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Q. An item has a setup cost of $100 and a weekly holding cost of $0.50 per unit. Given the subsequent net requirements, illustrate what should the lot sizes be using lot-for-lot (L4L), economic order quantity (EQQ) and least total cost (LTC)? Also, illustrate what is the total cost associated with each lot-sizing technique?Period (in weeks) 1 2 3 4 5 6 7 8 TotalGross Requirement 10 30 10 50 20 40 50 30
Calculate the labour productivity of the line. The manager at Riverside changed the layout and was able to increase production to 180 units per 8-hour shift. Illustrate what is the new labour productivity per labour-hour.
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Runyon was prepared to sign a two-year agreement with Barnett Corp. to develop Barnett's sales representative for a three-state area. LA Prise who needs to be the representative for that area threatens Runyon with bodily damage if he takes the pos..
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