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A power plant uses coal to generate electricity. Coal is supplied at a rate of 9,000 tons per day at a price of $16.50 per ton and is used at rate of 1400 tons per day. The plant operates 365 days per year and its annual carrying cost is 28% of acquisition cost. Ordering cost is $675 per order.
1. What quantity of coal should they order each time?
2. What is maximum inventory level during the year?
Suppose that you are the chief economic advisor to the president of the United States. You are asked to propose a strategy to bring the economy out of recession. Unemployment is at 13 percent and inflation is relatively low.
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i which of the following is a cost impact and payoff analysis tool from the operations consulting tool kit?bull
Maizie, a charge nurse in a large hospital, is frustrated with a phone call. She is thumbing through Joe's file, looking for a patient consent signature before she can answer questions from Joe's secretary, "How is Joe?" What health issue is relev..
If you are allowed to keep either item G or item I in stock (along with items J and K from part b), which one would you choose and why?
You have been asked to develop a rewards program for the MNC that you work for-specifically for the new subsidiaries that they are opening in Japan, France, and the United States.
Describe some of the purposes for doing a data mining? Provide some advantages of Data mining with relevant examples
A job has an 85 percent learning curve. Estimate the time that will be needed to complete the fifth unit of the job. The time for the first unit is unknown. However, units 2 through 4 took a total of 20.55 hours to complete.
Explain the body of law that governs safety and health litigation. What are the legal terms that are included in summarizing the legal principles as related to safety and health. Explain in detail.
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