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A newspaper publisher uses roughly 890 feet of baling wire each day to secure bundles of newspapers while they are being distributed to carriers. The paper is published Monday through Saturday. Lead time is six workdays. What is the appropriate reorder point quantity, given that the company desires a service level of 95 percent, if that stockout risk for various levels of safety stock is as follows: 1,500 feet, .10; 1,900 feet, .05; 2,100 feet, .02; and 2,400 feet, .01?
Appropriate reorder point ft
For this assignment, you are to develop an ethics program for a fictitious company. The program should be in policy/program format. Your ethics program should be “values-based”. Make sure to include a company code/ business conduct statement.
Ron, the director at the Anneberg Center, is planning his pricing strategy for a musical to be held in a 100-seats theatre. He set the full price at $80 and estimates demand at this price to be normally distributed with mean 40 and standard deviaion ..
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Beth Zion Hospital has received initial certification from the state of California to become a center for liver transplants. The hospital, however, must complete its first 18 transplants under great scrutiny and at no cost to the patients. The very f..
Consider an EOQ model with shortages having demand rate a, setup cost K, holding cost h, and shortage cost p. Alternatively, consider a POQ model with demand rate a, setup cost K
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