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In an offshore facility securing replacement is challenging. Offshore installation manager wishes to maintain sufficient inventory of critical component (pump) to achieve 99% of reliability of production operation. For simplicity purpose, consider time to failure of a pump is exponentially distributed with a failure rate of 0.00056/hr. There are 10 pumps operating in the offshore facility. How many spare pumps the facility management must maintain to achieve a 0.99 probability of replacing all failures in a given year? Assume continuous, round the clock production throughout the year
The King Company is producing two types of products: A and B. Both products are produced on the same machining operation. The machines operate on two 8-hour shifts, 5 days per week, and 50 weeks per year
Determine the importance of bankers having good working relationships with their clients. Support your response with two (2) examples that illustrate such importance.
What are two advantages of high coordination when used in global operations? Which type of organizational structure is the most popular and why?
When it comes to an organizations ability to successfully implement strategy, culture is king. The impact of culture on the successful implementation of strategy should not be underestimated. In one page, Explain why this statement is relevant.
The warehouse manager and his staff have been very impressed with your presentation thus far. They are very interested in applying more of your recommendations to their department. They have asked for you to provide them with a few examples of inv..
If a decision is made to pursue organizing, which of the following is developed?
Compare and contrast Roman Coliseum and a Greek amphitheatre. What can you infer about the cultures that created each and the character of their societies in relationship to one and other? What makes them different or alike?
Illustrate what is the average VLC in a target market segment if the average purchase price is $75 per visit, the frequency of purchase is 6 times per yr.
The Pillsbury Doughboy is an example of a:
write a four to five 4-5 page paper in which you follow these formatting requirements1 create an argument for
Complete a Standardized Work Chart to indicate the layout
The S&OP team at Kansas Furniture has received estimates of demand requirements as shown in the table. Assuming stockout costs for lost sales of $125 per unit, inventory carrying costs of $20 per unit per month, and zero beginning and ending inventor..
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