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As Christmas is getting closer Bronco store also need to place an order for Christmas decorations. Specifically you are planning to order high quality glass ornaments. These ornaments are hand blown and the process takes a long time so you cannot place another order until Christmas. Each of these ornaments cost $20 but you can sell them at $40. Because of the high interest rates you only keep the Christmas decorations until Christmas and then sell them all to an online outlet website for $5 apiece. Assume the demand for the ornaments has a continuous uniform distribution between 50 and 150.
If you want to stick with the CEO's stock out rule how many ornaments should you order before the season?If you ignore the CEO's stock out rule how many ornaments should you order before the season?After showing the result of your calculations to the CEO, she agrees that for these certain items you can relax the stock out rule. But she also emphasizes that these calculations have been achieved by ignoring the goodwill cost. She believes that since people prefer to do all of their Christmas shopping in one place, for every ornament that you are in shortage you will incur a cost of $15 in revenue of other items. Considering this cost, how many ornaments should you order before the season?
How high should the goodwill cost be so that the CEO's stock out rule holds?
Recommend how an industry leader should search, select, implement, acquire, execute, launch, and sustain an innovative offering that is appropriate for the chosen industry. What can they learn from the adopting innovation?
You are part of a group of newly hired team superintendents with Riordan Manufacturing. Your group was hired to lead new teams and begin production of the newly designed CardiCare Valve heart valves.
If leader has been dealing with follower appropriately by using an S4 leadership style and follower suddenly begins operating at performance readiness level R3, illustrate what should leader do.
Assume that you are about to deposit $1,000 in a passbook savings account that pays an annual interest of 4 percent.
how much of the porfolio value in percentage you would have to invest in the zero-coupon bond, and how much in the perpetuity ?
They utilized 10 gallons of solvent and 2 employees worked 20 days per month, 8 hours per day. Illustrate what is their productivity with the standard equipment.
Computes critical ratios for subsequent activities also specify which activities are probably on targeting also which need to be investigated. Comment on every activity. Elucidate what is your overall interpretation of this result.
As you have seen in past units, the use of case analysis can be helpful when applying the concepts of leadership.
Clampitt presented a communication model for his first 2 approaches to communication as related to managers; Arrow & Circuit. What communication model best describes his Dance Approach? Why? (Must be 200 words)
suppose an operation has excess capacity (i.e., it is not a bottleneck) however the setup time between batches is not insignificant. Should process batches be large or small? What determines the size of a process batch?
Expected annual volumes expected to be shipped through three warehouses is forecast to be 20 million units through A, 100 million through B also 50 million through C. Utilizing centroid method, approximately illustrate what should coordinates of n..
Product contamination is a catastrophic event, both for the organization at fault and for the victims. Cases of product contamination frequently make the news.
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