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Your new company has decided to use a periodic review system. You have learned the average weekly demand is 48 units with a standard deviation of 8 units. You believe that your cycle service level should be 94% Lead time is 2 weeks. Initially you believe that you should do a review every Friday.
a. Determine the required safety stock and target inventory level.
b. How would this procedure change if the cycle service level needed to be 98%?
c. What is the impact of changing the review period from every Friday to every other Friday, assuming that the cycle service level is 94%?
Briefly explain why there could be a coordination problem between firms and workers,
A University Web server has five main components each with the same reliability. All five components must work for the server to function as intended. If the University wants to have a 95 percent reliability, what must be the reliability of each o..
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Assume you are going to give a presentation to about 30 people in a medium sized room. In order to maximize the contrast, you used black letters on white background in your slides.
So with these area airports and routes the government subsidies for these so the citizens of the area have access to air transportation.
How an individual learns is essential to improving performance and effectiveness. How an organization learns is critical to remain viable and competitive. Learning is key to forward movement for an organization.
Chocoberry, our You Decide from previous weeks, decided to launch new retail chocolate products that would claim lower calories, high antioxidants, and other similar benefits. How does this value proposition relate to the diffusion of innovations c..
Investigate some aspect of management technology in an organization. This discussion should include:
Is the International Labor Organization relevant to the discussion of human and labor rights?
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