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Weekly demand for a Motorola cell phone at a Best Buy store is normally distributed, with a mean of 200 and standard deviation of 150. Best Buy has a policy of ordering the cell phones in lots of 500. Motorola takes two weeks to deliver an order. If Best Buy is targeting a CSL of 95 percent and monitors its inventory continuously:
a. How much safety inventory of cell phones should Best Buy carry?
b. What should its ROP be?
If Best Buy is targeting a fill rate of 99 percent and monitors its inventory continuously:
c. How much safety inventory of cell phones should Best Buy carry?
d. What should its ROP be?
Successive governments in the country of Rainland have tried to overcome the social costs associated with the closure of certain high profile home-based companies by taking them into public ownership. As a result, a variety of nationalized companies ..
A local market research firm has just won a contract for several thousand small projects involving data gathering and statistical analysis. In the past, the firm has assigned each project to a single member of its highly trained professional staff.
Find two programs to facilitate web-based collaboration. What does it do well? What does it not do well? What features are available (e.g. file sharing, whiteboards, chat, video conferencing, etc.)?
South Carolina Furniture Inc. produces all type of office furniture. The Executive Secretary is a chair that has been designed using ergonomics to provide comfort during long work hours.
A video journalist is someone who performs all jobs previously done by a traditional news team - from operating the camera to reporting the story.
Using the eight steps for developing selection measures outlined in your book, develop a time line for creating a new selection measure. If you were to begin today, explain when your new selection measure might be ready for use. Be realistic in your ..
How might mission and vision influence organizational design?
Analyze the given scenario and identify the best method for deriving duration estimates for project activities. Why did you think the one you selected is better than the other methods
Wild west,Inc., is a regional telephone company that inherited nearly 100,000 employees and 50,000 retirees from AT&T.
A firm is considering investing in a new project with an upfront cost of $400 million. The project will generate an incremental free cash flow of $50 million in the first year and this cash flow is expected to grow at an annual rate of 4% forever. If..
How many defectives do you need to find (or more) in a sample of 20 so that you will shut down the line. You want to be 95% sure that there is a real problem beyond random noise before you shut down the line.
What are some of the components of these cultures that you need to understand from a business standpoint. How are they different in each country
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