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Annual demand for a product is 13000 units; weekly demand is 250 units with a standard deviation of 40 units. The cost of placing an order is $100. The replenishment lead time is 4 weeks. Annual carrying cost is $0.65/unit.
a) To provide 98% service level what must the reorder point be?
b) If a new safety stock policy is being considered that reduces safety stock by 100 units, what is the new service level?
Use a real-life example of when senior managers must create new strategic plans in order to address a legal, ethical, or corporate social responsibility issue. Elucidate how might new strategic planning have impacted planning done by managers thro..
Describe Shutter fly's business-level strategy. Who is the targeted customer. Which customer needs does the organization satisfy. Explain how does the organization use its competencies to satisfy these needs.
Edwards Engineering has a new injection system for your countertop production line. Your process engineering department has conducted experiments and determined that the mean is 8.01 grams with a standard deviation of 0.03
Illustrate what are the major business propositions for Woodmere and Home Help to consider in evaluating this proposal. Is time-based logistics the right strategy for each company.
Can you think of other web sites that are successfully using social media as a way to make their online stores must visit destinations? What are some of the tools and technologies that you think would best allow a site
Value management (VM) is the application of value methodologies with the purpose of improving organizational effectiveness
Show the three options given above. Include in your discussion the issues involved and the advantages and disadvantages of each. Which do you consider would be the most beneficial to Eastrex and DSV?
Value management (VM) is the application of value methodologies with the purpose of improving organizational effectiveness. Value management is made up of five subprocesses
Describe how organizing affects personal AND organizational effectiveness, including recommendations for improvement.
explain how you would approach the process. Keep in mind which you are supplying a major automotive organization which manufactures, on average, 835,000 cars per year.
A station can serve several districts, but every district must be served by at least one station. Provide a formulation to minimize the number of police stations required to serve Little Rock districts.
Utilizing the perspective of the effects of organizational culture, explain the impact of The Toyota Way. Illustrate what challenges does Toyota face as it attempts to maintain The Toyota Way while pursuing vigorous global expansion.
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