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Digital Direct, Inc. is a manufacturer and global distributor for quality portable digital products. The daily demand (Monday through Friday) to one of its main product, DVD-10s, is approximately normally distributed with a mean of 8,000 units and a standard deviation of 620 units. The 10” LDC screen used in DVD-10s are currently produced by company’s Indonesian supplier with a shipping (air freight plus domestic trucking) time approximately 14 days. Assuming the unit holding cost for the LCD screen is $180/(unit, year) and EOQ= 40,000 units.
Suppose that the company would like to ensure a 95% probability of no stock out for the LCD screen, propose the safety stock to achieve this service level. How about 98% probability? How much more safety-stock is required as compared to 95%?
Think of an organization you have worked for or one with which you are very familiar. Diagnose the need for change and present a plan to transform the organization, utilizing Kotter’s 8-Step Approach. Include the following sections headings and addit..
Assume that you are the sales manager at a European company that makes sleepwear products for children.
Describe the primary steps involved in the rational decision-making progress. What is the relationship between bounded rationality and satisficing? Describe the relationship between "System 1" and "System 2" decision - making processes?
Describe in your own contribution and the potential role of World Bank in resolving some of the above challenges.
bull explain the business transactions that occur in an organization budget.bull describe the budget cycle the decision
Then, apply one of the change models to a change initiative at your place of employment (or past employer) [health care].
What are some of the steps involved in the development of a strategic plan?
How did roman art change in the Late Empire from the realistic and idealistic tradition of the republic and empire? Give example.
Evaluate their effectiveness and select a program, policy, procedure or initiative which you believe needs to be changed.
Explain Porter's Five Forces Model and how Bill can use it to analyze his current business and his expansion. Be sure to address each of the 5 forces and explain to Bill what they mean for his business.
Assume that you are a procurement manager and have to launch a cost-reduction project for a high-precision component at your company. Your team consists of engineers, quality assurance personnel, and the supplier of the component. Discuss the element..
Central to modern Marketing thinking is the market concept and market orientation.
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