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The Steele Bike Company assembles bicycles for a major retail toy outlet. The main purchase is bicycle frames for making these bicycles. Dan Steele, the owner, wants to locate a low-cost supplier for the frames used in this assembly operation. The supplier will be selected based on total annual cost to supply Steele's needs. Annual requirements are for 100,500 frames, and the company operates 250 days a year. Two suppliers, Acme and State, have quoted the same price for the frames, but quantities, lead times and shipping costs are considerably different. The following data are available for the two suppliers. What are the annual material costs for Acme?
(Please show the work in the formula....not excel sheet)
The society which has the most entrepreneurs usually emerges as the most successful society. This is because an entrepreneur is an individual who is creative, dynamic and innovative. Examine any five contributions that an entrepreneur is able to offe..
from a sample of 400 people who were asked if they were in favor of a proposition to ban smoking in restaurants, 320 responded yes. develop a 98% confidence interval using the sample.
In what ways is creating the project schedule a challenge in multi-project organizations? What does the project manager do to overcome this challenge?
Bob has worked for Acme, Inc. for 10 years. During the entire period of Bob’s employment, his performance had never been formally evaluated or criticized; he was never denied a raise or bonus. The company was doing extremely well, constantly hiring n..
For a successful market segmentation, one marketing mix cannot be used for another market segment.
How can the SWEATT Model be used to guide leadership decision-making and organizational behavior? How is this linked to the Wisdom to Tradition model?
State three skills that are important for success in human resource management. Support your response to include an example of one of the skills that is important for success in human resource management.
In the basic EOQ model, if the cost of placing an order doubles, and all other values remain constant, will the EOQ value increase or decrease and by what percentage? A product has a demand of 4000 units per year. Ordering cost is $20, and holding co..
A company manufactures cars and trucks. Each vehicle must be processed in the paint shop and body assembly shop. If the paint shop were only painting trucks then 40 per day could be painted. Formulate the problem to determine a daily production sched..
Consider this situation: A manager is contemplating making changes to a single-server system that are expected to double the service rate, while still having just one server. What are some managerial implications of your analysis
Describe B2B technologies also applications also ways B2C can use technology to utilize e-business strategies.
Using one of the theories on motivation, describe how you would motivate an employee who is not being productive and does not display the drive to move forward?
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