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The daily demand for a product is 17 units with a standard deviation of 2.6 units. The review period is 30 days with a lead time of 14 days. Management has a set policy of satisfying 95% of demand from items in stock. At the beginning of the review period, there are 120 units in inventory. How many units should be ordered?
GSK has featured its robust ethics and compliance program, even a "3rd Party Code of Conduct" for suppliers. What went wrong. What are the main external and internal factors that encouraged the GSK bribery scandal in China
Would you recommend changing the current production lot size? Why or why not? How much could be saved by converting to your production lot size recommendation?
What behaviors develop or elicit trust? What behaviors destroy trust? Can there be too much trust?
Find a real-life case study about a project that overran its original cost estimate. What do you think is the reason for the cost overrun for the project? Which cost estimating methods or other corrective actions could have been used to avoid the ove..
1) EXPLAIN WHY KEEPING A LONG TERM FOCUS IS KEY TO QUALITY IMPROVEMENT. 2) WHY MIGHT IT BE DIFFICULT FOR SOME FIRMS/ORGANIZATIONS TO STAY FOCUSED ON THE LONG TERM? 3) WHAT ARE THE OBSTACLES TO LONG TERM THINKING?
Choose a country and then explain the way in which some of the restrictions set by customs have had a negative effect on the import/export business.
A barbecue sauce producer sells their product in a 40 ounce bottle. Their historical process mean has been 40 ounces with a standard deviation of 0.5 ounces. If their tolerance limits are set at 40 ounces plus or minus 2 ounce, what is the process ca..
Personal Trainer, Inc. owns and operates fitness centers in a dozen Midwestern cities. The centers have done well, and the company is planning an international expansion by opening a new “supercenter” in the Toronto area. Personal Trainer’s president..
You work in the HR Department of an electric power company in the southwestern region of the U.S. The company was founded in 1940 and has an excellent reputation as a provider of electricity. Identify the information needed to develop a template that..
How many units should Emerson order for the coming holiday season?
What are the ethical issues in this case. Describe. Analyze the ethical issues by applying several course concepts and theories
Design a knowledge application system to support your business needs. Describe the type of system and the foundation technologies that you would use to develop such system. What are some of the intelligent technologies that enable those systems?
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