintained.
When the partnership is dissolved, its assets are $50,000, and its debts are $8,000. How should the assets be distributed? Be very specific as to the order of who gets paid what amounts when and why.
Give examples of a pair of companies in an industry that pursue different types of business models? Explain the business models and how they differ.
Based on what you discovered in the e-Activity, discuss how managers could best leverage the Federal Registry's Website. Provide specific examples to support your response
Considering the wide-range of government and private grants that you could pursue, which would you see as most advantageous to obtain?
Explain the elements of valid contract, and describe how consumers and banks each have a duty of good faith and fair dealing in the banking relationship.
Compute raw material price also usage (quantity) variance also direct labour quantity variance for Milton Industries' key product. Illustrate what is maximum number of application per hour which can be handled by present configuration of process.
A portable lunch wagon is to be located along the main aisle of an industrial plant. The vendor wishes to locate the wagon so that the total walking distance for his customers is minimized.
A manufacturer uses a purchase part whose demand over any time period of length t (in years) can assume to be normally distributed with mean 200t and variance 400t.
Which generic strategy would you recommend for Hibbett Sports? Develop a brief strategic proposal for the firm and explain why you have made the choices you have made .
there are four critical success factors that are important for effective risk management,supportive organization, compent people, appropriate methods, tools and techniques, and simple, scalable process.
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