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Consider the following for a purchased item. Time between reviews= 3 months lead time= 2 months unit cost= $590/unit cost of capital= 20% demand= 2773 units/year with standard deviation= 84 units/year desired cycle service level is 99.9% ordering cost is insignificant A. What is the associated order policy? B. It is now the end of a review cycle. You are expecting a previously ordered shipment of 520 units to arrive within a week and you physically have 493 units on hand. Considering the policy you developed in part A now, how many, if any at all, should you now order?
Research an organization and determine how their business strategy differentiates them from other organizations in the same industry using Porter’s four competitive strategies model. Give a brief explanation of Porter's four competitive strategies. G..
Using a Heating and Air (HVAC) small business. What is the best possible location for my business within driving distance of where you now live? Explain your rationale. Discuss the layout and design configuration of a building you would like to use t..
Which element of the VCM model relates to setting the direction for the organization?
Compare the supply chain management services offered by these organizations. Which organization would you select to help your industry manage its supply chain.
Caterpillar is one of the Americas major exporters. The company sells its construction equipment, mining, equipment and engines to some 200 countries. In the 1980s a stronger dollar hurt Caterpillars competitive position, but in 2008 a stronger dolla..
Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 285 per day, and it uses these subcomponents at a rate of 12,500 per year (of 250 working days). Wha..
Describe an instance where you complained about poor service. Was your complaint acted upon by the service-providing firm? If so, what did they do right and perhaps what did they do wrong? If they failed to act, tell how they could have changed your ..
Why is it important to update a sales and operations plan on a regular basis, using a rolling time horizon approach? 3. What is the major difference between aggregate planning in manufacturing and aggregate planning in services?
Models of the AS IS Process and the TO BE Process. In the textbook, on pages 63-67, several different methods of modeling business processes are illustrated.
Write a brief (three or four sentence) job description for a job for which you might interview people. List five competencies that you deem necessary for this job. If you do not have currently have people working for you, describe your own job or one..
According to the Electronic Industries Association, questionable returns have become the toughest problem plaguing the consumer electronic industry.
From the first e-Activity, examine the characteristics of the distributive bargaining used in this specific negotiation. Compare and contrast the use of various power tactics in the negotiation. Select the power tactic that you deem to be the most..
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