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Mike Brauer uses 4,000 per year of a certain subassembly that has an annual holding cost of $0.10 per unit. Each order placed costs Mike $2.00. Mike Operates 200 dates per year and has found that an order must be placed with his supplier 3 working days before he can reveive that order. For this subassembly, find (a) the economic order quantity. (b) the average inventory level. (c) the optimal number of orders per year. (d) the optimal number of days between 2 orders. (e) the total annual cost (carrying cost + ordering cost). (f) the reorder point
Illustrate what is advantages of balanced scorecard approach also elucidate how is differ from traditional approach.
Explain reasons why life expectancy and good health continue to increase in some parts of world and fail to improve in others. What best practices can be applied to those areas of the world failing to gain improvements in life expectancy and good hea..
What is the difference between these two questions pertaining to workstations? I am given the tasks to make a precedence diagram and this, assume a production target of 240 units per 9 hour day. What is the efficiency of the line if the line is run a..
Finding solutions to problems is not always as easy as it seems. Brainstorming—or coming up with ideas using critical and creative thinking—is a great way to find different solutions to problems. Which one of the six habits that hinder thinking do yo..
You will write your first paper in three parts as a narrative (not outline) in which you discuss your business and the country you would like it to enter. Do not select a real company (such as Nike), and be sure to do some preliminary research on ..
Design specifications require that a key dimension on a product measure 104 ± 12 units. A process being considered for producing this product has a standard deviation of three units. a. What can you say (quantitatively) regarding the process capabili..
Assume that an office switchboard has five telephone lines. The time that a call arrives on each line is an exponential random variable with parameter Lambda. Calls arrive independently on the lines. Show that the time of arrival of the first call (i..
Develop a production plan and calculate the annual cost for a firm whose demand forecast is fall, 10,000; winter, 8,000; spring, 7,000; summer, 12,000.
Complete a load-distance (LD) analysis for the preliminary layout by assigning a load of 15 feet for each room-to-adjacent-room movement (assume there is a door between all adjacent rooms).
Discuss whether or not you believe there is a compelling public need for legislatures to enact laws that define police powers in order to prevent the use of excessive force. Provide a rationale to support your response.
A discussion of the types of secondary data you could use to test your hypothesis, and why this data would be useful. If secondary data would not be appropriate, please explain why.
Rick wing has a repetitive manufacturing plant producing automobile steering wheels, use the following date to prepare for a reduce lots size , the firm uses a work year of 295 days ; Find the setup cost and setup time
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