combining the demand of certain regions or products to have an optimized solution to minimize the total cost by trading off the increased distribution cost and warehouse cost with reduced inventory holding cost Calculating the annual inventory and distribution cost of the current distribution system: In the current system‚ the Product types 1‚ 3 and 7 are distributed from 5 Regional Distribution centers. The mean demand per day and the standard distribution for each region is given product wise.
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Polluter’s dilemma case Name Institution The stakeholders in the scenario are the fishes in the lake. Due to the increased and continuous toxic from the industries that drain in to the river and into the lake‚ the fish might be declared unsafe for human consumption. This is according to the report quoted in the newspaper from a scientist from the university and an environmental group is watching it. Another stakeholder affected in the proposed application of the new technology is the company
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has been using the Qualitative method rather than Quantitative method. 2. What is the importance of accurate forecasting for YFHC? Justify with case specific information and avoid general comments. (5 marks) (max.150 words) 3. What should be an appropriate forecasting horizon (duration)? Justify with one specific example connected to the case. (5 marks) (max. 150 words) 4. Please draw the graph of 4 years demand data and write down your observations (5 marks) (max.100 words for observations)
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5 tons 1800 Barley 2.2 tons 2200 Constraints: Thus mathematical model is: Maximize: Subject to: Solving the problem using solver of MS Excel we get the solution as follows: Variable Solution 547.21 544.90 422.71 311.34 373.84 65.52 65.52 0.00 Variable Max. Profit Solution 0.00 0.00 586.66 376.95 35.33 0.53 0.53 315862.07 Crop Plan Parcel Cultivation Area (Acre) Wheat Alfalfa Barley Total Area Southeast 547.21 65.52 586.66 1199.39 North 544
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not certain just ask an elder what it was like to type a paper or wait all day for a phone call without modern day technology. The progression of artificial intelligence has made many aspects of our lives easier than the day of our parents. In spite of there benefits however‚ there are of course some faults with in the growing of artificial intelligence. Research shows that there are numerous effective usages for modern day technologies. This technology affects our everyday lives in various ways
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fundamental characters being frequently ethical in nature‚ and morality often viewed as a derivative of religion. However‚ the relationship is not as clear cut as many people would like you to believe. A very old and important dilemma facing this relationship is the Euthyphro dilemma‚ discussed in Plato’s Euthyphro. In it‚ Socrates and Euthyphro argue about the nature of morality outside of a court. Socrates is being prosecuted for impiety‚ while Euthyphro is charging his father with murder. Although charging
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Reference: Hülsmann‚ M.; Grapp‚ J.: Dilemmas of a Sustainable Strategic Management - Options for a Corporate Balancing Efficiency and Sustainability by Autonomous Cooperation in Decision Making Processes. In: Melnyk‚ L. (ed.): Mechanism of Economic Regulation‚ 2/2005‚ pp. 66-79 Title: Dilemmas of a Sustainable Strategic Management Options for a Corporate Balancing Efficiency and Sustainability through Autonomous Co-operation in Decision Making Processes Authors:* Prof. Dr. Michael Hülsmann
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------------------------------------------------- A ------------------------------------------------- Case Study ------------------------------------------------- On ABRAMS COMPANY ------------------------------------------------- Of ------------------------------------------------- Management control System ------------------------------------------------- ------------------------------------------------- Presented to
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1. Describe in words how costs are assigned in the Wilkerson’s current costing system. Discuss the pros and cons of this system. Wilkerson uses a simple traditional cost accounting system in which each unit of product is charged for direct material‚ direct labor and overhead costs. Material cost is based on the prices paid for component under annual purchasing agreements. Labor cost is charged to products based on the standard run times for each product. Labor rates‚ including fringe benefits
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Professionalism & Ethics October 1‚ 2012 Ethical Dilemmas Chapter 8 Situation 4 In this situation if the I was the prosecutor I would waive the juvenile back to juvenile court. Also‚ I would charge the individual in the juvenile court with assault‚ not murder. The 12 year old committed the crime with his older brother and should not be fully liable for the actions that took place. I feel like maybe I am acting on my own conscious‚ but a 12 year old boy who did not even commit murder should not
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