Reveliotis Solutions to Homework 1 A. Chapter 2‚ Problem 4. (a) D = 60 units/wk × 52 wk/yr = 3120 units/yr h = ic = 0.25/yr ×$0.02 = $0.005/ yr A = $12 2AD 2 × 12 × 3120 Q∗ = = = 3869.88 ≈ 3870 h 0.005 The time between orders is given by 3870 Q∗ = = 1.24 yr = 14.88 mo T∗ = D 3120 (b) D 3120 units/yr = $12 = $9.67/yr Q 3870 units Q 3870 units Holding cost is h = × $0.005/yr = $9.675/yr. 2 2 The costs are essentially the same. This is always true in the case of the EOQ
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I put Cookie in a basket and the three of us strolled out the door‚ with myself at the head of our trio‚ and towards the town square. When we reached it‚ I saw Haggis sitting in a springy velvet chair eyeing us as we walked up. “It’s the runaway‚” he laughed
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Meritxell Camós‚ Grup B6 CASE STUDY - 1 CAN “KNIGHTS APPAREL” SATISFY ALL OF ITS STAKEHOLDERS & SURVIVE? CASE QUESTIONS: 1. Who are the primary stakeholders of Knights Apparel? As we know‚ a primary stakeholder is one whose personal or financial situation is directly affect by the performance of a business. In other words‚ people directly benefiting from or affected by a particular business activity. As we can read from the text‚ Knights Apparel is a private company managed by Joe Bozich‚ the
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Giant chart What is a Gantt chart? A Gantt chart is a bar chart used to illustrate a project schedule‚ including start and finish dates of activities and a summary of activities of a project. These activities form what is usually called the work breakdown structure of a specific construction project. Gantt charts serve as an excellent tool to show updated schedule status using actual complete shadings and vertical line representing the actual date. Gantt charts sometimes are prepared showing precedence
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The Radiology department would like to expand from its current capacity to keep up with the rising demand of medical imaging in the area and to keep with the new technology that is changing medical imaging and medicine in general. The current radiology department has about six full time employees and three part time employees. The new expanded department will have about twelve fulltime employees and six part time employees. The radiology department is going to add a computerized tomography machine
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Phase 4 Case Scenario Contents Abstract................................................................................................................. 2 Double Jeopardy....................................................................................................3 Case Scenario-Robbery and Assault…………………………………………….3 Theory of Punishment……………………………………………………………6 Conclusion………………………………………………………………………..7 References..................................................................
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Case Report : Kristen’s Cookie Company (A1) [pic] Key Questions 1. To know the time it will take us to fill a rush order‚ we have to know how many dozens the rush order requires. If it is only one dozen‚ we need 6 minutes for the washing and mixing steps‚ 2 minutes for the spooning‚ 10 minutes for the whole baking‚ 5 minutes to cooling down‚ 2 minutes for the packing and 1 minute for the payment. That is to say : 26 minutes. If we consider the order requires N dozens : we always need
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In 2014‚ a digital billboard company wanted to install a 180-foot billboard on the northwest corner of Loop 101 and Bell Road. This land belongs to the city of Glendale‚ however‚ the boards would be placed near Peoria neighborhoods. Though Glendale allows billboards along their portion of the Loop 101 near their sports venues‚ Peoria does not allow billboards‚ at all. Peoria leadership met with Glendale’s mayor and other leadership members to discuss our concerns. Glendale saw the billboards as
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Aloha products Aloha Products is a United States-based coffee-processor company that has been providing non-specialty and low-priced coffee for over a hundred years. It purchases the raw materials or what buyers and sellers refer to as “green coffee” from brokers and trade firms then processes the coffee and sells the final product to customers. Large companies such as Nestle and P&G directly import the unprocessed or green coffee beans from coffee plantations in tropical countries such as Brazil
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KRISTEN ’S COOKIE COMPANY (A1) The overview of the process: QUESTION 1 If we make a table‚ we can see that the minimum time to fill a rush order is 26 minutes. ACTIVITY RESOURCE TIME START TIME FINISH TIME Order Entry E-mail 0 minutes 00:00 00:00 Wash Bowl‚ Mix Self 6 minutes 00:00 00:06 Fill Tray Self 2 minutes 00:06 00:08 Start Oven Roommate 1 minute 00:08 00:09 Baking Oven 9 minutes 00:09 00:18 Remove Roommate 0 minutes 00:18 00:18 Cool None 5 minutes 00:18 00:23
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