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A produce distributor uses 740 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
How would you describe the context into which Carlos Ghosn was thrown when he was recruited in 1999 to turn around Nissan? How would you describe Ghosn's leadership style?
what steps have mangers at XeroX taken to effectively manage diversity? what are the consequences of these initlaives?
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Assume Poisson arrivals and exp1ntial service times. Illustrate what percentage of time is Judy idle. Explain how much time, on average; does a student spend waiting in line.
Can you separate workplace stress and personal non-work related stress? What would you say is the difference between anxiety, burnout, stress, and tension?
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