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Which country do you recommend for the firm’s FDI location for production of the firm’s products for its worldwide sales? Note that production for the firm’s devices will largely be line production employing workers primarily from the lower income (class) group of the population.  Explain your choice by using at least 3 relevant reasons by evaluating the information given in the case and the implications of each country’s cultural characteristics compared to the other country. Any characteristic common to both countries cannot be used a valid reason for your choice. You may use a table structure & bulleted points to make comparisons and implications of country characteristics. BE BRIEF. and point out what characteristic makes a country more attractive for production and why

The role of the government in a market economy is to

What is the common name for a computer system that integrates application programs in accounting, sales, manufacturing, and other functions in a firm by way of a shared database?

In ABC Printing, Queen’s black is a popular input with an annual demand of 50,000 gallons. ordering cost of $50 per order, and the holding cost is $5 per unit per year; the economic order quantity is 1000. Hence during the year, they used 1000 as the order quantity. An audit of the costs revealed that the true ordering cost was only $25 and the true holding cost was $10 per gallon per year. The correct order quantity would have been 500. How much did ABC lose due to incorrect cost information during the year?

If annual demand is 50,000 units, the ordering cost is $25 per order, and the holding cost is $5 per unit per year, which of the following is the optimal order quantity using the fixed-order-quantity model?

The least unit cost method (LUC) lot-sizing technique calculates the order quantity by comparing the carrying cost and the setup (or ordering) costs for various lot sizes and then selects the lot in which these are most nearly equal.

In an MRP problem, A is an MPS item. Every A requires 2 B’s and 3 C’s. Every B requires 5 C’s. All lead times are two periods. Initial inventory values for A is 100, B is 200 and C is 0. Use lot-4-lot method for order quantities for all items. If gross requirement for A is 800 in period 9, what will be the planned order release for B in period 5?

In a Gantt chart, the horizontal axis is usually which of the following?

Assuming no safety stock, what is the reorder point ( R) given an average daily demand of 50 units, a lead time of 10 days, and 625 units on hand?

In most cases, demand for products or services can be broken into several components. Which of the following is considered a component of demand?