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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?
Nokia Corporation, headquartered in Finland, is a world leader in the cell phone industry. Because much of Finland is heavily forested and sparsely populated, it is difficult and e
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Mountain States Electric Service is an electrical utility company serving several states in the Rocky Mountains region. It is considering replacing some of its equipment at a gener
What is a ledger account?
Unit IV: At the Bargaining Table Unit V: Grievances and Arbitration Unit VI: Wage Issues and Economic Supplements Unit VII: Institutional Issues Unit VIII: Administrative Issues
Describe factors affecting morale. Factors that tend to lower or improve the worker morale are: 1. Job Factors - Nature of job, Fatigue and boredom related with the job,
How many constraints are there in a transportation problem which has 5 supply points and 4 demand points?
Explain Dummy Activity. Every project has a number of job operations or tasks that are termed as activities. An activity is a component of a project and this may be a process,
There is sometimes a perceived conflict between earning profit and being responsible. What should CanGo do about adding violent games to their product mix? What impact might this h
How will you influence people to strive willingly for group objectives in our organization (target baes industry)?Apply your interpersonal influence through communication process t
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