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Motorola obtains cell phones from its contract manufacturer located in China to supply the U.S. market, which is served from a warehouse located in Memphis, Tennessee. Daily demand at the Memphis warehouse is normally distributed, with a mean of 5,000 and a standard deviation of 4,000. The warehouse aims for a Type I CSL of 99 percent. The company is debating whether to use sea or air transportation from China. Sea transportation results in a lead time of 36 days and costs $0.50 per phone. Air transportation results in a lead time of 4 days and costs $1.50 per phone. Each phone costs $100, and Motorola uses a holding cost of 20 percent. Assume that Motorola takes ownership of the inventory on delivery.
David formed a corporation for tax purposes. No directors' meetings were held. David retained total control of the corporation's operations, and he took money from the corporate account for personal purchases. Creditors sought to pierce the corporate..
Firms with global mindsets are characterized by _
Which of the following is not an event or concept associated with the quality revolution in operations management that occurred during the 1970s, 1980s and 1990s?
Prepare a master schedule given this information: It is now the end of week 1; customer orders are 25 for week 2, 16 for week 3, 11 for week 4, 8 for week 5, and 3 for week 6. Use the MPS rule of ordering production when projected on-hand inventory w..
1. briefly describe what happens in each of the six project management process groups initiating planning executing
It is quite possible that when you solve a linear programming application you may get fractional values for the decision variables as an optimal solution. For example, if your decision variables are how many trains and buses to run daily to meet expe..
Determine which system is more desirable and justify your answer, if initial investments for system 1 is $500,000, system 2 is $800,000, and system 3 is $1000,000.
Social perceptions of the ethical fabric of entrepreneurs is typically mixed. While entrepreneurs are many times seen as individuals who will stop at nothing as long as they achieve their goals, they also have a reputation to keep in their communi..
What is virtual management and discuss types of Virtual organization? Give a suitable approach with example for adopting a Make or Buy decision.
ABC Aircraft uses 3,000 drill bits annually. Each drill bit costs $50 and each order ABC places costs $25. The annual carrying rate is 40% of unit cost.
Huber (2004) wrote on the topic of organizational learning and knowledge acquisition. He noted that a firm or organization's survival is linked to three dependencies, Survival in a dynamic and competitive business environment requires innovation.
Define your decision variables. Define your objective function, and Describe the scheduling restriction represented by each constraint equation.
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