Continuing with the Information About Enviroguard in Another Problem,the Company

question 34

Essay

Continuing with the information about Enviroguard in another problem,the company could make this chemical in-house at the rate of 1/8 = 0.125 gallon per day,at a cost of $300 per gallon.The setup cost is $150.Using a 7-day week,the daily demand,d,is 1/21 = 0.0477.Compare using the EOQ and the ELS systems.What course of action do you recommend?

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Definitions:

Reorientation

The process of helping an individual become aware of their time, place, and person details, often used in cognitive therapy or after disorientation.

Anxious and Agitated

Feeling nervous, worried, or uneasy, combined with an inability to stay still or calm.

Acknowledge Reality

The act of recognizing and accepting the true nature of a situation or one's own experiences without denial or avoidance.

Verbal Communication

The process of sharing information, thoughts, or feelings using words, either spoken or written.