Hammond Supplies expects sales of 114,629 units per year with carrying costs of $3.76 per unit and ordering cost of $3.34 per order. Assuming the level of inventory is stable, what is the optimal average number of units in inventory

Which type of data does your company collect from customers or potential customers? a. positioning datab. market share datac. primary datad. secondary data select the best answer from the choices provided

Which of the following is false regarding the links between jit and quality? a. jit increases the cost of obtaining good quality. b. as quality improves, fewer inventory buffers are needed; in turn, jit performs better. c. jit reduces the number of potential sources of error by shrinking queues and lead times. d. inventory hides bad quality; jit immediately exposes it. e. if consistent quality exists, jit allows firms to reduce all costs associated with inventory.

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr