How important is vision in your current or intended career

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1. How do you define vision? What are examples of vision from your own life? How important is vision in your current or intended career? How does (or would) it impact your performance? What are your visions for the future? Where do you want to be in five years? Ten? How can a person develop vision?

2. Sam's Auto Shop services and repairs a particular brand of foreign automobiles. Sam uses oil filters throughout the year. The shop operates 52 weeks per year and weekly demand is 150 filters. Sam estimates that it costs $20 to place an order and his annual holding cost rate is $3 per oil filter. Currently Sam orders in quantities of 650 filters. If lead time is 3 weeks, what is Sam's economic order quantity and reorder point?

Reference no: EM132217699

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