1. A233 parts Weekly demand=32‚LT=1 week‚Price=$18/unit‚Ordering cost=$16/unit Demand per year=32x52=1664 *D=demand‚Q=quantity‚Oc=Ordering cost‚P=Price. EOQ=>Ordering cost= Carrying cost=>(D/Q) x Oc=(Q/2) x P x 23%=>1664/Qx16=(Q/2) x 18 x 23%=>114 A) When Q=EOQ=114‚ Ordering cost=1664/114x16=$233.54 Carrying cost=(114/2) x18 x23%=$235.98 Therefore total cost= Ordering cost + Carrying cost=234+236=$469.52 B) When Q= 64‚ Ordering cost = 1664/64x16=$416 Carrying cost
Premium Customer service Customer Inventory
Federal Express – delivering the goods Kevan Scholes This case study looks at how new business models can create vast improvements in competitiveness. However‚ the models must be suited to the business environment at the time and will have a ‘shelf-life’ as the business environment changes. The case study looks at one on the world’s most successful adopters of a new business model that transformed the airfreight and package delivery sectors worldwide. But the advent of the internet in the mid-1990s
Premium Customer service Customer Business model
is achieved through careful planning and execution. Customers regardless of who they may be deserve the best quality product your department can supply. As part of the planning process‚ it’s important to ensure you have a good understanding of the quality level your customers require and expect from the product you are providing. “Quality is the characteristics of a product‚ system‚ service or process that meet the requirements of customers and interested parties”. Herein lies the key‚ in
Premium Costs Good Management
CUSTOMER SERVICE AT THE MARIGOLD HOTEL1 One bright summer morning in March 2010‚ owner and General Manager George Chacko was in his comfortable second-floor office suite at the Marigold Hotel in the Chanakyapuri area of New Delhi. He had been alerted to a brewing customer service problem‚ and wanted to resolve the issue before it got out of hand. Chacko belonged to a family of real estate developers and entrepreneurs. Over the turn of the century‚ he had noticed that New Delhi lacked sufficient high-quality
Premium Hotel Hotels Star
Period 6 Cuba Known as the first island Christopher Columbus landed on in 1492 claiming the discovery of America‚ Cuba was already inhabited by native Indians. Most of the native Indians soon died off due to disease brought over by the European sailors and settlers. The island came under Spanish rule and African slaves were brought in to work the coffee and sugarcane plantations that supplied a third of the world’s demand at that time. Havana became the capital city from which annual treasure
Free Cuba Fidel Castro
STARBUCKS: DELIVERING CUSTOMER SERVICE Background Case P.1 According to their data‚ Starbucks are not always meeting our customers’ expectations in the area of customer satisfaction. They came up with a plan to invest an additional $40 million annually in the company’s 4‚500 stores‚ which would allow each store to add the equivalent of 20 hours of labor a week. The idea is to improve speed of service and thereby increase customer satisfaction. P.1 Day‚ Starbucks’ senior vice president of
Premium Coffee Starbucks
(digital video recorder) industry with their first mover advantage‚ allowing their customers to record and play back their favorite television programs using their recorder along with a subscription service. Like any successful firm‚ TiVo has had its share of highs and lows. In 2007‚ with their CEO Tom Rogers‚ TiVo had found itself recovering from an all time low in 2005‚ where the company suffered from mass losses‚ low stock prices‚ and the end of an important partnership with DirecTV. TiVo was now
Premium Advertising Marketing Strategic management
What is the difference between the phases of internationalization and of globalization? Internationalization and Globalization are two terms that are often assimilated and sometimes used as synonyms. This is a mistake because these terms have many differences‚ starting with the time they began to occur. Internationalization started as part if the Industrial Revolution between 1870 and 1914‚ whereas globalization is a post 1960’s phenomenon. Other differences between these two terms include their
Free Globalization International trade World Trade Organization
Business Analysis 1.6. Project Initiation 1.7. Project Management 1.8. ITIL Processes that will Applied 1.9. Implementation Strategy‚ Maintenance and Closure. Detailed ITIL Infrastructure and Services Strategy 2. Facilities 2.1. Overview/Introduction 2.2. MDF Specs 3. Schematic diagram 4. General wiring requirements 4.1. Electrical and power requirements 4.2. Voice and data jack location requirements 4.3. Power plant and related HVAC requirements 5. Generator information 6. UPS system
Premium Information Technology Infrastructure Library
SECTION 2: SUPPORT IMPLEMENTATION OF CUSTOMER SERVICE STRATEGIES Activity 4 19/05/2015 04:44PM 1 What level of customer service do you think you should receive from your internal suppliers? Explain why you think this and how high levels of internal customer service will impact on the service provided to external customers. From my internal suppliers I should recieve the same customer service that I should give to customers. I think that it should be like this because they should give me the attention
Premium Customer Service of process Customer service