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Demand for an item is Normally distributed with a mean of 400 units a week and a standard deviation of 60 units. Ordering and delivery cost $300, holding cost is $12 a unit a year and lead time is constant at 3 weeks. Describe an ordering policy that gives a 95 per cent cycle-service level. What is the cost of holding the safety stock in this case? How much would costs rise if the service level is raised to 98 per cent?
Gestures, vocal tones, and facial expressions are forms of nonverbal communication. The gossip grapevine tends to distort messages more than any other grapevine pattern. Influencing is often referred to as the fundamental management skill.
What issues exist for employees? What information needs to be communicated to employees and why?
Explain the relationship between custom, option and standard goods and services as they relate to project, job shop, flow shop and continuous flow processes.
Describe the importance of system safety in the work place of today.
?In the stages of decision making, what should managers do immediately after identifying and diagnosing a problem?
Link’s Lumber creates pressure-treated utility poles from pine logs bought from several surrounding pine plantations. At the Link's Lumber operation, a batch of 100 pine logs yields 85 utility poles with 5 labor- hours required to process the entire ..
Discuss and explain considerations when determining compensation and benefits for Expatriates, and managing international activities and challenges. Include in your discussion the allowances, premiums, and mobility issues associated with internationa..
The operations manager for a local bus company wants to decide whether he should purchase a small, medium, or large new bus for his company.
Identify two companies in unrelated industries that use TPM approaches to ensure reliability in the products or services that they sell, and in a 4- to 6-page Microsoft Word document, create a report responding to the following questions:
How many of the employees only operated the cash register? How many of the employees only operated the cash register?
A warehouse is to be located somewherare in your hometown.What factors do you think should be evaluated in making the selection of a particular site?
Design specifications require that a key dimension on a product measure 110±13 units. A process being considered for producing this product has a standard deviation of four units.
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