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1. Discount-Mart, a major Eats Coast retailer, wants to determine the economic order quantity for its halogen lamps. It currently buys all halogen lamps from Specialty Lighting Mfg, Inc., in Atlanta. Annual demand is 2,000 lamps, ordering cost is $30/order, carrying cost per lamp is $12.
a. What is the EOQ?
b. Wat are the total annual costs of holding and ordering
c. How many orders should D-M place with Specialty Lighting per year?
In applying basic ethical principles where should you draw the line between a legitimate business courtesy and a bribe? ?PS: Can flow the book of Ethics and the conduct of business)
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You think you can sell 1,000 units in one day, but you also know that the standard deviation of demand for the item is 50 units. How many units should you order?
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