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NOP Bicycle Parts uses a periodic review inventory control system for one of its stock items. The review interval is 6 weeks, and the lead-time for receiving the materials ordered from its wholesaler is 3 weeks. Weekly demand is normally distributed, with a mean of 100 units and a standard deviation of 20 units.a. What is the average and the standard deviation of demand during the protection interval?b. What should be the target inventory level if the firm desires 97.5 percent stockout protection?c. If 350 units were in stock at the time of a periodic review, how many units should be ordered?
You are in a crowded conference room conducting an important business meeting when the ceiling springs a major leak and water falls from the ceiling tiles all over the conference table.
You are the manager of the best-performing subsidiary in an MNE. Because bonuses are tied to subsidiary performance, your bonus is the highest of all subsidiary managers
Imagine that you are the chief operations officer (COO) of Amazon.com. You are interested in creating a competitive advantage for your company (compared to other online retailers)
Pick a company. Describe the switching costs that the company would incur if it began to phase out its current suppliers and pick new suppliers.
What types of decisions common to manufacturing firms does Amazon make? What types of decisions common to service firms?
If you were a host-country national (HCN), would you think salaries should be equal between HCNs and expatriates in equivalent positions, even though the cost of living is lower in the host country?
Three recent college graduates have opened an advertising industry. Illustrate what is the probability which the project will be completed in 24 days or less? 21 days or less
Develop a joint probability table and show the marginal probabilities. What is the probability of a household whose income exceeds $60,000 and who rejects the offer?
Explain however, two had no agreement regarding distribution of barn also Deere unit. Jones sues Smith, claiming he is entitled to one-half of value of two buildings. Is Jones entitled to one-half of value of two buildings? Explain.
Analyze the impacts of such recalls on the strategy, product design, and supply chain. Do continued recalls impact the reputation of a company?
Explain why it is important to gain employee cooperation before beginning a job analysis program. Describe other issues and means that can aid in the job analysis process.
Term structure of interest rates. Explain why the event is consistent with the theory you nbelieve it matches.
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