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The daily demand for 52" plasma TV's at Sarah's Discount Store is normally distributed, with an average of 5 and a standard deviation of 2 units. The lead time for a shipment of TV's is 10 days and is fairly constant. Determine the reorder point (ROP) and safety stock (SS) for a 95% service level.
The Zigus hotel routinely experiences no-shows (people making reservations and not showing up) during the peak season when the hotel is always full.
Find out replacement chips for its product lines here is demand over past 12 quarters. Use decomposition technique to forecast 4 quarters of 2010.
Assume chase policy is being used, that is, the number of workers is changed every month to match demand with capacity. Explain how many workers will you fire in March.
Which of subsequent production plans is better: Plan A-chase demand by hiring also firing; or Plan B-make at a constant rate of 1200 also obtain remainder from overtime.
The standard deviation of lead time is 1.5 days. Assume 260 days in the year and an average lead-time of 6 days. Illustrate what is the EOQ.
The office manager is currently utilizing an order size of 202 boxes. The partners of the industry expect the office to be managed "in a cost-efficient manner." Would you recommend which the office manager use the optimal order size instead of 202..
An insurance company uses accompanying tasks to process paperwork. Forty claims need to be processed in an eight-hour day. Determine theoretical number of workstations.
Why would long term reliance on a lower valued dollar at best be a short term solution to the competitiveness problem.
A newspaper publisher uses roughly 850 feet of baling wire each day to secure bundles of newspapers while they are being distributed to carriers.
Describe how should we define "fair" compensation. Elucidate what tests/procedures would you recommend to an organization to determine whether the ways in which they compensate employees is "fair".
Explain how could he use technical, human, also conceptual skills to maintain an environment that encourages innovation also professionalism among the virus hunters.
Which alternative would you recommend if you want to reduce the current average time the trucks spend in the system, including service? Show answer.
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