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A manager just received a new price list from a supplier. It will now cost $1.00 a box for order quantities of 801 or more boxes, $1.10 a box for 200 to 800 boxes, and $1.20 a box for smaller quantities. Ordering cost is $82 per order and carrying costs are $10 per box a year. The firm uses 3,650 boxes a year. The manager has suggested a "round number" order size of 800 boxes. The manager's rationale is that with a U-shaped cost curve that is fairly flat at its minimum, the difference in total annual cost between 800 and 801 units would be small anyway. What order size would you recommend? (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number.)
Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given 10 marks in the matrix below. Determine the optimal assignment. Which operator will have no a
Considering Strategic Choice - Operation Strategy (Strategic analysis will be covered in Strategy - Analysis and Evaluation). The following points are an extract from Port
The traffic manager of a monarch Elactric Company has just received a rate of reduction offer from trucking company. The proposal ia a rate of $3 per hundredvweight (cwt). if a min
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Why is it important to continuously update the implementation and communication of a strategic plan?
Since May of 2005, the purchase manager at a department store has been using a 4-period moving average to forecast sales in upcoming months. Sales data for the months of January th
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1. What modification would you suggest in enhancing the existing logistics system?
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