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A bank wants to know how low it should let the level of cash fall before ordering more cash from its parent bank. If the demand during lead time for cash is normally distributed with a mean of $160,000 and the standard deviation of $20,000 and the service level is 85 percent:
a. What is the order point?
b. What is the safety stock level?
Explain your views on the 'international cultural impact' of the current banking crisis and support your answer. If it is your opinion that there is no 'international cultural impact' please state why and support your answer.
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Why is it important to have a growth strategy or system in place. Using a business or company with which you're familiar, describe three risks to growth in that organization, as well as potential strategies for minimizing those risks.
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Elucidate how would you present the recommendations also illustrate what data also tools would you use during the presentation.
Student tuition at Paddington University is $150 per semester credit hour. As part of a deal the state supplements school revenue by matching student tuition dollar for dollar. What is the multifactor productivity measure for a course at Paddington U..
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Trucking company A says it will only charge 70 cents per ton per mile per widget to load on to a truck that holds 57,000 pounds. (Remember, it takes a lot of labor to load each truck!). What is the total cost of moving the current order of 20,250 ..
How many units should be ordered each time that an order is placed? An order should be placed whenever total back-ordered demands sum to what?
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