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Susan Williams has been the production manager of Medical Supplies, Inc. for the past 17 years. Medical Supplies Inc. is a producer of bandages and arm slings. During the past 5 y ears, the demand for No-Stick bandages has been fairly constant. On the average, sales have been about 87,000 packages of No-Stick. Susan has reason to believe that the distribution of No-Stick follows a normal curve, with a standard deviation of 4,500 packages. a. What is the probability that sales will be less than 80,000 packages?
What is the inventory position immediately after an order has been placed?
Item X is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, uses about 2000 units of X which costs $25 each.
The type of data collected in each different facility's patient health records is established by required standards or regulations.
You may pick out one topic or several topics to discuss Traits of Best Supply Chains. The initial post must include in text citations and a reference list.
How would you modify your firm's demand management or demand forecasting processes in response to these trends?
Compute the takt time for a system where the total time per shift is 400 minutes, there is one shift, and workers are given two 20-minute breaks and 30 minutes for lunch.
Is there a particular type of group that uses a particular leadership approach? Why do you think this is the case?
Santucci Construction bid on a contract to construct the main drain for the Dan Ryan Expressway in Chicago. The bid was submitted to the Cook County Board of Supervisors .Four bids were submitted: Santucci’s bid was for $1,095,000, the other bids wer..
Global pricing can be a very complex issue for international companies. If you were responsible for marketing Computed Axial Tomography (CAT) scanners worldwide and your sourcing country (location of manufacture) was experiencing a strong and appreci..
When a new business in started, or a patent idea needs funding, venture capitalists or investment bankers will want to see a business plan that includes forecast information related to profit and loss statement. What type of forecasting information ..
It takes 26,526 hours to produce the sixth locomotive at a large manufacturing firm. If the learning factor is 90%, how long does it take to produce the tenth locomotive?
You are trying to discriminate between customers who are highpayers and lowpayers for books that you are selling. High payers are willing to pay $20 for a hardback and $12 for a paperback. What will be the highest profit you can make if you only se..
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