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The injection molding department of a company that operates 24x7 uses an average of 20 gallons of special lubricant per day. It takes two weeks for an order of lubricant to be delivered.a. If safety stock is enough for two days, what is the reorder point?b. If the usage of lubricant is normally distributed, with a standard deviation of 5 gallons per day and the company wants a service level of 87%, what is the reorder point?
The size of the first lot is 1600 units and the size of the second lot is 800 units. Find the total annual cost of holding inventory.
Search the library also provide 2 research citations that illustrate examples of companies that are utilizing e-business strategies (e.g., B2B, B2C), also discuss explain how your organization could benefit from employing similar strategies.
Identify one or two first movers and provide a review of what happened when they entered that industry. Describe why the product or offering has been successful or why it failed.
Now measure the time it takes while working at a standard pace. Is your estimate within plus or minus 20 percent of the estimated time.
Implementation of such systems have a high rate of failure and often after such systems are installed the results may not be as desired.
What was Mark's actual demand for the sailboats during each season in 2006 through 2009 as follows
What factors prevent developing countries from becoming developed? Why? What are the responsibilities of industrialized nations to developing nations in this regard
The Jane Deere Company manufactures tractors in Provo, Utah. Jeremiah Goldstein, the production planner, is scheduling tractor production for the next three months.
Consider Coca-Cola also PepsiCo, two successful companies that compete with each or. Discuss some competitive strategies each company can adopt also some specific actions needed to support those strategies.
Fourteen years ago, the U.S. Aluminum Corporation borrowed $9.9 million. Since then, cumulative inflation has been 98 percent (a compound rate of approximately 5 percent per year).
Develop an example of planning in personal decision making. Perhaps you will discuss the steps as they relate to planning a family vacation, finding a new job, buying a new house
what can you say about the profitability of the first and second contracts, and hence the bidding process in general?
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