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It is your responsibility, as the new head of the automotive section of Nichols Department Store, to ensure that reorder quantities for the various items have been correctly established. You decide to test one item and choose Michelin tires, XW size 185 × 14 BSW. A perpetual inventory system has been used, so you examine this as well as other records and come up with the following data:
Because customers generally do not wait for tires but go elsewhere, you decide on a service probability of 95 percent. Assume the demand occurs 365 days per year.
Determine the reorder point. (Round your answer to the nearest whole number.)
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?
The financial performance of any business depends on a number of factors. Other than the strategy in e-activity, explain in detail how two other factors specific to this MCDonald's might make
Controversial topics in advertising comprise creating a culture of excessive consumerism. Explain why do you think this matter is more problematic
What are chance and assignable causes of variability? what part do they play in the operation and interpretation of a shewhart control chart?
Elucidate what is the recommended production rate if a level strategy is adopted with no backorders or stock counts. Elucidate what is the ending inventory for month 4 under this plan.
A bottling facility with an effective capacity of 40,000 crates per day operates with an efficiency of 85%
Elucidate how a positioning strategy should be developed for a small scale flywheel manufacturing company, in a highly competitive market.
closing also he sued 18 is enough for damages. 18 is enough defended on basis of limitation of liability provision on parking stub also notice that lot closed at 8:00. Using principles of bailment law, decide whether Silas should recover in this c..
Jack Smith wiped the perspiration from his face. It was another scorching-hot summer day, and one of the four process refrigeration units was down.
explain how your recommended changes would help Kmart become more profitable and a more viable competitor to stores like Wal-Mart.
Can management or organizational culture actually cause a mishap? Again, how would an investigator actually prove that a certain culture was causation in the accident?
Discuss the competitive forces model in relation to Amazon and its business strategies. Discuss profitabilty in relation to Amazon's business stratgey and model
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