Q* = 75 R | 600 | Annual interest | 0.24 | Unit cost | 25 | K | 85 | H | 18.0 | Q* | 75.28 | Q* = 75‚ Annual Total Cost = 1‚355.00000 Q* = 76‚ Annual Total Cost = 1‚355.05263 b. Number of orders per year = R/Q* = 600 / 75 = 8 c. Holding Cost(month) = 56.25 | (Yearly) | (monthly) | Holding Cost | 675.00 | 56.25 | d. According to total cost and purchase cost‚ PBK should make a deal with the current supplier. | AS-IS | TO-BE(Q*) | R | 600 | 600 |
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Consider the importance of the four Vs‚ volume‚variety‚variation in demand and visibility.how do they affect the organisation’s operation? What advantages does the organization gain from them?what disadvantages arise from tem? What strategies and actions does the organization employ to maximise the benefits and minimize the problems associated with them. Volume – the Fyodorov method is devoted to a single type of eye surgical procedure carried out at high volume. Conventional eye surgery is likely
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Complete Solutions Manual GENERAL CHEMISTRY NINTH EDITION Ebbing/Gammon David Bookin Mt. San Jacinto College Darrell D. Ebbing Wayne State University‚ Emeritus Steven D. Gammon Western Washington University HOUGHTON MIFFLIN COMPANY BOSTON NEW YORK Vice President and Executive Publisher: George Hoffman Vice President and Publisher: Charles Hartford Senior Marketing Manager: Laura McGinn Development Editor: Kate Heinle Assistant Editor: Amy Galvin Editorial Assistant: Chip
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director of supply management of EMC to explore and exploit all the available option to cut the expense in order bolster their business. 1. What actions should Sally take to reduce inventories by 10 percent? Reducing inventories by 10 percent can’t be met by focusing on any single aspect of business but need a holistic approach. There are many approaches available for reducing inventories and Sally should exploit all the opportunities. As a director of supply management‚ Sally can study the
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“Managing a virtual workplace‚” Academy of Management Executive‚ 14 (3)‚ Aug. 2000‚ pp. 81-90. Chidambaram‚ L.‚ and Jones‚ B.‚ "Impact of Communication Medium and Computer Support on Group Perceptions and Performance: A Comparison of Face-to-Face and Dispersed Meetings‚" MIS Quarterly (17:4)‚ 1993‚ pp. 465-516. Cox‚ T.‚ Lobel‚ S.‚ and McLeod‚ P.‚ "Effects of ethnic group cultural differences on cooperative and competitive behavior on a group task‚ " Academy of Management Journal‚ 34‚ 827–847‚ 1991. Dash‚
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QUESTION 1: Exercise 1 A small firm produces two qualities of a product – Standard and De-Luxe. The contribution per unit is £100 for the Standard and £300 for the De-Luxe. Each model requires 1 hour per unit in the machine shop and 40 machining hours are available per week. The Standard model can be assembled and finished in 2.5 hours per unit but the De-Luxe takes 10 hours per unit. There are 200 hours per week available for assembly and finishing. Market research suggests that the maximum
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AGUILA RECOVERY MANAGEMENT INC. #5 East Capitol Drive Cor. Sta Rosa St. The Praxedes Place Bldg. Brgy Kapitolyo Pasig City Trunk line Number (02) 634-6758 / 636-3238 EMAIL : rojh.aguila@armcollections.com January 7‚ 2013 MPA 0004 - 12 Ms. Virginia F. Ladao 107 A 7th Ave. East Rembo Makati City Re: Metrobank Visa Card: 4055987627435005 Dear Ms. Virginia‚ This is to inform you that your request for payment
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Chapter Outline Work Measurement OM Spotlight: Work Measurement Activities in Roller Coaster Maintenance Time Study Methods OM Spotlight: Job Description— City of Phoenix‚ Arizona Operations Analyst for City of Phoenix‚ Arizona Predetermined Time Standard Methods Learning Curves Practical Issues in Using Learning Curves Solved Problems Key Terms and Concepts Questions for Review and Discussion Problems and Activities Cases Rehabilitation Hospital of Florida The State versus John Bracket Endnotes
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II S tandard d eviation o f weekly d emand SKU service level WC219 $0.15 13‚000 WC008 1.20 22‚500 WC916 3.25 400 WC887 0.41 6;200 WC397 4.65 12‚300 WC654 2.10 350 WC007 0.90 225 WC419 0.45 6‚500 WC971 7.50 2‚950 WC713 1 200 1‚500 9 0 p ercent C urrent o n-hand inventory 3 5 calculators Scheduled receipts 2 0 c alculators Backorders Exhibit 12.13 ABC D ata f or Problem 3 3.75 calculators
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differentiate itself in the market Concentrate on using the latest technology in both its new products and new manufacturing processes Problem • There has been a change in the length of the product life cycle. o Products had a life cycle of 8-10 years during the 1970’s and 1980’s. However‚ the company must now contend with product life cycle of two years and less. Causes of the problem: (a) Impact of technology — This is not only because competitors are able to develop alternative products
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