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The catering manager of LaVista Hotel, Lisa Ferguson, is disturbed by the amount of silverware she is losing every week. Last Friday night, when her crew tried to set up for a banquet, they did not have enough knives. She decides she needs to order some more silverware, but wants to take advantage of any quantity discounts her vendor will offer.>For a small order (2,000 pieces or less) her vendor quotes a price of $1.80/piece.>If she orders 2,001 to 5,000 pieces, the price drops to $1.60/piece.>5,001 to 10,000 pieces brings the price to $1.40/piece, and>10,001 and above reduces the price to $1.25/piece.Lisa's order costs of $205 per order, her annual holding costs are 5%, and the annual demand is 47,000 pieces. For the best option, (the best option is the price leve that results in an EOQ within the acceptable range).A) What is the optimum ordering quantity?B) What is the annual holding cost?C) What is the annual ordering cost?D) What are the annual cost of the silverware with an optimal order quantity?E) What is the total annual cost, including ordering, holding, and purchasing the silverware?
The supplier would like to deliver sweatshirts once a week. Explain how much will this price the Co-op per yr. Under illustrate what conditions would you agree to the supplier's proposal.
A company is trying to decide in two location options, Albany and Baltimore. Albany would result in yearly fixed costs of $60,000, labor costs of $7 per unit,
If the balance sheet amounts show $2 million of inventory also $500,000 of property, plant & equipment, illustrate what is the inventory turnover.
Finding a location for electronics component manufacturing in Asia. This is a long-term, strategic decision; illustrate what factors might change in next 10 to 20 years? Elucidate how will this influence decision.
company wants to forecast demand using the weighted moving average.
In a manufacturing facility that produces laptop computers, there are three production lines that operate independently of each other. On one line, circuit boards on the way to final assembly that do not meet quality standards get "kicked"
Illustrate what is the average number of people in line. Karen raises the price to $5 per cup and takes 60 seconds off the service time.
Do you think Bharti should enter outsourcing agreements outlined by Gupta. Illustrate what do you see as pros and cons of such agreements. Explain how do different outsourcing agreements work towards building se core competencies.
Groups mature over time, increasing their effectiveness and productivity. How would you describe the stages of group development, and what do you feel is the responsibility of a project team leader in fostering group development
The effective capacity also efficiency of a fast Lube is service bay are known to be 5.5 also 0.880 respectfully. Illustrate what is the minimum number of service bays Fast Lube requires to achieve an anticipated production of 200 cars per 8-hour ..
Think of a leader you admire. What traits does this person have? Are they consistent with the traits discussed in this chapter? If not, why is this person effective despite the presence of different traits
Identify and describe formal and informal types of communication flows and explain how each affects organizational behaviour.
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