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The materials manager for a billiard ball maker places orders for foam, one of the raw materials used in producing billiard balls. She knows demand for foam is 60 kilograms each day, and that it costs $17.90 per year to carry a kilogram of foam in inventory. She also knows that the order costs for foam are $200.25 per order, and that the lead time for delivery is four (4) days. Assume 365 days in a year. The EOQ is 700 kg.
What would be the length of an order cycle – i.e. the time between successive orders using the EOQ?
Describe how a strike by the Teamsters against UPS would affect that company's various stakeholders. Would the current political landscape make a difference? Explain. Union membership has been declining in the U.S. private sector for many years. What..
What are Bonuses in an Organization, Examples of organizations that use bonuses, advantages-disadvantages of bonuses.
A company operating under a continuous review system has an average demand of 50 units per week for the item it produces. The standard deviation in weekly demand is 20 units. The lead-time for the item is six weeks, and it costs the company $30 to pr..
the Senge and Brown texts to compare and contrast systems and design thinking. This paper should be in APA Style.
After Diane worked for the firm for eighteen months, Mr. Dough promoted her to a vice-president position over several more experienced people.
Choose three jobs or professions and explain why they are exempt or non-exempt status under FLSA guidelines. Identify which of the criteria you used to make your decision. (Executive, Administrative, Learned Professional, Creative Professional, Compu..
PowerTransfer makes large precision gears for heavy equipment. These are made by drop forging, and they have two identical drop forges. Currently, there are five gears that must be finished by tomorrow morning.
On January 1, Y-Company purchased equipment for $425,000 from Big Corporation for use in its manufacturing process. Y-Company paid for the equipment with funds borrowed from New York Bank. On January 19, New York Bank duly filed a sufficient financin..
what is the minimum number of service bays fast lube needs to achive an anticipated production of 200 cars per 8 hour day.
Harrison Clothiers' stock currently sells for $26.00 a share. It just paid a dividend of $2.25 a share (i.e., D0 = 2.25). The dividend is expected to grow at a constant rate of 7% a year.
Have you ever been involved in an effort in which you felt that the leader of the effort lacked enthusiasm about it? If so, how did this impact the result? If not, discuss why you think it is important for the person in charge in a given situation to..
Scenario: Inventory Analysis of a Surgical Company
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