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Consider a periodic review system. Demand averages 240 units per day. Orders are placed every 10 days. The firm strives to provide a 96 % cycle service level. a) How many units of safety stock should be held? b) What should the order up to level be? c) Suppose that it is time to review the item. There are 150 units in inventory. An order for 200 units is on the way, and there is an outstanding back order for 500 units. How many units should be ordered?
You need to develop a labor time estimate for a customer order of 20 network installations. It is estimated that the first installation will require 60 hours of labor, and a l
Assume that you’re the owner and President of a company with 250 employees. The company designs and manufactures steel beams used for bridge and tower construction. In fact, i
OPR 330: Alex has money to invest in some combination of four investments (I1, I2, I3, and I4). There are three scenarios (A, B, and C) that may occur, and each investment w
A beer distributor finds that it sells on average 100 cases a week of regular 12-oz. Budweiser. The demand occurs at a constant rate over a 50-week year. The distributor curre
You are the marketing director for a McDonalds. The company has decided to introduce its new premium burger through social media. Write a short message that you would post to
You are preparing to buy a car that costs $36,000. You can pay for the car using an auto loan from the car manufacturer or using money from your home equity line of credit (HE
Many marketers now believe that teenagers in the developed countries are becoming “global consumers.” That is, they all want and buy the same goods and services. Do you agree
What stage Describe why private health insurance coverage has decreased over the past decades, creating the uninsured/underinsured crisis? Who are the uninsured? /activity is
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