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A wine company's daily demand is normally distributed with a mean of 18 bottles, and a standard deviation of 4 bottles. This company checks their winery's stock every 30 days. In their most recent visit, there was 25 bottles in stock. The lead time is 2 days. Can you determine an optimal order size for this company that will enable them to limit the probability of a stockout to 5%?
Discuss the advantages and disadvantages of end-user computing and determine if this is an application that should be progressively pursued. Explain your rationale.
Each file is in student ID number order. Design logic for a program that merges 2 files into 1 file containing a list of all students in district, maintaining student ID number order.
Klein Industries manufactures three air compressors: small, medium, and large, which have unit profits of $20.50, $34, and $42 respectively.
Explain why manager having great control does not have much publicity than a manager who is a great leader.
Are there differences between Microsoft's and Apple's organizational Cultures? Why did Apple's organizational culture disrupt the company?
Discuss the importance of influence. How you would attempt to apply it to convince your team to work anextra day per week to earn time off later.
Illustrate what is "supermarket" as it is used in MRP. Elucidate how does it alter responsibility for dealing with lead-time offsets.
Discuss culture, values, ethics, and other such elements that lead to differences in social culture; Explain the business and economic implications of differences in culture and values;
Discuss to what extent these two aspects of control work together in successful organizations. Be sure to give an example or two to support the position you take on this.
What is the optimal solution? You should be able to determine this by inspection. If the linear program has multiple optimal solutions, identify the optimal solution set
It costs hospital $5,000 per hour for surgery. Learning rate is 80% also first surgery took 30 hours. Elucidate how long tenth surgery may last.
Mary Williams, owner of Williams Products, is evaluating whether to introduce a new product line. After thinking through the production process and the costs of raw materials and new equipment.
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