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Jack owns a local trucking company. With the high fuel costs, Jack wants to evaluate how much fuel, on average, he should store in his 30,000 fuel tank. Each year Jack uses 70,000 gallons of diesel (usage is spread evenly throughout the year). Jack knows with certainly that he can have a load of fuel delivered in 12 days. Jack says, "The darn delivery service charges a $250 fee for each delivery, no matter how much I purchase." Earlier this year, Jack hedged his fuel at $4.80 per gallon. Jack thinks his holding cost per unit is 10%. If Jack orders at EOQ, what will be the average inventory of fuel in his 30,000 gallon tank?
A. 1,651 gallons
B. 3,974 gallons
C. 4,270 gallons
D. 12,649 gallons
A Corporation wants to forecast demand using the weighted moving average. If the Corporation uses 2 prior yearly sales values, which of the subsequent is the weighted moving average forecast for year 2013.
This reduction in demand will push equilibrium price back down to its original level. Since equilibrium price will remain unchanged, smokers will consume same number of cigarettes." Do you agree or disagree with this view. Explain.
Image text transcribed for accessibility: In what way can improper incentives lead to a lack of coordination in a supply chain? What countermeasures can be used to offset this effect?
Cloris employs one sales representative at a salary of $40,000 per year. If Johnson reduces advertising budget by $20.000 she expects to 75 fewer units. Should he lower her advertising budget.
Illustrate what is expected (i.e. mean) project completion time. Standard deviation of completion time. Illustrate what is probability project will be completed in time for Kozar to begin marketing new product within 24 months.
Illustrate what other factors are relevant to this issue. Explain how do the changes in assumptions mentioned by the other managers affect the proposal. Illustrate what position should Jim take.
Illustrate what is source of IKEA's success today. Can you see any weakness in business. Illustrate what might it do to correct se. Illustrate what could be objective of a Logistics unit in a humanitarian relief operation
Explain why you agree or disagree with affirmative action and explain how affirmative action may be affected by growing workforce diversity.
Illustrate what are some of the problems AECS facing. Are they inherent in its model or they could be rectified while keeping the model intact.
What do you think are the risks involved (to HR and the organization as a whole) if HR does not make this a priority and instead remains a purely task-oriented department mostly administrative in nature.
Define them and show how later helps consumer in recommending a car among 3 brands. Assume that total features that are steering consumer's selection are: number of seats, availability of spare parts, engine performance and preferences of people ..
Write down another constraint that guarantees for every barrel of jet fuel, at most three barrels of gasoline are produced.
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