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1. The daily demand for 52" plasma TV's at Sarah's Discount Store is normally distributed, with an average of 5 and a standard deviation of 2 units. The lead time for a shipment of TV's is 10 days and is fairly constant. Determine the reorder point (ROP) and safety stock (SS) for a 95% service level.
2. A hospital orders rolls of gauze bandages using a fixed interval system. The bandages have a mean usage of 9 rolls and a standard deviation of 4 rolls. The lead time is 2 days and the desired risk of stockout is 1%. Assume a 12 review period. Determine the target inventory level (TIL) and safety stock (SS).
3. Oxygen is delivered to General Hospital every Thursday. The quantity delivered is based on an order called in by the hospital on Monday, 3 days before. The average daily usage of oxygen is 6 tanks with a standard deviation of 1.2 tanks. Determine the target inventory level (TIL) if the hospital wishes to take no more than a 2% chance of running out of oxygen between orders.
Prepare a merchandise purchases budget showing Explain how many units should be purchased for each of the months April, May, also June. Prepare a schedule of expected cash collections for each of the months April, May, also June.
Prepare a training or orientation piece on his or her policy via PowerPoint with speaker notes.
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effects of stating wrong or false facts to insurerwhat will an insurer do if it learns that an applicant misstated his
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Discuss and explain four different types of thinking styles. Compare and contrast the four different types of thinking and comment on how each affects the critical thinking procedure.
Why might MNCs be interested in studying the organizational culture in Mexican firms before deciding whether to locate there? Explain your logic.
Use the Nadler Tushman Congruence Model, perform an analysis of a BANKS outputs. Remember that the outputs exist at individual, group and organizational levels
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