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Daily demand for a product is 100 units, with a standard deviation of 25 units. The review period 10 days and the lead time is 6 days. At the time of review there are 50 units in stock. If 98 percent service probability is desired, how many units should be ordered.
Your boss would like you to suggest changes that could be made to the project that would significantly shorten it. Illustrate what would you suggest.
Illustrate what is the multifactor productivity ratio for Med-Tech. Illustrate what does you find outing mean.
Which are three most relevant lessons learned of this reading. Please Explain why. Also analyze also discuss in great detail.
Compute the takt time for a service that intended to perform a standardized service. The system will have a total work time of 480 minutes per day
What is the recommended order quantity and what are the annual savings of your inventory policy over the policy currently being used by ShoeCo?
The PMI Code of Ethics is made up of four areas: responsibility, honesty, respect, and fairness. Discuss the area of respect and what it means for you, the project manager.
With the better quality shirt also $25 selling price, illustrate what volume is necessary in order for Riverview to earn a $7,000 profit on the shirt product line.
This week the industry used 107 employees to produce 3,338 units of output. Illustrate what was the percentage change in productivity.
As none your team B2B outside sales experience, will six months be enough time to train some or all of your employees on B2B outside sales techniques, or will going to the external market place be the best solution.
Elucidate what is the Pygmalion Effect as it relates to leadership also management. Why is the Pygmalion Effect important when implementing a Strategic Quality Management initiative or any change initiative.
Determine two constraint equations for this LP problem, but do not solve! Hint: The number of constraint equations must equal the number of decision variables. Only two are required
Assume now that after the implementation of the control chart, the mean of the statistic has shifted down by 1 standard deviation
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