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Consider a manufacturer of personal computers that sells PCs through the 4 Best Buy stores in the Triangle area. The weekly demand at the Durham store is normally distributed with mean 30 and standard deviation 8. The weekly demand at each of the Cary and two Raleigh stores is normally distributed with mean 20 and standard deviation 5. Inventory is reviewed on a continuous basis and the lead time from the manufacturer’s plant to the retail stores is 5 days. a. Please compute the safety stock levels at each of the four retail stores if the manufacturer wants to achieve a probability of no stock-out of 98%. b. If each computer costs $1500 and the holding cost is based on an annual interest rate of 20%, what is the total annual cost of carrying safety inventory across the four retailers? c. The PC manufacturer decides that they don’t need the retailers to sell their computers. They decide to withdraw their inventory from the retail stores and satisfy customer demand from a central warehouse in Cary. Assume that customers are indifferent between buying at a retail store versus waiting for their computer to be shipped from the warehouse, i.e. demand does not change. The warehouse will also follow a continuous inventory review policy and the lead time from the plant is still 5 days. Please compute the annual cost of carrying safety inventory under this supply chain design using the cost parameters from part (b).
There have been significant developments that have brought operations and supply change management to the forefront of manager’s attention. Discuss some of these recent developments and the impact they are having on companies regarding their approach..
Melski was an African American female, age 42, truck driver with a large shipping company. She was subjected to racial remarks and was constantly the topic of rude jokes with sexual innuendos. Also, she was playfully called "old lady". Discuss all t..
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Describe in detail what the organization attempted to implement and the impact this failure caused to the various stakeholders in the scenario.
Again using Apple, think about array of products Apple offers-try to explain why they offer products they do and what market do they intend to reach with each.
Discuss socio-technical systems theory and contrast it with the open systems theories or organization development?
What is the known population proportion of getting the high tip amount of 18% or more for the waiters at this restaurant?
Industrial Process Division—industrial pumps, valves, and monitoring and control systems; aftermarket services for the chemical, oil and gas, mining, pulp and paper, power, and biopharmaceutical markets. Motion Technologies Division—durable brake pad..
What types of resources does this organization provide to its members and others in the health care community? As a health care manager, what HFMA resources would you see yourself utilizing for your own facility and career?
Does Boeing have a legitimate concern regarding the effect of strikes at its Washington operations on its ability to compete? What effect do strikes have on company profits?
What circumstances call for use of multicountry strategy for competing in international markets? When is global strategy "superior" to multi country strategy?
Casey Martin used the Americans with Disabilities Act (ADA) to petition for the right to use a cart while particiating in professional golf tournaments. What are the ramifications of such a decision? Should the PGA have allowed sucha request without ..
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