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Annual demand for a product is 13000 units; weekly demand is 250 units with a standard deviation of 40 units. The cost of placing an order is $100. The replenishment lead time is 4 weeks. Annual carrying cost is $0.65/unit.
a) To provide 98% service level what must the reorder point be?
b) If a new safety stock policy is being considered that reduces safety stock by 100 units, what is the new service level?
Which valuation method provides most accurate result. Explain how can you improve valuation process. Use examples to support your answers.
Describe the importance of employee benefits as a strategic component of fulfilling the goals of HRM.
The processing cost per check depends on the site, as listed below. Each day 5000 checks of each type must be processed. Conclude explain how to minimize the daily cost o processing checks utilizing Excel. Explain how did Jim conclude which the pr..
She tells you she believes air quality in the building is bad and would like something to be done. How would you respond? Use the six steps in Exhibit 6.3 that are associated with effective decision making to help frame your answer.
Discuss possible components to an expatriate career package which would make this move more attractive. Explain principles of non male efficiency, beneficence, autonomy also justice. Use examples for each.
Managers like Janis Blancero face a more complicated decision when evaluating personal requests of employees versus evaluating employees individual work performance. Explain.
Adopting an ERP (Enterprise Resource Planning) system is a key business as well as a technology decision. Why would a company want to adopt ERP?
Elucidate how would you present the recommendations also illustrate what data also tools would you use during the presentation.
Firm operates 220 days a year also uses couplings at a steady rate of 50 per day. Couplings can be marked at a rate of 200 per day. Annual storage cost is $2 per coupling; also machine setup cost is $70 per run. Determine economic run quantity.
What factors are most significant to you in determining the research design? Why do some researchers change their hypotheses after selecting the theoretical framework?
Both big and small U.S. and European companies rely upon foreign companies for everything from software development to financial analysis.
Illustrate what are some of the possible explanations for not finding any causes. Illustrate what should the manager do.
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