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A produce distributor uses 750 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.)
Your in charge of a project at the local community center. The center needs to remodel one of the room in time for the start of a new program. Delays in the project mean that the center must rent other space at nearby church at additional cost.
Review the Bank and Hotel Perceptions figure. We see that the bank and hotel had business issues that advertising could address, namely awareness and consumer attitudes, respectively. If we make assumptions and simple calculations that a brand’s mark..
If you had been IS head at NIBCO, illustrate what approach would you have recommended also explain why.
Determine what is the most appropriate conflict-handling style(s). A radiologist on the staff of a large community hospital was stopped after a staff meeting by a colleague in internal medicine. How should the dean handle this conflict with the chair..
Items purchased from a vendor cost $40 each, and the forecast for the next year’s demand is 1,000 units. It costs $10 every time an order is placed and inventory held has a 5% cost of capital. What is the total average inventory holding cost for a ye..
What traits (that is, what attributes and characteristics), does the leader possess that you think make this leader effective. How would you describe this leaders' personality
Chief Draper has noticed that the behavior of many of his officers reflects a lack of understanding of many basic criminal justice concepts. Last week, he received a complaint about a patrol officer with ten years of experience on the force.
Discuss the differences between attributes and variables data. Describe concurrent engineering.
Compare and contrast Scientific Management and the Human Relations Movement. Describe examples of where each of these approaches is being successfully applied by management today.
Select a company that you believe uses its employees to achieve a competitive advantage. Discuss how the employees effectively execute the strategy and how the company can sustain this position over time.
Why are decision makers often incorrect? What are some ways individuals and organizations can improve their decision-making abilities? Site source
Comment on the project management profession what business areas contribute to the field of project management provide examples
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