How are small businesses benefiting from today technology

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Reference no: EM132147602

1. What is telephone tag, and how can it be avoided or reduced?

2. How are small businesses benefiting from today’s technology?

3. A supermarket stocks Hostess Cakes. The demand for these cakes is 6,000 boxes per year (365 days). It costs the store $100 per order, and $0.75 per box per year to keep the cakes in stock. Lead time is 4 days. Determine the following:

1. The EOQ.

2. The average inventory

3. The optimal number of orders per year.

4. The annual cost of ordering and holding inventory.

5. The Reorder point.

Reference no: EM132147602

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