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A carpet cleaning firm uses an average of 30 gallons of cleaning fluid a day. Usage tends to be normally distributed with a standard deviation of 4.5 gallons during lead time. Lead time is five days, and the desired service level is 94 percent. What is the most appropriate reorder point and safety stock level for this carpet cleaning firm?
Determine the need for and purpose of a Gantt chart and distinguish between the pros and the cons of using a Gantt chart. Provide a rationale for your response.
Single-Period Inventory System. The restaurant you are working at makes one massive batch of meatballs each day. If you run out before the end of the day, the last few customers are less than satisfied, but if you make too much, it can be sold to the..
A project has an initial cost of $40,000, expected net cash inflows of $9,000 per year for 7 years, and a cost of capital of 11%. What is the projects NPV? What is the projects IRR? What is the projects profitability index? What is the projects disco..
The value of the building is $300,000 and contents are valued at $150,000. The common policy is a CPP with a $1,000 deductible. The isolated restaurant suffers a fire loss resulting in damage to the building of $100,000 and damage to contents of $..
What are some developments in the international sector concerning bribery and corruption?
Research several issues of business magazines such as Fortune, Business Week, Fast Organization, etc. also find examples of two companies that are using approaches to busting bureaucracy. Discuss the techniques these companies are applying.
Identify some of the major risks that must be addressed by supply chain management and give examples of how those supply chain risks can be mitigated.
Read the article entitled, How to deal with annoying co-workers. Write a paper about your thoughts on this article. Additionally, in your paper, be sure to address the following:
You are in charge of a quarry that supplies sand and stone aggregates to your company's construction sites. Empty trucks from construction sites arrive at the quarry's huge piles of sand and stone aggregates and wait in line to enter the station, whi..
The case describes how quality, speed, dependability, flexibility and cost impact on the hotel's external customers. Explain how each of these performance objectives might have internal benefits.
Is the situation a profitable one for the job shop? If not, how must the selling price be changed for the expected profit to be positive?
What changes in employment relationships are likely to occur as the population ages? Do you think increasing age diversity will create new challenges for managers? What types of challenges do you expect will be most profound?
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