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Consider the EOQ model. Order quantity is 20 units, daily demand is 4 units, and the lead time is 2 days. Holding a unit of the item in inventory for a full year costs 1.5 AED. Ordering cost is 1$. Assume a year to be 365 days. Also assume regular operations every day of the week.
a. What is the reorder point?
b. What is the average inventory level?
c. What is the length of an order cycle?
d. What is the annual cost of holding inventory?
Employ the Internet or other resources to find out an article relevant to activity-based costing (ABC), job costing, or process costing. Make a 125-word executive summary of your article.
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Suppose that the matching function is given by: M = em(Q, A) = eQ^(0.7)A^(0.3) Express pc and pf as functions of e and labor market tightness j. Suppose that z = 1, b = 0.4, e = 0.9 and k = 0.24. Suppose that w = 0.75 Find the unemployment rate in th..
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Describe the possible causes of fatigue during exercise bouts of exercise. What has been your experience with fatigue and physical activity?
14. Mesa Co. has an $80,000 line of credit with a 12 percent interest rate and a 10 percent compensating balance requirement that is based on the total amount borrowed. What is the effective annual interest rate if the firm needs $45,000 for one year..
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