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ABC Corp uses EOQ Model to minimize its Total cost of Inventory Mgt. It wants to avoid Stock out 97% of the time. It has a delivery time of 5 days to get the supply of inventory. During the delivery period the Inventory Manager has calculated that it uses on average of 60+/-8 items daily. As a new hire with the ABC, the Inventory Manager has asked to calculate the Reorder Point (ROP) i.e. the reaming quantity of inventory when the order for the EOQ would be placed. According your calculation, the approximate ROP is:
What are the differences between the FMCS and the AAA in their methods of selection of arbitrators? What are the advantages of why some employers and unions contract the use of a permanent arbitrator? Would you use this process? Why or why not?
1)How important is it that the GM be good at networking? As a GM, discuss five specific steps you could take to ensure that the least experienced of your sales team rapidly develops networking proficiency.
Discuss advantages also disadvantages of utilizing intermediaries like wholesalers, agents also brokers to distribute your organizations products or services.
finnish furniture manufactures tables in facilities located in three cities-reno denver and pittsburgh. the tables are
You are the manager of the Gander Mountain store in Frogtown, Illinois. Recently, a customer mentioned that they believed your prices for ammunition were lower than the prices of Gander's primary competitor in the hunting equipment market, Cabela's.
Please provide one example for each of the functions of managment: Planning, organizing, leading, and controlling. Discuss how these functions complement each other in successfull business operations.
Explain the cultural differences and what you would need to adapt to and why in order to connect with the Egyptian market. Discuss how you would adapt these branding ad photos to the Egyptian market.
Distinguishing between employees and independent contractors is important because
The Elixer Drug Company produces a drug from two ingredients. Each ingredient contains the same three antibiotics, in different proportions. One gram of ingredient 1 contributes 3 units, and 1 gram of ingredient 2 contributes 1 unit of antibiotic
A quality analyst wants to construct a sample mean chart for controlling a packaging process. He knows from past experience that the process standard deviation is two ounces.
What do you see as the challenges of globalization? Make sure that you mentioned at least three challenges and pick one of those challenges to go further in depth. Mention an organization that struggled within their globalization strategy and explain..
Can a factory be fast, dependable also flexible produce high quality product also still provide poor service from a consumer perspective.
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