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A produce distributor uses 786 packing crates a month, which it purchases at a cost of $9 each. The manager has assigned an annual carrying cost of 35 percent of the purchase price per crate. Ordering costs are $27. Currently the manager orders once a month.
How much could the firm save annually in ordering and carrying costs by using the EOQ? (Round intermediate calculations and final answer to 2 decimal places.)
Savings $ per year
Do you think MNCs(multinational corporations) should be bound by the prevailing morality of their home country, or should they follow the practices of the host country? Are there special ethical standards that apply when business is conducted across ..
Explain the role of Corporate Social Responsibility in sourcing items? Explain how supplier development can be part of Corporate Social Responsibility.
Discuss synchronous manufacturing, it is said that one should focus on bottleneck resources and capacity-constrained resources. What is meant by each of these. Why do we concentrate on these particular resources as opposed to other ones?
What are the major problems used in secondary data sources, such as birth or death certificate data?
What is the maximum number of defectives allowed in the second sample for the lot to be accepted?
You are an HR genralist at Trendy Tech, a technology company in growth mode. Trendy Tech plans on diversifying their product offerings and expanding from their current 100 employees to 500 employees over the next several years. Assess what type of in..
In terms of civil liberty and criminal justice how has the U.S. Constitution remained durable and viable despite enormous social change during U.S. history? What is the philosophical core of the U.S. Constitution? What is the purpose of the Bill of R..
In your opinion, what is the most important factor a company should consider before engaging in international marketing?
Mobil Oil Corporation (Mobil) had its headquarters in Beaumont, Texas. It operated a fleet of eight oceangoing tankers that transported its petroleum products from Texas to ports on the East Coast. A typical trip on a tanker from Beaumont to New York..
If an employee requests a particular religious accommodation (wearing religiously significant clothing and/or jewelry, taking time to pray during the day, creating facilities for prayer, taking off a few hours during the day to celebrate a particular..
The maintenance and food service workers at Prestigious University are represented by the International Brotherhood of Teamsters Union.
He would like to earn 10% interest compounded quarterly on his investment because interest rates in the economy have risen since the bond was issued. How much should Sam be wiling to pay now for the bond? Draw a cash flow diagram.
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