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The information technology department of State University buys paper for its copier machine frequently. The office manager would like to determine the best quantity to order each time an order is placed. She has estimated that the ordering cost is $12 each time an order is placed. The monthly demand for paper is 135 reams (500 sheets to a ream). The cost of paper is $6.50 per ream, and the carrying cost is 25 percent of the paper cost per month. Base your answers to the following questions on the economics that are provided and using the traditional inventory models we have studied.
An assembly line currently has five workstations and the time required for each is shown below. 1: 48 seconds, 2: 38 seconds, 3: 44 seconds, 4: 56 seconds, 5: 42 seconds what is th
Solve the following problem for the optimal number of clerks: There are approximately 300 customers shopping in Fackert Department Store in Mexico City between 9 a.m. and 5 p.m.
methodolgy of operation reseach
Increasing the size of the samples in a study to estimate the difference between two population means will increase the level of confidence that a decision maker can have regarding
What are the steps for process improvement? And examples of companies that have used this.
a firm isconsidering replacement of a machien, whoes cost price is rs 12200 and scrap value is rs 200 the running cost is rupee given below year running cost 1 200 2 50
Product contamination is a catastrophic event, both for the organization at fault and for the victims. Cases of product contamination frequently make the news. Find an example o
Alabama Airlines opened its doors in June 1995 as a commuter service with its headquarters and only hub located in Birmingham. A product of airline deregulation, Alabama Air joined
How will learning managerial problem solving help you later in life in you job?
What does the term product positioning refer to? A careful analysis of cross tabulations Shelf locations in major chain, grocery, and department stores Geographic segmenta
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