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1. Arcadia Windings is concerned about its stocks of copper cable. The demand for this is 8,000 metres a week, with a cost of £4 a metre. Each order costs £350 for administration and £550 for delivery, and has a lead time of 8 weeks. Holding costs are about 25 per cent of value held a year, and any shortages would disrupt production and give very high costs. What is the best inventory policy for the cable? How does this compare with the current policy of placing a regular order every week?
2. How would this analysis differ if the company wanted to maximize profit rather than minimize costs? What is the gross profit if the company sells cable for £8 a metre?
Universal Declaration of Human Rights about "Everyone has the right to life, liberty and security of person."
The arbitrator explicitly stated that this decision established “supplementary rules of the plant.” Do you think that is an appropriate way for a decision under a CBA to be made?
What kinds of management information systems will be useful in conducting these activities?
Charles Lackey opiates a bakery in Idaho Falls, Idaho. Because of its excellent location, demand has increased by 25% in the last year. On far too many occasions, customers have not been able to purchase the bred of their choice. Current Multifactor ..
How many defectives do you need to find (or more) in a sample of 20 so that you will shut down the line. You want to be 95% sure that there is a real problem beyond random noise before you shut down the line.
What involvement should HR have with organization wide ethics initiatives? What organizational decisions or policies might challenge the professional ethics of an HR professional?
Why is forecasting important in organizations, especially as related to understanding the relevant time horizon to develop a forecast against? What are some examples from industry?
In 2008, after working at two banks for about eight years, Noah Lott helped found NAL Capital Corporation, a venture capital firm that invested in the media, communications, and technology sectors. NAL went public in 2011, and Lott served as its CEO ..
With which functional areas are you most comfortable? Which do you intend to explore more in the future? Reflect on your approach to team membership. Given your experience in the course, what are your strengths as a team member and in what way can..
Using The Brookings Institute focus on the internal stakeholders.
In reviewing the case study on British Airways, it is important to consider the full 10-year period described in the case study (1980–1990). British Airways transformed itself from an organization of inefficiencies into a customer-focused and financi..
Imagine you are conducting a review of the International Space Station project. Research press coverage and the Internet to collect information on the current s
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