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Weekly demand for private label washing machines at Karstadt, a German department store chain, is normally distributed with a mean of 500 and a standard deviation of 300. Karstadt currently has a supply source in China that delivers machines at a cost of 200 euro. The lead time required by the supplier is normally distributed with a mean of nine weeks and a standard deviation of six weeks. A European supplier has offered to deliver washing machines with a guaranteed lead time of one week at a cost of 210 euro. Karstadt has a holding cost of 25 percent and targets a cycle service level of 99 percent. Should Karstadt accept the local supplier’s offer? please provide the solution in mathematical way
Which of the following statements about the limitations of financial condition analysis is(are) most correct?
What is the minimum number of cashiers the store must schedule to ensure that lines are not infinitely long? What is the arrival rate for the line?
Analyze and evaluate the different leadership theories and behavior approaches, including the Tuckman four stages of group development model.
A duvet
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