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1. In Human Resources, qualitative and quantitative evaluation measures are used often. How might you use this data from a workforce planning perspective? (200 words or less)

2. A local bookstore turns over its inventory once every two months. The bookstore’s annual cost of holding inventory is 31%. (Round your answer to 2 decimal places.) What is the inventory holding cost (in $) for a book that the bookstore purchases for $8 and sells for $15?

3. A bicycle manufacturer purchases bicycle seats from an outside supplier for $20 each. The manufacturer’s inventory of seats turns over 1.2 times per month, and the manufacturer has an annual inventory holding cost of 32%. (Round your answer to 2 decimal places.) What is the inventory holding cost (in $) for a bicycle seat?

Operation Management, Management Studies

  • Category:- Operation Management
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