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Tax Preparers Inc. works 250 days per year. The company uses adding machine tape at a rate of eight rolls per day. Usage is believed to be normally distributed with a standard deviation of three rolls during lead time. The cost of ordering the tape is $10 and holding costs are $0.30 per roll per year. Lead time is two days.
(a) Calculate the economic order quantity
(b) What reorder point will provide an order cycle service level of 97 percent?
(c) How much safety stock must the company hold to have a 97 percent order-cycle service level?
(d) What reorder point is needed to provide an order-cycle service level of 99 percent?
(e) How much safety stock must the company hold to have a 99 percent order-cycle service level?
Recently, Phil Harris, the Production Control Manager at Brunswick, read an article on Time-Phased Requirements Planning. He was curious about how this technique might work in scheduling Brunswick's engine assembly operations.
Identify elements of Nissan Altima value chain. Where can information be used to decrease costs or increase customer satisfaction or both? Explain.
A college bookstore opens a booth and buys back used books during final exam week. From 9 to 12 in the morning students arrive at the rate of 40 per hour. The bookstore employee can service 50 students per hour. What is the average time in minu..
1) How does corporate strategy differ from business strategy. Give me an example of each. 2) What are the "ups and downs" of a growth strategy? 3) Discuss the different approaches to globalization strategies.
In a hard copy favourable response message in which a subject line is not used, necessary identification information is best placed.
750 words per question for a minimum total of at least 1500 words total1 write a paper comparing the two primary
Create a scenario (provide the type of organization and a complete description of the task) that would be an ideal situation to employ each of the four most common types of teams: project teams, cross-functional teams, virtual teams, and self-mana..
What is the optimal strategy for each player?
Illustrate what is the percentage change in Sun Path's total productivity measure between 2011 & 2012. Explain how HRM system is implemented in this hotel.
Do you think that intuition is a valid approach to making decisions in an organization? Why or why not? How might intuition be combined with a rational decision approach?
Illustrate what is the earliest finish time for activity 10-11 (far right hand side), if the earliest start time of 8-10 (upper left hand side) is 12 also the earliest start time of 9-10 (lower left hand side) is 13.
Despite no scientific or empirical data to support the trait approach to leadership, many still believe there is an association between leadership behavior and certain traits.
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