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An appliance manufacture has a plant near Toronto that receives small electric motors from a manufacturer located in Winnipeg. The demand for the motors is 120,000 units per year. The cost of each motor is $120. The motors are purchased in lots of 3,000 units. The ownership of motor transfers to the appliance manufacture in Winnipeg. The question is which mode of transportation, truck or train, the appliance manufacture should use to bring the motors from Winnipeg to Toronto. The railroad company charges $2 per motor, and it takes approximately seven days by train. The trucking company charges $4 per motor, but it takes only three days. The appliance manufacturer will keep 1,000 units as safety stock if a truck is used and 3,000 units as safety stock if a train is used for transportation. If the holding cost rate is 25 percent of unit cost per uear, which mode of transportation will minimize total transportation and in-transit and safety holding cost?
What is the TQM approach to EI and how does it differ from other approaches? Discuss Deming's influence on this approach.
Buckeye Manufacturing expects to generate additional revenue from its recently won government contract. Buckeye forecasts that the revenue will be $40 million in the first year.
To ensure a full line of outdoor clothing and accessories, the marketing department at Teddy Bower insists that they also sell waterproof hunting boots.
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Describing change management approach and recommended action steps you would advise for minimizing adverse impact on organization and its people.
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just-in-time and lean systems approaches have been well-established in many companies since the early days of the
What is the net cash outflow for the new machine after considering the sale of the old machine? The firm's tax rate for ordinary income is 30%
Evaluate the Allen Specialty Organization's organization also plan for coordinating sales also advertising. Elucidate how will you move candidates who meet the qualifications though the hiring process.
Illustrate what is the average VLC in a target market segment if the average purchase price is $75 per visit, the frequency of purchase is 6 times per yr.
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