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A manager just received a new price list from a supplier. It will now cost $1.00 a box for order quantities of 801 or more boxes, $1.10 a box for 200 to 800 boxes, and $1.20 a box for smaller quantities. Ordering cost is $80 per order and carrying costs are $10 per box a year. The firm uses 3,600 boxes a year. The manager has suggested a “round number” order size of 800 boxes. The manager’s rationale is that with a U-shaped cost curve that is fairly flat at its minimum, the difference in total annual cost between 800 and 801 units would be small anyway. What order size would you recommend? (Round intermediate calculations to 2 decimal places and final answer to the nearest whole number.)
Recommended order size: _________
Name a company (other than those already discussed in this course) that you are familiar with or has been in news that seems to have a strong corporate cultures. Describe the type of culture it is, and the impact the culture has on the organization ..
what are the inputs processing and outputs of ups's package tracking systems?
Provide information about what the company sells, and describe both tangible and intangible elements of the product. Be sure you can distinguish the "core" product the company really sells as well as "facilitating" and "support" products.
Provide examples of each of the eight types of waste described in this chapter for the following service operations:
Question: Analyze the Case Study(shown below), and develop the conclusions, recommendations, and implications in a one to two page APA formatted paper. Use this opportunity to apply concepts from the textbook which is Chapter 5 at Greenberg,J.(2011)...
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Draw an Activity-on-Node Diagram, identify project duration and project critical path for the following:
Financial plans and statements are an important part of identifying how much money is needed and of determining the health of the company through company valuation. Completing financial statements is part of the role of the entrepreneur in raising..
Explain how quality improvement initiatives may differ among various organizations. Provide specific examples (e.g., hospital versus VA). What stakeholders would be involved.
A bank has set a standard that mortgage applications be processed within a certain number of days of filing. If, out of a sample of 2,500 applications, 85 fail to meet this requirement, what is the epmo metric and what sigma level does it correspo..
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