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Mr. Beautiful, an organization that sells weight training sets, has an ordering cost of $35 for theBB-1 set (BB-1 stands for Body Beautiful Number1). The carrying cost for BB-1 is $20per set per year. To meet demand, Mr. Beautiful orders large quantities of BB-1 4times a year. The stock out cost for BB-1 is estimated to be $15per set. Over the past several years, Mr. Beautiful has observed the following demand during the lead time for BB-1:
Demand During Lead Time
Probability
100
0.1
120
0.2
140140
160160
180180
200200
The reorder point for BB-1 is 140sets. What level of safety stock should be maintained for BB-1?
The optimal quantity of safety stock which minimizes expected total cost is? (enter your response as a whole number).
Badger and Fox are forming a partnership. Badger invests a building that has a market value of $352,000; the partnership assumes responsibility for a $126,000 note secured by a mortgage on the property. Fox invests $101,000 in cash and equipment that..
Give an example of aircraft roll or severe weather in an aviation accident, explain the impact it had on the resulting crash, and explain why it had this impact. You may draw upon your personal experiences or cite an example from the news.
Write a formal case analysis (5-7 pages) of "The Virgin Group in 2012." Use Wertheim's structure for case analysis. Pay particular attention to the choices of corporate strategy when outlining the causes of any problems identified. Identify creative ..
Case: Trader Joe's Case from Harvard business Review What are the key sources of Trader Joe’s competitive advantage? Is their advantage sustainable?
"Given that succession and career planning systems provide very similar information, a firm need only implement one or the other system for determining the suitability of existing employees for appointment to higher level jobs." Do you agree or di..
George recently joined Best Cars, a used-car dealer, as a salesman. One of the first "tips" he got from his manager was to show potential buyers the priciest cars on the lot first. He was told that this usually influenced the buyer to opt for a car w..
What do you think the impact of leadership on quality is? From your own experience can you describe a situation where leadership behavior had a positive impact on quality? How about a negative impact?
Identify and describe the problem in this case. What management, organization, and technology factors are responsible for the difficulties in building electronic medical record system?
The cost to place also process an order from the supplier is $75. The Corporation operates 300 days per year also the lead time to receive an order from the supplier is 2 working days. Find out the economic order quantity.
Comparison Report. Write a 3 to 4 page report comparing the communication strategies of the Facebook pages of two of the following companies: McDonald's, Burger King, J C Penney, Kohl's.
At a recent seminar on managing the human resource function, you overheard two people speaking about the value of personal selling, sales promotion, and relationship marketing strategies.
Explain why choosing the right retailer is so important to having an effective marketing channel and distribution strategy? Of all the different types of retailers discussed in Chapter 16, do you think any one type of retailer is in danger of going o..
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