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1. The supply chain manager at Bob’s Screws and Nuts is trying to determine the best order policy based on his supplier’s pricing. If he orders between 500 and 1000 screws they will cost $3.50. It costs him $75 to process each order. His annual demand is 5,500 screws. He has a 30% inventory carrying cost. Determine his EOQ.
2. Support or contradict this statement: “Given the realities of today’s economy and the rapid changes occurring in business technology, all competitive advantages are short lived. There is no such thing as a sustainable competitive advantage that lasts over the long term.” Defend your position.
Should the law allow someone that becomes voluntarily incapacitated through intoxication or other means escape from a contractual obligation
A firm had the following annual data: COGS = $1,265M; Raw material used = $500M. Based on this data, can we calculate the weeks of supply of raw material although the average aggregate inventory value for raw material is not given?
Preliminary plans are underway for construction of a new stadium for a major league baseball team. City officials question the number and profitability of the luxury corporate boxes planned for the upper deck of the stadium. What is the breakeven poi..
Research how operations management changed over the past 100 years, current technology and future trends.
Explain how a teacher’s personal beliefs and values affect the classroom climate,
Albert Einstein is quoted as saying the most powerful force in the universe is compound interest.
Shotcrete also has three (3) construction projects about to get underway in Nashville, New Orleans and Boston.
You have taken a long position in a futures contract on corn at $2.60 per bushel. Over the next 5 days the contract settled at 2.52, 2.57, 2.62, 2.68, and 2.70. You then decide to reverse your position in the futures market on the fifth day at close...
In 1999, a Seattle man took a popular soft-drink company seriously when one of its commercials made an offer of a Harrier jet,
The Final Paper will involve applying the concepts learned in class to an analysis of a company using data from its annual report.
Select a business forecasting technique (qualitative or quantitative) for the electric fans and describe the forecasting process to be used at Riordan. Create a sales forecast for electric fans using selected techniques
Jim is a CFO of a mid-sized construction company. One of his key tasks is to ensure that the company has sufficient cash to pay its daily and hourly workers who are hired whenever need arises. The company operates all 365 days a year and Jim estimate..
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