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The injection molding department of a company that operates 24x7 uses an average of 20 gallons of special lubricant per day. It takes two weeks for an order of lubricant to be delivered.
a. If safety stock is enough for two days, what is the reorder point?
b. If the usage of lubricant is normally distributed, with a standard deviation of 5 gallons per day and the company wants a service level of 87%, what is the reorder point?
Compare the supply chain management services offered by these organizations. Which organization would you select to help your industry manage its supply chain.
Discuss how supply and demand would be affected under each of the four degrees of competition (pure competition, monopolistic competition, oligopoly, and monopoly)
Which leader in quality management promoted the Quality Trilogy of quality planning, quality control, and quality improvement?
Family First Farm is a small family-owned business in Florida that grows a variety of fruits and vegetables. Although Family First Farm is a small business, they employee 15 full-time employees.
Illustrate what is difference between independent also dependant demand in a McDonalds restaurant. Describe optimum preventive maintenance frequency for each of pieces of equipment if breakdown time is normally distributed.
Typically, CRM systems are components of ERP systems. What is lost and gained when a CRM system is not connected or a part of an ERP system?
There are 360 working days per year and the lead-time is 5 days. If Mark orders 200 units each time he places an order, what would his total ordering cost be for the year?
If Microsoft don't build a cloud computing business , what will happen to them in the next decade? Why did the company decided that it had little choice but invest in cloud?
Find the optimal solution using the graphical method (the number of products manufactured and maximum profit to be achieved). Find the optimal solution by making use of Excell solver.
Illustrate what is the Disney Difference also Elucidate how will it affect the organizations corporate, competitive also functional strategies.
explain why change is an essential process for businesses to be competitive. in what ways must businesses keep changing?
what were some of the key problems confronting Japanese first responders to the chemical attack on the Tokyo subway by Aum Shinrikyo? Identify three key problems. How might they have been avoided?
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