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Use the following scenario to answer the next two questions:
Brady Jones is a manager at a local store that sells computers. He needs to decide how many computers to order based on the quantity discount schedule below. Annual demand is 3,000 computers, annual inventory carrying cost as a percent of unit cost is 20% (due to problems with obsolescence), and ordering costs are $10 per order.
Quantity Price per Unit ($)
1-25 475.00
26-50 445.00
51+ 420.00
What is the optimal total annual inventory cost?
An online retailer of a single product has four major markets in the four "corners" (North-East, South-East, North-West and South-West) of a country. Assume that daily demand in each market is exactly 10 units.
measurement is only a handmaiden to improvement but improvement cannot act without it. Do you agree or disagree with this statement? Why or why not? Provide at least three specific reasons to support your position.
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Discuss the possible alternatives for loading and hauling that the contractor may consider for the project.
Identify three principles of leadership from this chapter that you think would be most important to include in the training for supervisors in a customer care company.
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