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A produce distributor uses 700 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
The warehouse manager and his staff have been very impressed with your presentation thus far. They are very interested in applying more of your recommendations to their department. They have asked for you to provide them with a few examples of inv..
Some examples of information systems are travel reservations, customer relations management, payroll and social networking. Give an example for each part of the Information system which is data, procedure, people, and technology.
With the evolution of mobile communications (e.g. smartphones and tablet computers) and warehouse automation and MHE, consider what warehouse job roles and tasks will exist in the future. How will they differ from today?
Identify potential quality concerns in the traditional areas of machinery, employees, measurements, and materials. Organize these quality concerns using a cause-and-effect diagram
Up to this point you seem to have had excellent rapport with Kevin Cahoon the owner of a musical instrumental manufacturing company. It takes some effort to educate users about data flow diagrams. Is it worthwhile to share them with users? Why or why..
What are the various sources of pressure on a business to act socially responsible?
Explain briefly how each of the following transactions would affect a company’s balance sheet. Remember, assets must equal liabilities plus owners’ equity before and after the transaction.
For many companies, change is a constant thing. A company that can smoothly navigate organization change is one that is more nimble and better able to meet market demands for products. In this assignment, you will develop a change management plan ..
You are to seek out an organization ( Boston Logan airport) that needs a public relations campaign, either for a specific event or for the organization itself. What is /are the objectives and goals of the campaign at boston logan airport. What is/are..
in a single period model if shortage cost is four times excess cost then the optimum service level is what percent?
The textbook reading for this module presents the idea of the "big company/small company hybrid." In what instances is this tool effective for merging strategic and structural fit? Why?
Here's the scenario on which this discussion will be based: You have just been hired to work in a start-up international company that is Miami-based. You are on the company development team to help determine which software to purchase for doing day-t..
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