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Given the following information, formulate an inventory management system. The item is demanded 50 weeks a year. Item cost $ 9.00 Standard deviation of weekly demand 30 per week Order cost $ 250.00 Lead time 3 weeks Annual holding cost (%) 34 % of item cost Service probability 98 % Annual demand 27,500 Average demand 550 per week Determine the order quantity and reorder point.
Why do businesses such as Macy's hire seasonal and part time employees. what is the logistics of this retaining practice, explain what goes behind such a practice and why does this beneifit the company?
Which of the following assumptions is not an assumption of the transportation model?
Using the Learning Curve of 85%, determine what is the expected time required to produce the 40th unit, if we know that the 10th unit took 6.1 hours?
Analyze the advantages and disadvantages of tariffs. Provide support for your response.
Discuss the purpose of OM and how it could improve things like production, quality assurance, resource management, and customer stratification.
Identify three internal and three external factors influencing the setting of prices. Discuss how each of these factors influences the price of a service.
Leaders must frequently address competing needs of work groups. Conflict can arise when groups vie for limited resources. Addressing the conflict is essential to leading.
Explain the historical evolution of health care quality improvement programs. Demonstrate an understanding of operational management theory.
Oil Blending . An oil company produces 3 brands of oil regular multigrade and supreme each brand of oil is composed of one or more of 4 crude stocks each having a different viscocity index the relevent data concering the crude stocks are
symbolic leadership cultural actions are behaviors signals and events that leaders create and enact to develop and
What are regional trading blocs? What are the three largest regional trading blocs? What countries are members of each bloc? What are differences and similarities among these three regional trading blocs?
Integrated Delivery System: show flow of information describing the advantages to an acute care hospital with an ambulatory practice
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