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Weekly demand for a Motorola cell phone at a Best Buy store is normally distributed, with a mean of 200 and standard deviation of 150. Best Buy has a policy of ordering the cell phones in lots of 500. Motorola takes two weeks to deliver an order. If Best Buy is targeting a CSL of 95 percent and monitors its inventory continuously:
a. How much safety inventory of cell phones should Best Buy carry?
b. What should its ROP be?
If Best Buy is targeting a fill rate of 99 percent and monitors its inventory continuously:
c. How much safety inventory of cell phones should Best Buy carry?
d. What should its ROP be?
From the e-Activity, examine the benefits of obtaining a Professional in Human Resources (PHR) certification and / or a Senior Professional in Human Resources (SPHR) certification. Rate the importance of these certifications in regard to an HR employ..
Marcello & Sophia Bella Gelato manufactures gourmet ice cream, sorbet, and other frozen desserts and sells its products at its own stores. People drive long distances to buy its ice cream and other assorted deserts.
(1) Define the term, transfer of learning. (2) A critical issue in training is the transfer of training, and ethics training is no exception. How could the transfer of ethics training back to the workplace be maximized?
Very recently Volkswagen has been in the news because of their efforts to cheat on emissions. Discuss this with emphasis on their goal of being the no 1 auto manufacturer in the world. Is it advisable for a firm to be the number 1 in sales? What is a..
Identify a business that has recently launched a quality improvement initiative (Harley Davidson would be just one of many examples). Your business could be one that is primarily product-providing or one that is primarily service-providing. Do some i..
An investor holds two stocks, each of which can rise (R), remain unchanged (U), or decline (D) on any particular day. Assume that for the first stock (on a particular day) P(R) = 0.2 , P(U) = 0.3 , P(D ) = 0.5 and that for the second stock (on a part..
Joy Manufacturing is considering three approaches to aggregate planning: level production strategy, chase strategy, and constrained chase strategy. The level production volume is set at 4000 units per month. The chase strategy will involve matching..
Select a company with long term bonds outstanding. Locate and analyze a current quotation for that bond. Compare the current price with the par value. Explain at least one (1) reason for the difference.
A small rural county has experienced unprecedented growth over the past 6 years, and as a result, the local school district built the new 500-student North Park Elementary School.
For your second submission toward your Unit VII Research Paper, you will need to submit a draft of your research paper with several components to ensure you are on the right track. Include the following:An outline of your research and the intended..
Heisenberg makes a controversial product for distribution throughout the American Southwest. Heisenberg and staff work a total of 36 hours per batch and pays $340 per hour. What is the total factor productivity for Heisenberg? What is the labor produ..
Getting franchises to adopt the online ordering system is a major challenge. What techniques would you use to encourage adoption?
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