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Jake Welch has a computer store with an annual demand forecasted at 600 units and holding cost is $20 per unit per year and the ordering cost is $60 per order. Currently they order once a month, 50 units per order. They work 250 days a year and the lead-time is 10 days. They want to keep 10 printers as a safety stock. 1. What is the current total cost of inventory – with orders of 50 units? 2. What is the optimal order size? What would the total cost be? 3. What is the reorder point?
the "Real Options Navigator" article, that have potential to create value.
Why do we need to learn how to design a winning business model? Discuss the three characteristics of a good business model.
Larry Land establishes a landscaping business under the name "Lofty Lawns." The business handles lawn care and seasonal flowers for apartment complexes, condominium associations, and homeowner associations. Larry wants to keep labor costs, legal liab..
A hiring manager may get hundreds or even thousands of generic résumés in response to an advertised job opening. A customized resume that includes a “summary of qualifications” ensures that your most impressive qualifications are not overlooked by a ..
If a cake sits longer than 14 minutes before being wrapped, it will not be fresh enough to meet the bakery's quality control standards. Does the bakery need to hire another wrapper? Yes or No?
What is the Pareto principle? Consider a software product with several defects. How can the Pareto principle be used to form a most effecting approach to fix the defects?
Define strategy and describe how it is used in an organization. Discuss the methods you might use to identify whether or not an organization is using information as a strategic asset. Describe the three market disciplines an organization might use to..
if the consumer is difficult to define, how does one strategically organize the goods, services,
Create a detailed explanation of those skills that you feel will be important for your future in a 2–3-page essay. (Select at least five skills.) APA format.
In the welding operations of a bicycle manufacturer, a bike frame has a flow time of about 11.5 hours. The time in the welding operation is spent as follows: 2 hours waiting in front of the cutting machine for the batch to start, 2 hours waiting for ..
Define social responsibility. How does this view of the role of business differ from your previous perceptions? How is it consistent with your attitudes and beliefs about business?
there are a number of well-known strategic planning models. to bring your team up to speed on the evolution of
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