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Retailers Warehouse (RW) is an independent supplier of household items to department stores. RW attempts to stock enough items for a 98 percent service probability. ?A stainless steel knife set is one item it stocks. Demand (2,400 sets per year) is relatively stable over the entire year. Whenever new stock is ordered, a buyer must assure that numbers are correct for stock on hand and then phone in a new order. The total cost involved to place an order is about $5. RW figures that holding inventory in stock and paying for interest on borrowed capital, insurance, and so on, add up to about $4 holding cost per unit per year. ?Analysis of the past data shows that the standard deviation of demand from retailers is about four units per day for a 365-day year. Lead time to get the order is seven days.
a. What is the economic order quantity?
b. What is the reorder point?
What were the (i) direct and (ii) indirect financial losses; estimated costs to repair damage.
You have just been hired to perform digital investigations and forensics analysis for a company.
The goal of this project is to put all the pieces of the course together to create a hypothetical risk assessment and mitigation plan. This exercise will demonstrate to you the complex process that is involved in creating such plans.
A produce distributor uses 800 packing crates a month, which it purchases at a cost of $10 each. What is their current ordering quantity?
Use academic or legitimate news sources, such as The New York Times, the Los Angeles Times, The Washington Post, CNN, MSNBC, Fox News, etc. Evaluate arguments for and against tort reform with a focus on why organizations leave the United States to av..
On the basis of the overall analysis of the key business forms and the key expenses it can be said that the decision taken has been taken considering each and every item of expenses and that there is proper control over the expenses and the overal..
Distinguish between functional and dysfunctional conflict by defining the concepts in your own words, and providing specific examples. Discuss why individuals avoid conflict. Have you ever experienced conflict within the workplace and if so, how did ..
Study the measures used for the International Scorecard and the Domestic LPI. Identify and discuss specific criteria that are connected between these two measures.
What is the commerce clause? How does the commerce clause impact business? What is a syndromic surveillance system?
This is a method of comparing the way a company performs a specific activity with a competitor, potential competitor, or company doing the same thing. The structure of a simple organization
Prepare IFE and Financial Ratios for Hershey's Company. describe how Hershey is performing internally.
A piano manufacturer wants to keep track of all the pianos it makes individually. Each piano has identifying serial number and manufacturing completion date.
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