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ABC distributors has an annual demand for an airport metal detector of 1,400 units. The cost of a typical detector to ABC is $400. Carrying cost is estimated to be 20% of the unit cost, and the ordering cost is $25 per order. If the owner orders in quantities of 300 or more, he can get a 5% discount on the cost of the detectors. Should ABC take the discount?
What are various decision criteria for deciding a location for a business setup? Explain these decision criteria with reference to a location decision for setting up a
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Recently the managers for a large retail department store stated that a study has revealed that female shoppers spend on average 23.5 minutes longer in the store per visit than do
Information is so important that owning one could be the sole deciding factor in gaining advantage or winning, may it be in academics or market share. Acquiring information is not
Production control Function 1. Dispatching : Dispatching may be defined as setting production activities in motion through the release of orders ( work order shop order)
Why is the celebration of milestones important when implementing major change? Explain your position
Related to the arrangement of the work place: 1. There should be a definite and fixed place for all tool sand material. 2. Tools materials and controls sho
How can human resource management contribute to a company's success?
Which one of the following is NOT one of the basic elements of the strategic management process A. Strategy formulation B. Strategy implementation C. Statistical process control D.
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