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A company that makes kitchen faucets has found that demand for its model faucet is fairly constant at the rate of 100,000 units per year. Each model of faucet is made using the same equipment, and it costs $100 in lost production and scrap every time a change is made from producing one model of faucet to another. The cost of materials and labor in each faucet is $40, and the inventory holding cost is 25 percent of this per unit per year. If faucets are produced at the rate of 1,000 per day.
a. How many should be produced in each production run based on 250 working days per year?
b. What is the maximum inventory level?
c. How many days does it take to produce in a round?
Discuss the breakeven point. What is the breakeven point? Why does a small business need to do a breakeven analysis?
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In 2007, the Cartoon Network was fined for public disruption of the Bostonian transportation system while using a new form of public relations called: Answer > Guerilla advertising
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I feel like there is not enough information to even start. Can someone help explain what to do? Maybe if I can start, then I can do the rest on my own.
The relational database model gained popularity and many proponents during the 1980's and 1990's, a period of time in which IT organizations were seeking to consolidate data from m
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