Inventory control Assignment Example | Topics and Well Written Essays - 1250 words

Inventory control - Assignment Example the three wines, Safety Stock cost makes up for the smallest portion of the total cost while procurement costs and Carrying cost make up for the largest portion. The procurement cost is highest for wine 2A-b and lowest for wine 2A-a. The Carrying cost is highest for wine 2A-b and lowest for wine 2A-a.The Safety stock cost is highest for wine 2A-c and lowest for wine 2A-b.The stock-out cost is highest for wine 2A-c and lowest for wine 2A-b. The Total cost is highest for wine 2A-c and lowest for wine 2A-a. 2. Ordering the mean demand is not a wise move because that may not be the most feasible quantity. It may be more or less than the EOQ and therefore lead to higher costs. For example, in the mean demand for the three wines is 256, 180 and 20 while the EOQ has different values. Orders are placed in all the months apart from April, June and August. In the months orders are placed, the orders are of 193 bottles except in December when the order is for 256 bottles. The Total cost is $1,683.75. 2. Ordering costs are the same for all the three alternatives. Carrying costs are highest under the 2% discount alternative while they are lowest under the 1% discount alternative. The 2% alternative also has the highest total cost while the 1% has the lowest total cost. Atkinsons, C., 2005. Advanced Economic Order Quantity. Inventory Management Review, (Online) 2 November. Available at (Accessed 7 June

Workers in America Essay Example | Topics and Well Written Essays - 750 words

Workers in America - Essay Example As the labor movement picked momentum in the second half of the 19th century, many labor unions, like the International Typographical Union, the Knights of Labor, rapidly rose in the US (History.com Staff). Among all, the American Federation of Labor (AFL) emerged as one of the first and dominant federations of labor unions in the US (â€Å"American Federation of Labor†). The purpose of this paper is to discuss the origins, the political and social perspectives, and the major labor activities that the AFL involved in during its lifetime. By the early 1980s, over 42 international labor unions were present in the US (Jones et al. 2). However, labor unions in the US remained feeble over the years. By the late 1870s, mere 3% of the overall labor force and hardly 8% of total industrial workers possessed membership of labor unions (Simkin). In 1881, Samuel Gompers (a Dutch immigrant) and some other local leading skilled workers in specific sectors, like cigar making, carpentry, and printing, established the â€Å"Federation of Organized Trades and Labor Unions† (FOTLU) in the US (Welling). During that era, the Knights of Labor was the largest organization that included many small labor unions and it had played a vital role in some of major labor strikes of the period (â€Å"AFL†). However, the Knights of Labor’s leadership had occasionally supported its rival trade unions which had compromised for lower wages and supplied strikebreakers during other trade unions’ protests or strikes (â€Å"AFL †). The Knights of Labor enrolled even small employers as its members to chase social reform and challenge capitalist ideology. It had little interest in local labors’ issues, like wage scales, qualifications of workers, working conditions, strikes, or particular trades (Jones et al. 2-3). The Knights of Labor lost some crucial strikes which cost the union many members. Especially after the Great Southwest Railroad Strike and the Haymarket Riot of 1986, employers’ opposition