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RajDee Furniture Company (RFC) buys and sells office furniture. The company buys chairs from a manufacturer for $40 per unit. Order costs are $200 per order and there is a lead time of 10 days for each order to arrive from the manufacturer to RFC warehouse. Inventory carrying cost for RFC is 10%. Average yearly demand for the chairs is 40,000 units. Answer the following questions, assuming there is no uncertainty at all about the demand or the lead time.
If average lead time went up from 10 to 15 days, what will happen to EOQ?
Provide an estimate of the effect the housing voucher program has on retention at KAPC. Suppose KAPC spends $10,000 in hiring costs each time a position is vacated. Would you endorse expanding the housing voucher program to all new employees? Justi..
operations management questionshow the strategic importance of layout decisions. how can a particular layout impact a
You are in the market for a used car. Suppose that the value of a low quality used car is $5,000 and the value of a high quality car is $12,000. Suppose that you cannot distinguish with certainty the quality of the used car but you have 65% inform..
1. What factors might increase the demand for bonds? The supply? 2. What would happen to the market for bonds if a law were passed that set a minimum price on bonds that was above the equilibrium price?
Discuss the importance of the levels for divisions and management structures. Also discuss how multi-divisional structure of hierarchy in an organization helps in decentralized decision making.
Define "interview" and explain the significance of each hat worn by a successful interviewer in detail.
Identify a tourism or hospitality enterprise that you are familiar with (e.g. that you work for, or have a good understanding of its operations)
Consider the role of IT in the supply chain. Some of the advantages of using IT include visibility, consumer behavior, competition, and speed. Select one advantage, and describe how IT improves the supply chain by using that advantage. Include a r..
What is the impact of corporate social responsibility on a company's strategic positioning?
Madison Hotels sells a foreign organization the rights to use its brand name and operating know-how in return for a lump-sum payment and a share of the profits. Which of the following strategy is Madison pursuing?
Diploma of Business - BSB50215 Manage Recruitment Selection and Induction Processes - BSBHRM506 - create a brief induction that will welcome the new employee and meet the new objectives of BizOps Enterprises.
The corporation initiates production of 150 cabinet packages each week. The percentage of good-quality cabinets averages 83% per week and the percentage of poor-quality cabinets which can be reworked is 60%. Find out the weekly product yield of fi..
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