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Your options for shipping ?$95,490 of machine parts from Baltimore to Kuala? Lumpur, Malaysia, are? (1) use a ship that will take 29 days at a cost of ?$3,400?, or? (2) truck the parts to Los Angeles and then ship at a total cost of ?$4,950. The second option will take only 20 days. You are paid via a letter of credit the day the parts arrive. Your holding cost is estimated at 30?% of the value per year. If you have a third option and it costs only $4,040 and also takes 20 ?days, what is your most economical? plan?
The daily holding cost of Alternative 1 is ?$____. ?(Enter your response rounded to two decimal? places.)
The daily holding cost of faster shipping with Alternative 2 is ?$____. ?(Enter your response rounded to two decimal? places.)
The daily holding cost of faster shipping with Alternative 3 is ?$____. ?(Enter your response rounded to two decimal? places.)
Discuss the general procedure for determining the order quantity when price breaks are involved. Would there be any difference in procedure if holding cost were a fixed percentage of price rather than a constant amount?
Selection of projects to fill a company's portfolio includes many considerations. We discussed many of these in class and online. There are four goals that must be achieved when selecting projects in a portfolio. What are these goals? For each one..
Although ERP (Enterprise Resource Planning) Systems are a great concept. Implementation of such systems have a high rate of failure and often after such systems are installed the results may not be as desired
The textbook author asserts that creating a culture for quality and performance excellence is not rocket science. Some students describe organizations and managers where they work that do have a culture for quality and performance excellence, but too..
What is competition like in this industry? What competitive forces seem to have the greatest effect on industry attractiveness?
Which of the following would not normally be a contract boilerplate item?
Has MetLife spear-headed any major product or service innovations? Apply the diffusion of innovations framework to predict this innovation’s speed of adoption. Discuss per product-based factor as illustrated below. Finally, try to find information on..
Andrew, an attorney, tells his employees that he will likely give them a year-end bonus if business continues to be good and if their performance merits a raise, which will be totally in his discretion. The case settles favorably for his client, the ..
Hineki buys an expensive tablet device to celebrate his seventeenth birthday. Two weeks later, his father insists that he return it. Hineki's attempt to return the tablet will:
Explain the majore product policy questions facing the exporting company. In what ways, if any, does size of a company affect the relative importance of the question?
Research the social media sites for University of Illinois at Chicago and any four other universities at your choice. Research should include for each of the universities are following: What kind of social media those universities use and how they us..
When using "brainstorming" to generate creative service ideas, leaders should: Some businesses offering exceptional convenience may be: Some businesses offering exceptional convenience may be:
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