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Q. A part used to repair machines has a normally distributed monthly demand with a mean of 65.0 and a standard deviation of 5.2. If lead-time is so predictable that it can be considered a constant 0.25 month and service level is 90 per cent:
a. Illustrate what is order point?
University fans support $192 ticket price increased overhead cost to 30000 from 25000 per section increase average class size. Illustrate what is multifactor productivity ratio.
A pharmaceutical manufacturer employed observations to improvement training of new reps. What category of research is this?
Develop an inventory management model for HP in Europe. Assume that the Vancouver plant is still producing the 6 models already in Europe. Explain your rationale for such model.
RVW (Restored Volkswagens) buys 15 used VW's at each of two car auctions each week held at different locations. Formulate this problem as a transshipment linear programming model. Solve the problem using the computer. Provide a Excel file.
Illustrate what is the role of inspection in both the manufacturing and service industry. Explain how does it relate to the idea of continuous improvement and the philosophies of the quality gurus, Deming, Juran, Feigenbaum and Crosby.
Find one scholarly journal article reporting on one or more of the following techniques: business/predictive analytics, dashboards, decision support systems, supply chain management.
Illustrate what is expected waiting time before service begins for first class customers as a fraction of this waiting time for coach class customers.
what gripes travellers almost as much as these annoyances is finding out that the person sitting next to them paid a much lower fare than they did for their seat.
explain how it aids in planning, Classifying also resolving specific price and schedule or quality problems associated with program.
From the choice of simple moving average, weighted moving average, exponential smoothing, and linear regression analysis, which forecasting technique would you consider the most accurate? Why?
Illustrate what are the major business propositions for Woodmere and Home Help to consider in evaluating this proposal. Is time-based logistics the right strategy for each company.
The time among arrivals of regular fliers is also exponentially distributed with a mean of 4 min. At the check in counter, travellers wait in a single line until one of the 5 agents is available to serve them. The check in time follows a regular d..
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