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For the grocery delivery business addressed in Question 1, the grocery chains that you are planning to partner with use differing inventory control models. Company A utilizes the Just-in-Time (JIT) inventory control model and Company B uses an Economic Order Quantity model. In reviewing your business plan, the bank loan officer has noticed this. As the loan officer is not overly familiar with either model, a request has been made of you to provide a description of each model and an explanation of why partnering with these companies would or would not create a conflict within your operations. Provide a detailed analysis of the situation in your business model.
Face-to-face meetings sometimes force work to be completed as an ancillary benefit of the social interaction
A recently negotiated union contract allows workers in a shipping department 29 minutes for rest, 12 minutes for personal time, and 17 minutes for delays for each four hours worked
Discuss methods to diagnose employee stress and the specific OD interventions aimed at alleviating
Automobiles arrive at a drive through window at a post office at the rate of 4 every 10 mins. The average service time is 2 mins. The poisson distribution is appropriate for the arrival rate and service times are exponentially distributed.
Explain the flow of authority granted by the powers of a charter of a corporation.
Discuss the advantages and disadvantages of queuing theory for an organization in the service industry.
Assuming an exponential distribution, a particular light bulb has a failure rate of .002 units per hour. What is the probability of failure within 400 hours? What is the reliability function?
Review the unique challenges companies face in new product development. Evaluate how these challenges impact the traditional new product process
The earnings, dividends, and common stock price of Carpetto Technologies Inc. are expected to grow at 8% per year in the future.
Sid Das Brick Distributors currently employs 1 worker whose job is to load bricks on outgoing company trucks. An average of 24 trucks per 8 hour shift, arrive at the loading platform, according to a Poisson distribution.
Discuss the scientific method. What are its key components? How was this method developed, and is it something that can be realistically used in everyday life.
If bicycle sales are expected to reach 10,000 over the holiday shopping season, explain how many 26 inch bikes should Best Wheels plan to produce. Explain how many 10 speed bikes.
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