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A local bar serves a premium draft beer to its customers. The daily demand for beer is assumed to follow a normal distribution with a mean of 80 litres and a standard deviation of 16 litres. The lead time required to receive an order of beer from the local distributor is 12 days. Determine the safety stock and reorder point if the bar wants to maintain a 90% service level. What would be the increase in the safety stock if a 95% service level is desired?
What run quantity should be used to minimize total annual costs? Do not round intermediate calculations. Round your final answer to the nearest whole number.
Are long-term objectives helping the enterprise make appropriate strategic choice decisions? How do distinctions between value disciplines
Wheatie should be allocated 35% more space than Grano, which amounts to allocating about 57% to Wheatie also 43% to Grano. Illustrate what do you think.
How does the degree of customer contact relate to the kinds of skills needed by service workers and the degree of training they require?
how do underlying values of organization developement compare to the values underlying other types of change?
How the compensation system influences employees motivation, productivity and satisfaction. How important is the compensation system in an employees productivity?
Illustrate what problems might an organization encounter in doing AAP that it might not encounter in regular staffing planning.
Aggregate demand for a product family is given in the table below for the four quarters of 2008. The inventory cost is $2 per unit per quarter.
Quarter-inch stainless-steel bolts 1 ½ inches long are consumed in a factory at a fairly steady rate of 60 per week. Bolts cost plant 2 cents every. It cost plant $12 to initiate an order also holding costs are based on an annual interest rate of ..
Automobiles arrive at a drive through window at a post office at the rate of 4 every 10 mins. The average service time is 2 mins.
Is the situation a profitable one for the job shop? If not, how must the selling price be changed for the expected profit to be positive?
Discuss the concept of the internal customer. Who are purchasing's internal customers?
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