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Westside Auto purchases a compant used in the manufacture of automobile generators directly from the supplier. Westside's generators production operation which is operated a constant rate will require 1000 components per month throughout the year ( 12,000 units annually) Assume that the ordering costs are $25 per order the unit cost is $2.50 per compont and annual holding costs are 20% of the value of the inventory. Westsides has 260 working days per year and a lead time of 5 days.
A. what is the EOQ for this component?B. What is the reorder point?C. What is the cycle time?D. What are the total annual holding and ordering costs associated with your recommended EOQ?
What are the forces for global convergence in a labor system? What are the forces for a labor system to maintain divergence or establish a divergent system?
Nobel laureate economist Milton Friedman said that companies should focus on maximizing profits, not social responsibilities or purposes. Do you agree with this view? Why or why not?
tephanie does not have a cause of action under Title VII for gender discrimination because she did not file action before she became a woman. d. Stephanie has a cause of action under Title VII for gender discrimination because she is legally consi..
Discuss how the improper handling of electronic evidence can adversely affect a criminal case. In your response explain the precautions that should be taken when investigators are collecting, processing, and analyzing digital evidence.
Travelmania Inc. is a new, Internet based travel agency specializing in customized exotic and adventure travel. The company has limited resources and very low level of awareness in the market.
Explain why manager having great control does not have much publicity than a manager who is a great leader.
Identify one example of a resource with a very low average utilization rate, and a second example with a very high average utilization rate.
The power at Ice Station Lion is supplied via solar cells. Once a year, a plane flies in and sells solar cells to the ice station at a price of $20 per cell. Because of uncertainty about future power needs,
If, at most, 10 consultants are to be assigned to a home office, where should the offices be setup. Explain how many consultants should be assigned to each office. Illustrate what are the annual prices of this network.
Solve the following linear program using the decomposition principle: minimize z = ?2x1 ? 5x2 subject to x1 + 2x2 = 13.5 x1 + 3x2 = 18.0 x1 ? 9 x2 ? 5 x1, x2 ? 0.
An analysis of the last 2,000 customer return transactions uncovered 30 errors. This results in a DPMO of approximately
An airplane flew for 4.23 hours with a 25.5-km/hr tail wind. The return flight against the same wind took 4.97 hours. Find out the speed of the plane in still air.
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