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Annual demand for a product is 13,000 units; weekly demand is 250 units with a standard deviation of 40 units. The cost of placing an order is $100, and the time from ordering to receipt is four weeks. The annual inventory carrying cost is $0.65 per unit. To provide a 98 percent service probability, what must the reorder point be? Suppose the production manager is told to reduce the safety stock of this item by 100 units. If this is done, what will the new service probability be?
A company has started a phone service that uses overseas doctors to provide emergency medical consultations. The responding doctors are based in a country with low wages but with a highly skilled pool of physicians. Responding to each call takes on a..
Airphone, Inc., manufactures cellular telephones at a processing cost of $81 per unit. The company produces an average of 250 phones per week and has a yield of 80% good-quality phones, resulting in 20% defective phones, 55% of which can be rework..
you are considering opening a small doughnut shop in your hometown. research the process required to make doughnuts.
question. would a fixed order quantity system or a fixed time period system be preferable for a-class items? why? or
Which would increase regular output to a steady 350 units a month, not using any overtime, and using subcontracting to make up needed output. Determine the total cost of thatplan.
Compare and contrast the different elements of the Six Sigma philosophy. Which element is the most important and which is the least important? What are three ways your university or your workplace could improve quality?
On page 271-272 , Parnell (4th edition) discusses the interdependency of strategy and structure. Pryor recognizes the interdependency but like Chandler, Pryor believes that strategy drives (should drive) structure. Discuss (defend) Pryor's positio..
what is the estimate of the mean profit associated with the production quantity of 60,000 dolls?
The CEO of your organization has developed two potential plans to help the organization cut costs. The CEO has asked you to form a group; the members of the group are to represent a cross-section of all the departments within the organization.
write a 200- to 300-word response in which you discuss potential advantages and problems of using a group to make
How does Portakabin Company define quality. What are the quality management techniques that Portakabin use. Demonstrate how Portakabin apply them
Identify the main types of traditional and horizontal organization structure. Using an organization of your choice as an example how is the structure of the organization a reflection of its environment .
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