A company governed by an EOQ system decides to move in a more lean direction and hopes to reduce their Q as much as possible. What specific steps might be taken to help them in their journey towards a Q = 1?
What will be an ideal response?
Starting with the EOQ equation, the company can reduce D and S while increasing H (they can't do much about 2). Of these three parameters, reducing D is probably the least attractive option if it represents a decline in demand for their products. Reducing S is an excellent way to proceed; making it easier for orders to be placed by working with suppliers, implementing automated ordering systems, blanket purchase orders, etc., can significantly reduce S and Q. Increasing H is a more philosophical move; if the company president broadcasts the sentiment that inventory is evil and there will be consequences for holding it, then the value of H has been virtually raised without playing financial games. Removing storage space or entire warehouses would make it more expensive to hold inventory.
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To create change, transformational leaders ______.
A. focus on the task at hand B. become strong role models for their followers C. value out-group members’ opinions D. leave followers to work on their own
Explain the right of performance
What will be an ideal response?
Which sentence uses apostrophes correctly?? A) ?A companies' financial data must be presented to all shareholders in the stockholders' annual report
B) ?A company's financial data must be presented to all shareholders in the stockholders' annual report. C) A companys financial data must be presented to all shareholders' in the stockholders annual report.
The Fair Debt Collection Practices Act prohibits which of the following practices?
a. A debt collector falsely representing himself as a lawyer b. A debt collector telephoning the debtor at 8:00 a.m. c. Visiting a debtor at work if the employer permits personal visits d. Using neighbors to locate the debtor