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Your options for shipping $100,000 of machine parts from Hamilton to Kuala Lumpur, Malaysia, are (1) use a ship that will take 30 days at a cost of $3800, or (2) truck the parts to Vancouver and then ship at a total cost of $4800. 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.
a. Which option is more economical?
b. What customer issues are not included in the data presented?
When you first start out, you can expect sales to be well below 1,000 cups daily. what is your projected net cash flow if you only sell 300 m medium cups of coffee daily (m-f) at $3.50 per cup and have expenses of $6,000 for the week?
imagine you are an executive for bp and you are preparing a presentation for the board of directors about the
The production manager at company XYZ needs to prepare forecasts of product demand in order to plan for appropriate production quantities. In the past, demand for the product has been strongly dependent on the effort put in advertising and promoting ..
Describe the five processes of the SCOR (Supply-Chain Operations Reference) model; Plan, Source, Make, Deliver, Return, and Enable. Describe how the top three levels of the SCOR model apply to your current or previous employer's supply chain.
What is the EOQ.What is the total annual order and inventory holding costs for the EOQ.What is the reorder point without safety stock. What is the reorder with safety stock.
Suppose the weekly demand of a product is 200 units on average and the order lead time is 2 weeks. How many kanbans are needed at a single location when we set the smoothing factor to 1.2?
What effect would this have on the production schedule? What changes would occur in the production schedule if the labor fluctuation goal were the highest priority goal?
It has been stated that managers recognize time, cost, and resource estimates as critical if planning, executing, and monitoring and controlling are to influence the success of the project. Research the Internet or the Strayer Library for articles..
Make powerpoint slides for a case to be analyazed in strategic management
Jeanette phan is a college student who has just completed her junior year. The following table summarizes her grade point average (GPA) for each of the past 9 semesters. Forecast Jeanette's GPA for the fall semester of her senior year by using a thr..
The auto industry example in the text serves to illustrate that: _____ is a kind of competitive situation where at least some consumers see the marketing mixes being offered by firms as different. Which of the following is not an element of the exter..
Illustrate what is the Yearly cost for ordering item X. (Round your answer to 2 decimal places. Omit the "tiny_mce_markerquot; sign in your response.) Yearly cost for ordering item $. Illustrate what is the Yearly cost for storing item X.
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