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Question: 1. Using the rate schedule in the table in problem 2, determine whether or not economies of scale (weight) and economies of distance exist.
2. You are shipping 200 diamonds to a customer located 2,000 miles away. The average value of the diamonds is $1,500. You can ship via air for $500 and the diamonds will arrive in two days or you can ship via a specialty ground carrier for $200 and the diamonds will arrive in six days. You figure your inventory carrying cost is 25 percent. Your customer will immediately transfer funds to your bank account on receipt of the shipment. What is your total cost if you use the ground carrier? The air carrier? What other considerations are involved besides the cost?
Oakton Manufacturing makes two types of rocking chairs specifically designed for men and women known as His and Hers models. Each chair requires four legs and two rockers but differing number of wooden dowels. Formulate an LP model for this problem. ..
Assume that the orders shipped complete are 75.1%. Based on this information, what was the approximate perfect order performance at Jones Company?
Which of these distinctions is to the advantage of Choo Choo and which is more advantageous to the drivers? Support your position.
A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads, at a pay rate of $25 per hour per employee. Material costs are $1,000 per week, and overhead costs are $9,000 per week. Ca..
What effect does a performance appraisal have on increases in wage, benefits,etc? Cited and Referenced
Explain and identify reasons why the customer is important. Provide a firsthand example for each of these reasons.
Which type of control works best when there is "no one best way" to do a job and employees are empowered to make decisions
Caterpillar is one of the Americas major exporters. The company sells its construction equipment, mining, equipment and engines to some 200 countries. In the 1980s a stronger dollar hurt Caterpillars competitive position, but in 2008 a stronger dolla..
Explain the unique challenges with the geriatric population receiving care in 1 of the long-term care setting including legal, social and ethical consideration.
Hazards can be sepaated into three basic types: physical, chemical, and natural. Consider the hazards that are present at your local gas station, and put them into one of the three categories, listing at least one hazard for each category. Analyze on..
The ultra vires doctrine states that. Paul is employed as a truck driver for Discount Furniture Co. (Discount). While making a delivery for Discount, Paul negligently hit another car. Who is liable for this accident?
Component SM-782 has an annual demand of 3500. The ordering cost is $200 per order, and lead time is 7 days. Inventory holding cost is $140 per unit per year. How much money are they losing every year as a result of this policy? compute economic orde..
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