The Manhattan Shoe Co. maintains an inventory of shoes in a warehouse they rent locally. The monthly demand for shoes is 930 units. The shoes cost $35 per pair and the replenishment order is placed when the inventory reaches a certain level. The cost of placing the replenishment order is estimated to be $21. The annual inventory holding cost for each pair of shoes is 28% of the cost of the item. a. Based on the above data, calculate the EOQ for the All Star Shoe Co.
b. Based on the above data, calculate the corresponding total cost purchase lot (TCp).
c. How valid are the assumptions for the simple EOQ model?

You are the new chief information officer for the video-game developer, necturus games. the company has recently undergone a major expansion of its primary product, and you must staff up the is department and determine the best way to develop new game "capsules" for the game, "escape velocity."

Dan wants to start a supermarket in his hometown, and wants to get into the business only after finding out about the market and how successful his business might be. the best way for dan to gain knowledge is to:

Lillypad toys is a manufacturer of educational toys for children. six months ago, the company's research and development division came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. what should lillypad's managers prepare for next? a. increased competition from imitators b. a prolonged period of uncontested success c. a sharp decline in demand for the product d. a difficult struggle to move from invention to innovation