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1. Garden Variety Flower Shop uses 1000 clay pots a month. The pots are purchased at $3 each. Annual carrying costs per pot are estimated to be 25% of cost, and ordering costs are $25 per order. a. Determine the economic order quantity. b. Compute the total cost of ordering and carrying clay pots. c. If the manager has been using an order size of 2,000 pots, how much can be saved per year by improving the inventory policy?
How do Loews' training programs relate to the company's business strategy?
Provide a brief introduction on all steps involved in Procurement process? 1. Purchase requisition or purchase Indent. 2. Floating the purchase enquiry/tender. 3. Receiving quot
in the context of motivation; level refers to----------- 1.an individual choice when present with a number alternatives/2.the consequences of an individual behaviour/3.the amount o
A manager is trying to decide whether to build a small medium, or large facility. Demand can be low, average, or high, with the estimated probabilities being 0.25, 0.40, and 0.35,
WIld West, Inc., is a regional telephone company that inherited nearly 100000 employees and 50000 retirees from AT&T. Wild West has a new mission: to diversify. It calls for a 10 y
Which of Kotter's 8 steps are critical to sustaining change? (You can list multiple steps.) Why do some change leaders fail to properly address sustaining change?
Advantages of a Fixed Position Layout Men and machines can be used for wide variety of operations producing different products. The investment on layout is very
Model of behaviour modification and the four contingencies of reinforcement.(cited/referenced)
Your company invests $50,000 today at an annual interest rate of 4.00%. The interest is compounded quarterly. Calculate the first quarter interest, the total annual interest and th
What happens if balance doesn’t exist
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