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A produce distributor uses 710 packing crates a month, which it purchases at a cost of $10 each. The manager has assigned an annual carrying cost of 35 percent of the purchase price per crate. Ordering costs are $28. Currently the manager orders once a month. How much could the firm save annually in ordering and carrying costs by using the EOQ? (Round intermediate calculations and final answer to 2 decimal places. Omit the "$" sign in your response.) Savings $ per year
Analyze the six steps involved in the rational decision-making process to determine which is the most difficult to execute correctly. Make at least two recommendations for addressing the difficulty you chose.
Are there any risks associated with the globalization of health care? Can these risks be mitigated? How.
Analyze the steps involved in developing a strategic plan for a company and determine which step is the most difficult to get right. Explain your rationale.
Also here's what the professor said about activity one: Overall good topic however it is critical to quantify both the gap and the performance targets and to reflect the $ impact
The goal is to choose a design that maximizes the expected profit at a typical restaurant over a 300-day period. Designs K1, K2, and K3 cost $100 000, $130 000, and $180 000 respectively.
Ben would like to use an inventory system which minimizes inventory cost also will satisfy 95 percent of his customers who order this wine. Illustrate what is economic order quantity for Ben to order.
Why is some knowledge of accounting necessary to succeed in business? Provide examples.
First Amendment: The town of Homesdale passes an ordinance that requires all retail establishments to remain closed on Christmas Day. Several groups sue, arguing that the ordinance is unconstitutional. Does the ordiance violate the First Amendment of..
Describe how you would use Situational Leadership to diagnose the situation and identify the appropriate leadership style?
What are other types of opening "offers" that have nothing to do with money but that still set the tone for the negotiation. How can you use various types of openings to your advantage
So you have implemented teams and the project is now complete at your workplace. As the team leader, what factors need to be considered to determine if the project/task was "successful"? Furthermore, how do you determine the "proper way" to evaluate ..
Sustainability and the environment have captured the attention of ordinary citizens and also of shippers and carriers. What is the nature of the concern? How can shippers and carriers mitigate their impact on the environment?
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