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Answer the following questions using the information below:
North Ryde Optics sells optical equipment.Vision Lenses manufactures special glass lenses.North Ryde Optics orders 10 400 lenses per year,200 per week at $20 per lens.Vision Lenses covers all shipping costs.North Ryde Optics earns 30% on its cash investments.The purchase-order lead time is 2.5 weeks.North Ryde Optics sells 250 lenses per week.The following data are available:
Relevant ordering costs per purchase order
Relevant insurance, materials handling, breakage,
and so on, per year
-What is the reorder point?
Mindful Thinking
Involves maintaining a moment-by-moment awareness of our thoughts, feelings, bodily sensations, and surrounding environment with openness and non-judgment.
Corporate Hierarchy
Corporate hierarchy refers to the structured ranking of positions within a company, determining the flow of decision-making and authority.
Visibility
The degree to which an individual's activities, accomplishments, or status are known and acknowledged by others, particularly in a professional context.
Networking
The act of creating, maintaining, and expanding a group of acquaintances or professionals to share information, resources, and opportunities.
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