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Double A stocks decorative coffee mugs that have been a big hit with the patrons. Each mug costs $3.00 and sells for $8.00. The cost of placing an order is $50.00, and once an order is placed, the mugs arrive in two weeks. During the two-week period, demand is normally distributed with a mean of 50 mugs and a standard deviation of 10 mugs. The cost of holding a mug in inventory is $.15/dollar value per year. If an item is out of stock, they will place the item on backorder and estimate that the cost of lost goodwill is $.20. The service level is 90%. Find the optimal ordering policy for Double A.
Share your thoughts on what it takes to create, sustain, embed, and deliver on a strategy. What are some of the best practices you recommend, as well as some of the errors to avoid?
What type of business strategy best describe the following? Citigroup recently sold its EMI Group Ltd. music company. Nestle S.A. recently acquired CM&D Pharma Ltd., the first move by Nestle to sell foods that target diseases. Caterpillar recently ac..
in what type of interview would you be likely to talk with more than one person at a time? in a behavioral interview the applicant is prompted to give examples of how he or she has been?
Evaluate your current or past organization's collaboration model using the collaboration models of Benefits of Collaboration or Four Ways to Collaborate. Which of the models does your organization already perform well? Which model(s) could your organ..
Ellen has indicated that she would like to leave a legacy for her grandchildren. She would like to pay for college expenses at a private university for her grandchildren.
Project on Strategic Audit, Now that you have conducted a cultural review along with developing some marketing strategies for entry into the country, it is time to begin the third part of the project, which continues from Project
How important is it to have an "instructional strategy?"
The business world today is increasingly complex and variable in virtually every country and industry, How do you define an organic organization and a mechanistic organization?
Keisler Enterprise is considering the option of adding a line for producing a special onion flavored tofu over the next year. In fact, there are 2 ways to do this. The first way is using spare capacity on an existing line and modifying the process by..
Describe FIVE different improvements a manufacturing organisation might experience as a result of introducing Total Productive Maintenance (TPM).
What is the bottleneck? Determine an appropriate plan for improving the capacity situation. Justify your plan. Write a report to the VP of Operations
Analyze and evaluate the employment-at-will doctrine and exceptions, as well as the protections afforded whistleblowers. Explore the legal and ethical issues surrounding employee and consumer privacy.
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