19.The A&M Hobby Shop carries a line of radio-controlled model racing cars. Demand for the cars is assumed to be constant at a rate of 40 cars per month. The cars cost $60 each, and ordering costs are approximately $15 per order, regardless of the order size. The annual holding cost rate is 20%. 1. Determine the economic order quantity and total annual cost under the assumption that no backorders are permitted. 2. Using a $45 per-unit per-year backorder cost, determine the minimum cost inventory policy and total annual cost for the model racing cars. 3. What is the maximum number of days a customer would have to wait for a backorder under the policy in part (b)? Assume that the Hobby Shop is open for business 300 days per year. 4. Would you recommend a no-backorder or a backorder inventory policy for this product? Explain. 5. If the lead time is six days, what is the reorder point for both the no-backorder and backorder inventory policies?
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If a society decides to produce consumer goods from its available resources, it is answering the basic economic question
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Type the correct answer in the box. spell all words correctly. what could be the cause for robert’s symptoms? every time a project deadline approached, robert became agitated, angry, and suffered from frequent headaches. his manager concluded that he was suffering from .
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Iceberg storage, a leading hard drive manufacturer, recently filed for bankruptcy. while most of iceberg's competitors were shifting away from physical data storage devices toward online cloud storage services, iceberg invested most of its retained earnings in the effort to improve its hard drives. once the hard-drive market drastically declined, iceberg storage was unable to capitalize on the new technology. which of the following does this scenario best illustrate a. causal ambiguity b. knowledge diffusion c. social complexity d. path dependence
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19.The A&M Hobby Shop carries a line of radio-controlled model racing cars. Demand for the cars...
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