1. Answer in 250-300 words. Identify the five main types of actions which a company can choose from in crafting a social responsibility strategy.
2. The Friendly Sausage Factory (FSF) can produce hot dogs at a rate of 5,000 per day. FSF supplies hot dogs to local restaurants at a steady rate of 270 per day. The cost to prepare the equipment for producing hot dogs is $66. Annual holding costs are 45 cents per hot dog. The factory operates 291 days a year.
a. Find the optimal run size.
b. Find the number of runs per year.
c. Find the length (in days) of a run.