Calculate the average inventory level under the new policy.. [ad_1]
a Using TVM principles, determine which of the alternatives would you recommend if you were told the objective of the firm was to minimise the costs to shareholders?
b Are there any ethical issues that might cause you to modify your conclusion? Why might ignoring such an issue have a negative effect on shareholder wealth?
a Calculate the optimal order quantity of lanolin.
b Identify the number of orders that will be placed each year.
c Determine when new inventory should be ordered.
d Calculate the average inventory level under the new policy.
e Prepare a report that explains the methodology you have used and discuss your results.
f Recommend which supplier should be used.
3. a. Suppose that Looking Good has a total budget of $60 million. How should it prioritise these projects?
b. Suppose that Looking Good currently has 12 research scientists and does not anticipate being able to hire any more in the near future. How should Looking Good prioritise these projects?