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The park and smencer retail shop has observed a stable demand for its line of karmani sweater and do the order of 100 sweaters per week. The retail shop incurs a fixed cost of 200 every time place an order to the warehouse for stock replenishment. The marginal cost of a sweater is 45% and the shop’s cost of capital is approximately 25% per year. Assume there are 52 weeks per year
a. What quantity should be ordered each time?
b. What is the optimal inventory cost for a year?
c. What is the time duration between two consecutive orders?
d. What is the resulting inventory turnover rate?
Reflect on project work in your organization, what are some examples of effective project communications?
Explain the difference between risk and ambiguity. How might decision making differ for a risky versus an ambiguous situation?
Suppose a maximization LP problem has the following four corner points: (0, 0), (10, 0), (5, 5), and (0, 7). If the objective function is X+ 2Y, what is the optimal objective value?
Heuristics, Composition of large activities & the Devil's Quadrangle.
The following is a table of activities associated with a project at Bill Figg Enterprises, their durations and what activities each must precede:
In the context of the solution-focused approach, describe/assess several observable indicators that would cue you that the family is nearing a level of success, such that termination of therapy may be considered.
What is your opinion regarding the important of those traits? Can they be applied to the environment where you work? Why or why not?
Each year, the Interbrand consultancy complies a ranking of global brands. In 2010 Amazon Inc. was valued at $9,665 million and in 2014 they were valued at $29,478 million. How and why has the brand’s ranking changed? Identify and provide reasons tha..
Andy enters into a contract with John to redecorate his New York penthouse. John sets to work immediately. He install new wallpaper and lighting in Andy's house, and paint a mural of little cherubs on his dining room ceiling. Assume that John cannot ..
Define physical anthropology. Discuss some of the general ways physical anthropologists investigate evolution.
under the guidance of Harding and Coolidge, took backseat in issues pertaining to economy. Is it the government’s responsibility to be involved in the economy?
Your organization is beginning to transition to electronic medical records. After a climate survey, you see that 64% of your organization does not want to transition to this form of documentation management
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