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In the Lulu Hypermarket chain, the daily demand for Product X is normally distributed with a mean of 9000 items and a standard deviation of 1900 items. The lead time is eight days. If the Lulu Hypermarket Manager wants to limit the probability of a stockout to 2%, determine the re-order point.
Discuss how a solid marketing effort helps small businesses to become quickly profitable. Discuss the ramifications of ill-defining the legal organization of a start-up business.
One of the things that this law does is to guarantee that they won't suffer from the gamble they take normally as being part of the economic marketplace. Outline the case for regional economic integration with agreements and trade zones, etc. How sho..
Toyota decided to make its minivan.. Sienna, in the same plant as Canary and Avalon. Suppose that during a 15 minute period, 6 Camrys, 4 Avalons, and 3 Siennas are to be produced. Determine a level mixed-model sequence.
What might have accounted for this change in strategy? In your answer, include a discussion of the implications from the standpoints of marketing, production, and finance.
What role can flexible benefits programs play in alleviating the potential dissatisfaction that goes along with cutting benefits? Should companies move to a flexible benefits approach to “get the most bang for the buck”?
What are at least two legal and political factors that can create misunderstanding and conflict when opening a foreign operation.
Should CIENA pursue the Chinese market, look to establish production facilities there for export purposes, or do both? Yes or not and why?
Use trend-adjusted smoothing with α = .3 and β = .2 to smooth the new account data in part a. What is the forecast for period 16?
Participants become conditioned to seek expedient, rather than effective, solutions. You are probably using which approach to resolve conflict?
Suppose a shipment of 20,000 lbs is originated from point I. An additional 50,000 lbs is to be combined with it at point J and both shipments are to move on to point K. The transportation rate from point I to point J is $0.5/cwt. How much is the tota..
Pizza Hut is contemplating introducing breakfast pizzas in order to tap into a new market and increase its penetration of pizza in its current markets. The breakfast pizza would consist of sausage, eggs, bacon, and other familiar and traditional brea..
Research shows that females are seen as more transformational leaders, yet hold relatively few top leadership positions compared to men. Why do you think this is the case? What, if anything, could you do to change this situation?
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