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A large bakery buys flour in 25-pound bags. The bakery uses an average of 5 bags a day. The bakery operates 243 days a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag.
Determine the EOQ.What is the average number of bags on hand?How many orders per year will there be?Compute the total cost of ordering and carrying flour.If holding costs were to increase by $9 per year, how much would that affect the minimum total annual cost?
Compare the steps described for the B2B buying process with the steps your own consumer buying process. Identify areas where the processes are similar as well as where the processes are different.
Develop an inventory management model for HP in Europe. Assume that the Vancouver plant is still producing the 6 models already in Europe. Explain your rationale for such model.
Motorola obtains cell phones from its contract manufacturer located in China to serve U.S. market. The U.S. is served from a warehouse located in Memphis, Tennessee.
Explain possible reasons why consolidations, mergers, and acquisitions occur for hospital and other healthcare organizations and the capital challenge for such ventures.
Identify the effective general leadership traits that have contributed to The Little Guys' ongoing success. Identify the behaviors often incorporated by entrepreneurial leaders.
What do you think are the risks involved (to HR and the organization as a whole) if HR does not make this a priority and instead remains a purely task-oriented department mostly administrative in nature.
Generally, marketers use one of three basic targeting strategies to focus on a target market: undifferentiated, concentrated, or differentiated. Locate an article that discusses the target market for a specific product.
Describe how would you prepare a team of 3 managers to go to Warsaw, Poland, to oversee the operations of a recently acquired financial services industry. They will be leaving in one month also the assignment lasts 2 years.
Identify a company with a visible organizational culture. Learn as much as you can about that company's culture, using library resources, online sources, contacts within the company, and as many creative means as you can.
The production department of the newspaper has embarked on a quality improvement effort and has chosen as its first project an issue that relates to the blackness of the newspaper print.
When she approached her employer about the possibility of transferring to the marketing department, she was told it would be four or five years before there would be an opening for her
Armentrout broadened his product line, offering coffee, soft drinks, and breakfast items such as muffins and bagels He had become t friendly with a number of customers who often shopped to discuss the latest new's in the express
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