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A local grocery store faces demand for one of its items at a constant rate of 20,000 boxes per year. It costs them $5 to process an order and $0.50 per box per year to carry the item in stock. The stock is received three working days after an order is placed. Assume 250 working days in a year and no backordering. What is the total inventory cost at EOQ, excluding the item cost?
A manufacturer of flashlight batteries took a sample of 8 batteries from a day’s production and used them continuously until they were drained. If one tests whether the mean of the number of hours of all the batteries until they fail is 500 or not at..
Given the projected demands for the next six months, prepare an aggregate plan that uses inventory, regular time and overtime, and backorders. The plan must wind up with no units in ending inventory in Period 6. Regular time capacity is 150 units per..
Takata Airbag Quality Takata Corp., the supplier behind defective air bags in millions of recalled vehicles, lacks clear processes for tackling potential safety defects and needs improved manufacturing methods, an independent panel found. Takata empl..
Forecast registration for the last six weeks (5-10) using a two-week and a four-week moving average. Which forecasts are more accurate using the concept of MAD?
Select an organization and describe its history, products, and major competitors in a paragraph or two. Develop a SWOT analysis detailing the strengths, weaknesses, opportunities, and threats that may affect the organization.
After Elizabeth received her bachelor's degree, she received no job offers. So she began working toward a master's degree in Human Resources Management.
A company needs to design their product with the customer’s in mind. In recent years there have been so many technological advances that many times the consumers have been forgotten when developing new products. Can you think of a product that failed..
As a cell phone marketer, how might you boost sales and usage by influencing cultural rituals and encouraging the development of cultural rituals? Provide examples. Brainstorming is an essential tool in the identification step. But it can get off tra..
determine how that amount should be allocated to maximize production.
consider the following data.inventory itemaverage demand annualsigma std. dev. of demand during lead timeitem unit
St. Johns River Shipyard's welding machine is 15 years old, fully depreciated, and has no salvage value. However, even though it is old, it is still functional as originally designed and can be used for quite a while longer. The applicable corporate ..
Using personal experience in regard to the quality improvement programs that you discussed in the previous week, which of the following specific quality program tactics were involved
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