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"José runs a mail-order business for gym equipment from his house in Dorado. Annual demand for the PuertoFlexers (the best seller) is 25,000 in the US. Assume that the year has 360 days. He sells each product for $350, earning a markup of 20%, including shipping and handling to the US. The annual holding cost per unit is $5.50 and the cost to process an order is $25. It takes ten days to completely process an order. (Write down any assumption that you have to make.)
What are the EOQ and Total Cost of this situation?
How long does a "cycle time" (the time between having all eoq quatitites and zero) last?
If José has space for 545 products, can all be stored in his facilities?
If José expect demand to rise by 10% next year, does he has to make any arrangements?
What percentage of the reward should be based on the teams project versus the behavior of the individual team members? _______% team reward based on supervisor's evaluation of the team project.______% individual reward based on team member's evaluati..
Write a second paragraph about the assumptions you needed to make for this assignment AND how this would be different if you needed to order the items needed to serve the customers for this week.
Describe each type of private insurance listed in your text including Medicare, Medicaid, and SCHIP.
What examples do you have of firms that have taken on partners to reduce financial risk? What are the advantages and disadvantages of taking on partners?
The product always sold out of the vending machines, but the consumption of coffee stayed the same and the sale of other Pepsi products declined. In terms of levels of categorization, discuss what created the problem in the test market.
You are responsible for risk management in your firm. How would you go about forecasting the political risk for investment in emerging markets? How can a small-medium enterprise (SME) assess and manage political risk?
There are five imaginary surfaces that make up an airport's navigable airspace. Most aviation accidents happen in the primary surface, and they are usually the flavor of runway incursions
The study presents a case of the Apple Corporation dealing with the importance of enforcing international labor laws in the supply chain. Companies are under pressure to reduce costs while abiding by international labor standards. Discuss the key iss..
Categorize global leadership differences according to a leader’s use of power, technology, and knowledge management. Provide at least two leadership approaches for implementing change.
However, one carrier quoted a transportation cost of $20 per hundredweight for a consolidated shipment, with an additional charge of $200 for each stop on the delivery. Should Jones choose consolidated shipment alternative?
Determine which system is more desirable and justify your answer, if initial investments for system 1 is $500,000, system 2 is $800,000, and system 3 is $1000,000.
Compare and contrast two data-collection techniques and evaluate the sampling strategies discussed. Consider cost-benefit analysis, accuracy, error, access, and time standards.
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