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A refinery in Houston replaces all of the 3" full-open ball valves in its facility according to a very strict maintenance policy which spaces replacements fairly uniformly throughout the year. The refinery has approximately 1000 of these valves in place and safety regulations call for annual replacement. Ball valves are priced according to the schedule below. It costs $30 to place an order for valves and spare parts carrying costs are estimated at $7 per valve per year.
AMOUNT PRICE 1 to 75 $22.50 76 to 119 20.00 120 + 18.25
What order quantity will enable the refinery to achieve the lowest total cost for the year in purchasing the 3" ball valves?
The stage in the product life cycle labeled A in the below figure is called introduction. maturity. growth. diversification. decline.
eloberate manufacturing process technology with its types. project,jobshop,batch,assembly line,contineous..?
Please explain in detail what you would do any why for the following scenario: You have just finished a large scope of work and an important subcontractor has sent you her bill. Up
Q1 Evaluate the service to club members and casual flyers by completing a table similar to Table 3.1. Q2 Chart the five performance objectives to show the dif¬fering expectations
1. Describe The History And Core Business Of Each Company Kodak And Fujifilm. 2. Determine what other management differences have impacted the relative success of Kodak and Fuji
implantation of operation strategy
When a contract is drawn up that becomes void due to illegality, do you believe that it involves the commission of a crime? Has a crime been committed by either party since the con
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Calculate the standard production per shift of 8 hours duration with the followings data: Observed time per unit 5 minutes Rating factor 120 % Total allowances 33.3
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