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The weekly demand of a certain consumable item XYZ at NAS North Island follows Poisson distribution with a mean of 5. The demand at NAS Miramar follows the same distribution with the mean of 6. Assume that the inventory is monitored continuously and the order lead time is 3 weeks. (a)What is the required stock level at the beginning of the week to maintain the service level at 98% (use z=2.05) at both places? (b) What is the required stock level if the above two NAS’ are consolidated?
Your boss at Gerry Cook Products, Inc., has just provided you with the schedule and lead times for the bracket in Problem 14.8. The unit is to be prepared in week 10.
Let’s look at the focus group technique for gathering customer feedback. Have you participated in a focus group session? How was your experience? What are the relative advantages and disadvantages of focus groups? How can they be useful? How could th..
According to Macionis (2011), sociology is the systematic study of human society, within which falls the sociological perspective. Based upon your textbook reading, how might you use the sociological perspective if you were visiting a different count..
What are some non-government organizations, and do they have the same international human resource management issues?
1 do you think that six sigma is always the most cost effective approach for all processes? why or why not?2 scheduling
How has the need for organizational change consulting been impacted by technology? How has the process of organizational change been impacted by technology?
Briefly explain the main points of the Clinical Documentation study.(In other words, how will this information affect your work as a Health Information professional?
Please explain from your own personal experience or imagination a scenario the would be considered each of the following and the legal significance: (1) Fraud in the formation of a contract (2) Duress during the formation of a contract (3) Incapacity..
Which of the following statements is INCORRECT regarding the differences between a continuous review model and a periodic review model?
Carbohydrates Anonymous (CA) operates a chain of weight-loss centers for carb lovers. Its services have been in great demand in recent years and its profits have soared. CA recently paid an annual dividend of $1.40 per share. If the market requires a..
Your assistant operations manager, Ken, is truly a great guy. Everybody loves him. He’s funny, very social and good-looking. He also seems to be a great source of support for other employees. What steps should you take to deal with Ken’s sub-par perf..
The classified department of a monthly magazine has use a combination of qualitative and quantitative methods to forecast sales of advertising space. results over a 20 month period are as follows.
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