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A shop that makes candles offers a scented candle, which has a monthly demand of 366 boxes. Candles can be produced at a rate of 34 boxes per day.
The shop operates 20 days a month. Assume that demand is uniform throughout the month. Setup cost is $52 for a run, and holding cost is $1.96 per box on a monthly basis.
What is the Economic Production (run) Quantity?
A useful note: EPQ formula gives the optimal production quantity during a cycle. Once you have the EPQ, you can use it to calculate Run time, Max inventory, etc.
Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean consumers of the ethics involved in buying clothing made from Bangladeshi factories .
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Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.
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Promotion strategies of the one's own developed website
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In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.
Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.
A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.
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