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Q. A certain raw material is restocked using a reorder point approach. Lead time is 6 days. Usage of material during lead time is normally distributed with a mean of 42 pounds and a standard deviation of 4 pounds. When should raw material be reordered if acceptable risk of a stock out is 3%?
Q. In doing driving forces analysis, is it sufficient to simply classify driving forces that are operating to alter industry and competitive conditions?
Explain how a Monte Carlo simulation could facilitate a sensitivity analysis of the probabilities of the payoff.
Describe the target market in the United States, including customer demographics and income levels. Describe the competition the product would face in the United States and how you would create a competitive advantage. Name at least two competitors..
Explain how a decrease in setup time can lead to a decrease in average amount of inventory an industry holds. Illustrate what do you think. Under illustrate what conditions (if any) should a business install a forced-distribution rating system for ..
Illustrate what conflicts or barriers internal to Barilla doe JITD program create? Illustrate what causes se conflicts. As Giorgio Maggiali, explain how would you deal with se.
Illustrate what level of safety stock is appropriate if lead time demand is normally distributed with a mean of 80 cases and a standard deviation of 5 cases.
As a result, Unverferth was able to eliminate costly paper catalogs also gain the ability to give up-to-the-minute information to its dealers. This incremental change which was aided by supplier involvement was an example of the approach to innova..
You are a new CEO of a large business. Your supply chain department managers are very good; explain however, they have a hard time cooperating with each or on mutual business goals. Each 1 tries to maximize their areas results. Explain how would y..
Assuming this aircraft will give Airbus a competitive advantage in the segment of the airliner business which supplies airplanes for long international flights, why did Boeing not respond.
Operations Management problem relating to an organisation with which you are familiar and undertake a critical review
Illustrate what is the probability of completing this project among 38 and 40 days. Illustrate what are the slack values for activities C and F? Interpret the meaning of their slack values.
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
xplain from beginning to end the supplier - customer relationship both internally also externally of the organization also why it is important to understand the existence of this relation in producing the final product/service to the ultimate cust..
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