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A manufacturer produces a product in batches of Q units to be delivered to a customer. The customer has an annual requirement of D units. The manufacturer’s production rate is P units/year, its holding cost rate is h dollars/dollar/year. The unit variable production cost is C dollars and the fixed cost to setup a manufacturing batch is S dollars per batch. For each batch produced, half of the batch (i.e. Q/2 units) is shipped to the customer as soon as these are completed. The remaining units are shipped when the whole lot is completed. In other words, each production batch is delivered to customer in two equal sized sub-batches.
What is the manufacturer’s average inventory level? What is the customer’s average inventory level?
A fast-food restaurant has a drive-through window and during peak lunch times can handle a maximum of 60 cars per hour with one person taking orders, assembling them, and acting as cashier. The average sale per order is $7.00. Use productivity argum..
You are going to advise a small to medium-sized service firm considering expanding to the UK. None of its managers have any international business experience. How would you go about determining their readiness to consider such a move?
Both China and India are rising economic powers. How might your approach to doing business with Communist China, a communist country, be different from your approach to doing business with India, the world's most populous democracy? In which country ..
Discuss type I and type II errors relative to the control chart. What practical implication in terms of process operation do these two types of errors have? I need a clear answer, straightforward and it should not been answer before (not copy and bas..
Research, identify, and discuss the six key functions of a business's operations.
Calculate the overall proportion of "tourists" (cars with out-of-state plates).
Explain what is meant by the ‘demographic imperative’ as it relates to diversity management. Use at least two examples / trends to explain the concept. Outline one criticism of this perspective.
What should be the main trade promotions objectives for Hot Fire Fuel Injector Cleaner? What challenges or obstacles might keep the company from reaching those objectives? Design a trade promotions program for Hot Fire Fuel Injector Cleaner.
A company, which sells two different models of an item, finds 65% of its customers buy the cheaper model, for $95. The remaining 35% of the customers pay $125 for the more expensive model. What is the expected purchase price?
A telephone call center uses five customer service representatives (CSRs) during the 10:30 a.m. to 11:00 a.m. time period. The standard service rate is 3 minutes per telephone call per CSR. Assuming a target utilization rate of 80 percent, how many c..
Assume that you have been hired by a small veterinary practice to help them prepare a contingency planning document. The practice has a small LAN with four computers and Internet access. Prepare a list of threat categories and the associated business..
analyze and compare the costs of the two projects in terms of performance efficiency budget and schedule. make sure to
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