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A large bakery buys flour in 35 pound bags and uses an average of 1,315 per quarter. Preparing an order and receiving a shipment of flour involves a cost of $11/order. Annual carrying costs are $85/bag. Determine the economic order quantity, average number of bags on hand, the number of orders in a year, the total combined costs of ordering and carrying flour. Also, if ordering costs were increased by $2/order, how would this affect the total annual cost?
According to your text, the generation and introduction of new health care policies are often the result of:
Cignet Plastics Corporation is a contract plastics die-casting house serving a wide range of clients. Over the years, Cignet has been a favored supplier of precision die castings for a major producer of model airplane kits. He wants you to change the..
What you write for social media needs to be bulletproof. Most social network sites provide a feedback mechanism for users to comment on what others write, so writing that has inaccuracies or that is persuasive without being grounded in fact may be qu..
You have been appointed CEO of Procter & Gamble, which owns many businesses ranging from laundry detergents to shaving products, skin care products, hair care products, dental products, and perfumes. Your VP of strategic planning has asked for your a..
Where do you think this salary negotiation will end up? Why?
what you think should be included in a future reform of the health care system, focusing on financial operating changes
You are working as a data analyst for the Excellent Consulting Group. Your client, Buddy’s Floor Barn, wants to analyze how they are doing in their 18 locations in four regions across their 10 product lines over the last 3 quarters
Tom Jones, the mechanic at Golden Muffler Shop, is able to install new mufflers at an average rate of 3 per hour (or about 1 every 20 minutes).
Develop a minimum cost schedule (of start-times and 2hr and 3hr shift assignments) for the part-time employees? What is the daily labor expense for part-time employees?
Management wants to change the safety stock of dehydrated water to be 1.25 pounds. This item has a standard deviation during the lead time of 1.5 pounds with an average of 64.3 pounds maintained in inventory. Calculate the percentage of time that you..
Established airlines are cutting calls to compete with the increasing number of budget airline yet it is unlikely that they will ever match the cost of south with Ryan now are in air Asia which of any other strategies outlined in the chapter offer th..
Describe at least three examples of how innovative supply chain management practices have contributed to this company's success.
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