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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?
a. your firm uses a fixed order quantity system and operates 52 weeks per year. one of the items handled has the
What is Web-based customer service and why is it important? What is a company's "culture?" What are some key characteristics of the culture at Yum! Brands, Southwest Airlines, and Zappos?
Write objective function and labor hours and machine hours constraints and formulate Objective Function, Assembly Hours Constraint, Labor Hours Constraint, and Desired Profitability Equation.
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.
You are a program manager and one of your subcontractors is in trouble and has indicated they may miss a key deliverable due to staffing shortages. What questions would you ask and what actions can you take to prevent this subcontractor's deliverable..
You are responsible for convening a major event in which senior officials from several state governments will try to come to an agreement on environmental issues. It is well known that some officials posture so that they appear superior, whereas othe..
Assume for a moment that you are the HR Manager for a medium size company. How would you try to get individual managers to be more aware of the legal requirements of staffing systems and to take steps to ensure that they themselves engage in legal..
A company uses this item as the rate of 20 units per day. The setup cost for ordering a lot is $50, and the holding cost per unit per day is $.30. The lead time is 12 days. SHould the company take advantage of the discount?
Write a paper discussing your work experience, observations, and/or outside reading on the use of practical project metrics, measurements, single value indicators
Illustrate what qualities does the restaurant chain require from its leaders. Does the restaurant chain require leadership. Illustrate what qualities does the restaurant chain require from its leaders.
Daily demand for the ice creams at I-Scream parlor is normally distributed with a mean of 100 quarts and a standard deviation of 40 quarts. The owner has the ice cream supplied by a wholesaler who charges $2 per quart. The wholesaler charges a $90 de..
A Lowe's employee sharing a demo of her store selling out of a product eventually leads to millions of dollars of sales at other stores. This is an illustration of which advantage of social media in the workplace?
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