Eight Flags operates several amusement parks in the Midwest. The company stocks machine oil to service the machinery for the many rides at the parks. Eight Flags needs 30,000 gallons (D) of oil annually; the parks operate 50 weeks a year. Management is unsatisfied with the current supplier of oil and has obtained two bids from other suppliers. The data are contained in the following table.
|
Annual Freight Costs |
|||||||
|
Shipping Quantity (Q) |
|||||||
|
Supplier |
5,000 |
10,000 |
15,000 |
Price/Unit (p) |
Annual Holding Cost/Unit (H) |
Lead Time (L) (wks) |
Annual Administrative Cost |
|
Sharps |
$5,000 |
$3,600 |
$3,300 |
$3.70 |
$0.74 |
5 |
$5,000 |
|
Winkler |
$5,600 |
$4,100 |
$3,600 |
$3.90 |
$0.78 |
3 |
$4,000 |
Which supplier and which shipping quantity will provide the lowest costs for Eight Flags?
Using ______ and a shipping quantity of ______ is the lowest cost alternative, with annual total costs to Eight Flags of $__________ .
In: Operations Management
What could be some examples a clothing business could use forecasting in the following categories: -Technological forecasts-rates of technological change
-economic forecasts-predicting changes of business cycles
-business forecasts-predicting demand
Thank you in advance!
In: Operations Management
Retailing Management: chapter 15 question 6 DQP
What are the advantages and disadvantages of the different forms of compensation programs described in this chapter? Considering the disadvantages only, how can department managers lessen the effects of the disadvantages?
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Develop a comprehensive Code of Ethics that you feel should be adopted throughout this nation. How should the USA as a country operate?
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Choose an organisation and a particular decision situation due to the current Pandemic.
Give examples using this context, of each step in the decision-making process(1. Clarify the decision problem, 2. Specify the criterion, 3. Identify the alternatives, 4. Develop a decision model, 5. Collect the data and 6. Select an alternative). This should include a summary of the nature and history of the company, Background elements of the decision selected and what circumstances have resulted in the decision needing to be made, he possible effects of the selected decision, if implemented and use of Quantitative data.
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2. Take a position, either pro or con, on Christie's decision to kill the ARC. Develop arguments to support your point of view.
3. In your opinion, how clearly must a large infrastructure project like ARC have determined its need, costs, and so forth before being approved? If the criteria are too stringent, what is the implication for future projects of this type? Would any ever be built?
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Marketing question
The Coronavirus pandemic is taking a heavy toll on businesses. Referring to Chapter 2, how should businesses respond to their strategic marketing planning for both short-term and long-term?
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Explain how small executive functions (updating, flexibility, and inhibition) contributes/influences large executive function (reasoning, problem-solving, planning)?
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You and two other coworkers work in the design department for Fun Inc, a company that produces high quality toys for kids. During the process of finalizing the design for a new toy, the other two coworkers begin having negative conflict as they try to finalize the design of the new toy before an imminent deadline. One team member insists on making the toy with maximum quality and the other is focused on making the toy at the lowest cost. One of the team members is getting frustrated and feels that the team should be making better progress. The team member asks you for suggestion. What would you suggest the team to do in order to be more effective?
Discussion Questions
1. What type of conflict is the team experiencing in this scenario?
2. Using the conflicting resolution styles listed on p.8 of the Powerpoint, which approach would you use to address this situation? Why?
In: Operations Management
this is for English 4
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Create original emails and memos in proper business format and
etiquette. Create two emails and one memo. Each one is worth 20
points.
Research companies that you are interested in and imagine that you
hold a position in that company.
Write one email to a colleague asking for help with a
project.
Write one email to your boss asking to be included in future
projects which may be a bit beyond the reach of your
experience.
Write a memo from Human Resources announcing a new policy or event,
or write a memo that informs your colleagues of a study or project
that you have become involved in.
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Address these questions in full paragraphs based on the idea of a smart shopping cart that will be implemented in grocery stores in the U.S. where tablets are connected to the carts to provide customers a store layout, self checkout, stock availability and where one is able to sync their phones for grocery lists and etc.
For marketing and distribution of the product, How will you price your product or service? How will you advertise your product or service? How will
sell and deliver your product or service to your customers?
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Considering the five quantitative approaches, randomized experimental approach, comparative research approach, phenomenological approach, descriptive approach and the grounded theory approach pick two approaches, and explain them both.
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YOU MUST read the "UNITED STATES' BRIEF IN SUPPORT OF ITS PROPOSED FINDINGS OF FACT AND CONCLUSIONS OF LAW" case, a pursuant to the antitrust prosecution of Dentsply International, Incorporated. The Antitrust Division of the Justice Department, in a complaint filed in 1999, alleged that Dentsply violated §1 and §2 of the Sherman Act and §3 of the Clayton Act. Read the Brief filed by the DOJ in 2002 and answer the following questions:
6. How did Denstply violate §3 of the Clayton Act, according to the government?
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how can i make my career portfolio ? give any example of any public job, and what are contents of career portfolio
In: Operations Management