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Gainsville Cigar stocks Cuban cigars that have variable times because of the difficulty in importing the product: Lead time is normally distributed with an average of 5 weeks and a standard deviation of 1 week. Demand is also variable and normally distributed with a mean of 250 cigars a week and a standard deviation of 26 cigars. Refer to the standard normal table for z-values. a.) For a 95% service level, what is the ROP? b.) For a 96% service level, what is the ROP?
Within the organization, what groups, or functions (such as operations, sales, and marketing), are involved in a network design project ?
What are four policies used to address this issue? How would you implement these four policies in your business strategy?
How is forecasting in the context of a supply chain different from forecasting for just a single organization? List possible supply chain benefits and discuss potential difficulties in doing supply chain forecasting.
Discuss the role that technology, computer based training, webinars, etc, play in determining the cost effectiveness of training programs. Explain the steps or guidelines which can be utilized to help guide the successful implementation of a traini..
Does subliminal advertising work? Support your view. Assuming that some forms of subliminal persuasion can influence consumers; do you think the use of these techniques is ethical? Explain your answer.
Evaluate key elements of the selected production or service organization's operational efficiency with its operational strategy. Determine three tasks that do not align with the operational strategy. Determine the weaknesses that are evident in ea..
Briefly explain codification and personalization as they relate to knowledge management. How does the sort of knowledge management strategy a company has relate to its' business strategy? How should one pick a knowledge management strategy?
Describe the organization & it's history. What makes Zappos successful? What is unique about the way the company is led? What type of management style does the CEO Tony Hsieh use? What organizational beliefs and values does Hsieh hold important?
The Stereo Warehouse in Georgetown sells stereo sets, which it orders from Fuji Electronics in Japan. Because of shipping and handling costs, each order must be for five stereos. Compute and display the average, minimum, and maximum monthly cost. Con..
Why is some knowledge of accounting necessary to succeed in business? Name some of the major stock exchanges where securities are traded. Describe the characteristics of each.
What is the decision to be made, what is the chance event and what is the consequence for this problem? How many outcomes are there for the chance event?
Describe the core values of the organization. Why are these specific values important to the organization. Describe the benefits and purpose for an organizational vision statement.
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