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A jewelry firm buys semiprecious stones to make bracelets and rings. The supplier quotes a price of $ 8 per stone for quantities of 600 stones or more, $ 9 per stone for orders of 400 to 599 stones, and $ 10 per stone for lesser quantities. The jewelry firm operates 200 days per year. Usage rate is 25 stones per day, and ordering costs are $ 48.a. If carrying costs are $ 2 per year for each stone, find the order quantity that will minimize total annual cost.b. If annual carrying costs are 30 percent of unit cost, what is the optimal order size?c. If lead time is six working days, at what point should the company reorder?
What is an event that forced American businesses to focus on quality? What are two methods American businesses use to improve the quality of their products and services? Describe the methods.
employees are all unique. this uniqueness makes them valuable because in that individual approach to work each employee
A manufacturer decided to reduce monthly production of children's shoes from 3,200 to 2,400 pairs what was the percent of reduction
If the blend needs to score at least 300 points for shade tolerance, 400 points for traffic resistance also 750 points for drought resistance, describe how many pounds of every seed should be in the blend. Describe how much will the blend cost.
How can the concept of span of control and grouping similar functions be utilized with an Aviation predictive maintenance approach
What Human Resource component within its operating environment is a major element of a firm's ability to satisfy its personnel needs. Which threat of entry creates a barrier by forcing entrants to spend heavily to overcome customer loyalty
What are Zara's global strategies?
A fleet repair facility has the capacity to repair 900 trucks per month. However, due to scheduled maintenance of their equipment, management feels that they can repair no more than 600 trucks per month.
Phelps Petroleum Company must decide between two methods of processing oil at a refinery. Method 1 has fixed costs of $22000 for depreciation
Explain the advantages and disadvantages of SPT and EDD sequencing rules. Under what circumstances might you prefer one over the other?
In a 250-300 word response, analyze how communication in groups differs from individual communication. Are there unique challenges to communicating with groups? Provide examples. Use at least one resource to support your key points.
Be sure to describe which of the Control Theory's would apply to the concept. Be sure to describe the system using feedback loops and a detailed narrative.
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