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A service garage uses 6400 boxes of cleaning cloths a year. Ordering cost is $30 and holding cost is $0.6 on an annual basis. Please compute the following tasks using EOQ model. (a) The economic order quantity based on EOQ model? (b) The total cost of ordering and carrying? (c) Suppose the current order size is 600. What additional annual cost is the company incurring by staying with the order size 600?
How does the cost of learning change as the division of labor increases (having more workers, doing more narrowly defined tasks)?
What is your opinion of the ethics of the new policy about withholding one-cent-in-change?
Please elaborate on the following two Knowledge Management principles, Knowledge Management must be woven into the corporate infrastructure.
Discussed several strategies that allow the manufacturer and retailer to share risk. Consider one that is widely used in the electronics and high tech industries: „Quantity Flexibilty Contract“. Let C_Normal denote the wholasale price that the manuf..
Donald Trump described his contract negotiation methods and pricing as follows, "When I build something for somebody, I always add $50 million or $60 million onto the price. My guys come in, they say it's going to cost $75 million. I say it's going t..
Swimkids is a swimsuit manufacturer. They sell swim suits at a selling price is $30 per unit. Swimkids variable costs are $18 per unit. Fixed costs are $70,900. Swimkids expects sales of $268,000 next year. What is Swimkid's margin of safety (in d..
Select a managed care plan such as an HMO, PPO, POS, or EPO and discuss its advantages and disadvantages.
What preliminary information would you gather before conducting the needs assessment? Provide a rationale for your decision.
efficiency is a critical element both in terms of individuals and machinery in any business. describe some efficiency
Given is a CPM project network diagram as shown below. The Project Completion time. The Latest Finish time, LF, of Activity C. The critical activities are.
1. define the term e-business. 2. define supply chain and list the activities that are involved. 3. write a short essay
If CARD provides a 20% safety margin in guaranteeing a delivery time, what is the guaranteed delivery time if the package picked up at location 1 is to be delivered to location 6?
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