Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Garden Variety Flower Shop uses 650 clay pots a month. The pots are purchased at $2.50 each. Annual carrying costs per pot are estimated to be 30 percent of cost, and ordering costs are $20 per order. The manager has been using an order size of 1,500 flower pots.
a. What additional annual cost is the shop incurring by staying with this order size? (Round your optimal order quantity to the nearest whole number. Round all other intermediate calculations and your final answer to 2 decimal places. Omit the "$" sign in your response.) Additional annual cost __________
b. Other than cost savings, what benefit would using the optimal order quantity yield (relative to the order size of 1,500)? (Use the rounded order quantity from Part a. Round your final answer to the nearest whole percent. Omit the "%" sign in your response.) About _________ % of the storage space would be needed.
Jack owns a local trucking company. With fuel costs being expensive, Jack wants to evaluate how much fuel, on average, he should store in his 8,000 gallon fuel tank. Each year Jack uses 80,000 gallons of diesel (usage is spread evenly throughout the ..
The CEO of your organization has developed two potential plans to help the organization cut costs. The CEO has asked you to form a group; the members of the group are to represent a cross-section of all the departments within the organization.
Many firms like to espouse the idea that they "promote from within" when filling key managerial positions. What may be some PROS and CONS to this practice?
Describe application architecture also process design. Include a high-level description of security controls which you recommend for design of this HR system. Apply tools of systems analysis to describe information systems architecture in terms of..
What are economies of scale in a manufacturing plant? Do they continue forever? What are diseconomies of scale? How might you decide the optimal size of a plant?
An individual has $25,000 invested in a stock with a beta of 0.8 and another $40,000 invested in a stock with a beta of 2.0. If these are the only two investments in her portfolio.
each questions response must be 100-150 words in length and include at least 1 academic resource.1. define corporate
Dealing with dissatisfied and disgruntled customers is, perhaps, one of the greatest sources of conflict for retailers. Is Nordstroms's approach to customer service and customer relationship management an appropriate way to defuse or prevent potentia..
A furniture company manufacture desk and chairs. . Given that the profit per chair is $50 and that of the desk is $100, determine the optimal production mix for the company.
You are hosting a tailgate party for forty people prior to the next home game for your university football team. The menu includes burgers with all of the fixings, brats, and ribs. You are responsible for procuring all the ingredients and the transpo..
A jewelry firm buys semiprecious stones to make bracelets and rings. The supplier charges $20 per stone, annual carrying costs are 50%, and the cost of processing orders is $40.
A newspaper publisher uses roughly 840 feet of baling wire each day to secure bundles of newspapers while they are being distributed to carriers. The paper is published Monday through Saturday. Lead time is six workdays. What is the appropriate reord..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd