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Favors Distribution Company purchases small imported trinkets in bulk, packages them, and sells them to retail stores. They are conducting an inventory control study of all their items. The following data are for one such item, which is not seasonal. a) Use trend projection to estimate the relationship between time and sales (state the equation). b) Calculate forecasts for the first four months of the next year. Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Sales 51 55 54 57 50 68 66 59 67 69 75 73
Four hundred and ten boxes are to be shipped, and each box has a price of $156. Which shipping alternative would you recommend?
determine riordans manufacturing strategy chase level or combination and explain its benefitscreate a process flow
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A certain professor holds consulting hours for two hours each day. Three types of people need to see this professor: female students, other facility, and male students. The arrival rate for female students is three per hour. The arrival rates for fac..
Determine the target inventory level (TIL) if the hospital wishes to take no more than a 2% chance of running out of oxygen between orders.
Which of the following is not a current trend in operations management?
This is your opportunity to really pitch the advantages of implementing supply chain management and for designing a quality assurance process for these two departments within your company.
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