What is the optimal order size for quarts of ice cream

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Reference no: EM132215630

1. Write a minimum of one full page report that presents your view on how developing a new perspective on HR can reduce turnover in an organization. Include suggestions of employee retention strategies that will help organizations to reduce turnover.

2. Daily demand for ice cream at the I-Scream parlor has a mean of 200 quarts per day. The owner has the ice cream supplied by a wholesaler who charges $6 per quart. The wholesaler charges a $90 delivery charge independent of order size. The opportunity cost of capital to I-Scream is estimated to be 20% per year, and the additional storage cost of keeping the ice cream frozen and in stock is another 5% per year. Assume 360 days in a year. What is the optimal order size for quarts of ice cream?

Reference no: EM132215630

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