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EcoTable is a retailer of specialty organic and ecologically friendly foods. In one of their Cambridge, Massachusetts, stores, they plan to offer a gift basket of Tanzanian teas for the holidays season. They plan on placing one order and any leftover inventory will be discounted at the end of the season. Expected demand for this store is 3,000 units and standard deviation is 500 units. The service level you have just calculated is (suppose) 0.6725 or 67.25%. What is the Order Quantity? Zero decimal. Note: The Z value can be calculated using Excel function = NORMSINV(service level) Order quantity = Mean Demand + Z*(Standard Deviation)
What is LMX theory. What are some possible benefits and costs of developing different relationships with different subordinates?
Defining Work Jason is the project manager for a manufacturing company. After several weeks of planning sessions, a team member informs him that a part of the production work needs to be outsourced to another company since they don't have the relevan..
What do you think are the criteria a firm should use to evaluate targets for acquisition and how should a company plan and undertake its merger acquisition strategic initiatives?
question 1if your goal was to construct a network in which all points were connected and the total distance between
Clarice Rich was employed by the New York City Board of Education as a clerk. It was her duty to prepare requisitions for checks to be issued by the board, to prepare the checks, to have them signed by authorized personnel, and to send the checks to ..
Explain why a comprehensive confined space management policy is important in any organization. What areas should a confined space management policy cover. What types of administrative controls and training should be designated in the policy
Given today's corporations and global economy, is offshore outsourcing a cost-effective alternative for projects? Is offshore outsourcing inevitable?
As e-commerce continues to grow in the United States and abroad, new consumer protection laws are needed. Use the Internet to research recent developments in consumer protection for transactions through cyberspace. What consequences might your propos..
Linking supply strategy to corporate strategy is:
Describe trends and recent events - how are things changing? Discuss the entity's relationship to international management
Identify the best value discipline, generic strategy, and grand strategy for your organization. Recommend a strategy or combination of strategies the organization should implement.
Recently some Operations Management experts have begun insisting that simple minimizing process velocity, which actually means minimizing the time that it takes to process something through the system.
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