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Greenfields is a mail order seed and plant business. The size of orders is uniformly distributed over the interval from $25 to $80. Use the following random numbers to generate the size of 10 orders. .41 .99 .07 .05 .38 .77 .19 .12 .58 .60
Green vehicle Inc. manufacutres electric cars and small delivery trucks. It has opened a new factory where the C1 car and the T1 truck can both be manufactured. To make either vehicle, processing in the assembly shop and in the paint shop are require..
What kinds of "gatekeepers" in the organization might be especially helpful to you in your position as a department supervisor?
Storied Lane Components is preparing an inventory management plan for screwdrivers. They have a forecasted demand of 10,935 screwdriers per month with a MAD of 152 screwdrivers per month. The lead time to receive screwdrivers is 1 week(s) and they wo..
Discuss the disproportionate risk of holding inventory by retailers, wholesalers, and manufacturers. Why has there been a trend to push inventory back up the channel of distribution?
Implement the linear optimization model that you developed for Burger Office Equipment in Problem 3 in Excel and use Solver to find an optimal solution. Interpret the Solver answer report and identify the binding constraints and verify the values of ..
Annual demand for an item is 40,000 units. The holding cost rate is 30% of the item cost. Ordering costs are $60/ order. What is the optimal order quantity? What is the total annual inventory cost of your policy?
The beginning inventory is 26 units. The demands during the next four quarters are 78, 89, 71, and 52 units. The ending inventory should be 12 units. Using a level production plan, how many units should be produced each quarter?
Special Feature Of Service Blueprints
Under what circumstances should a company's management team give serious consideration to bidding aggressively to win contracts to supply private-label footwear to chain retailers in a particular geographic region? When the company's market share for..
"Executive Pay Some evidence suggests that there is a direct and positive relationship between a firm’s size and its top-level managers’ compensation. Explain what inducement you think that relationship provides to upper-level executives.
Please discuss how your organization's senior leaders set directions and create a customer focus, clear and visible organizational values, and high expectations for the workforce.
Suppose at the end of the 4-mile section of Highway I70, there is a toll booth. All cars that pass through have to pay. Now this can be viewed as a service system. How would you describe the queuing system (single or multi-channel? single or multi-ph..
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