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The injection molding department of a company uses an average of 30 gallons of special lubricant a day. The supply of the lubricant is replenished when the amount on hand is 170 gallons. It takes four days for an order to be delivered. Safety stock is 50 gallons, which provides a stockout risk of 9 percent. What amount of safety stock would provide a stockout risk of 3 percent? Assume normality. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
What trade offs are involved when deciding how often to rebalance an assembly line Who needs to be involved in process selection?
How might knowledge be devalued by inaccurate information? How can group members ensure the accuracy of their information? How do imagination and knowledge relate to creative problem solving? What makes the brainstorming technique an effective and cr..
Based on the information about Walmart and any other information you found online or in media reports, explain why you agree with the strategy you selected.
Junior Interiors market value capital structure of 62% Common Equity, 3% Preferred Stock (PS) and 35% Debt. The company does not pay dividends, and evaluates its operations as approximately 30% more risky than an “average” company in the industry. Wh..
Danny the Defendant owned a small grocery store in Tarzana. His Produce Manager, Deirdre, frequently sprayed the produce with excess water that would drip onto the floor, creating trip hazards. Deirdre was warned about this many times by Danny. Descr..
The Friendly Sausage Factory (FSF) can produce hot dogs at a rate of 5,000 per day. How many days does it take to produce the optimal run quantity?
1 the ability to rapidly and inexpensively switch production from one product to another enables which of the
Describe briefly how each of the following affected the costs of health care in the U.S.? provide references and examples
GloFish, Inc. has genetically engineered a species of fish that glows in normal lighting conditions. The company believes the new fish will be a huge success as a new pet option for children and adults alike. What is the optimal policy for the fish f..
Pretend you are managing an Urgent Care Center. Define, in your own words, De-Bottlenecking, and discuss how this could potentially impact operations at said Urgent Care. Provide examples to substantiate and develop your ideas
What is the cost of underestimating demand for each program?
A historical demand (observation) of paper sales in cases is: January, 45; February, 40; March, 35; April, 50; and May, 55. Using a two month moving average, what is the forecast for June? What is the difference if you use a three month moving averag..
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