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For the following scenario, find the order point (R) needed to provide 95% service level:
Average daily demand = 27 units. Standard deviation of daily demand = 5.4 units. Lead time = 3 days (constant).
Be sure to display any important intermediate calculations necessary to find your answer.
What are ethnocentric, geocentric, polycentric, and region centric polices and how is the impact on human resource different in each case? Siemens has announced job cuts of 4,500 employees today because a drop in industrial profits to 1.70 billion Eu..
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Lifeline, Inc., has sales of $585,000, costs of $273,000, depreciation expense of $71,000, interest expense of $38,000, and a tax rate of 35 percent.
MacPack Products orders materials from its suppliers 26 times per year, at a re-ordering cost of $350 (per order). The company's average inventory is valued at $400,000. What is Macpack's annual inventory carrying cost, assuming an ICC rate of 25%..
Adopting an enterprise application is a key business decision as well as a technology decision. Do you agree? Why or why not? Who should make this decision?
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The Green Organization has contracted with you to develop a training program for improving performance and effectiveness in their regional offices globally in the Real Estate Group. The Group accounts for over 10% of gross revenues to the organizatio..
What are the concentrations of acetic acid (pKa = 4.76) and acetate in a buffer solution of 0.10 M at pH 4.5? Enter your answer to two significant figures. (For example, 0.0090 and 0.0097 each have two significant figures, whereas 0.009 has only one ..
Identify a key area where the human resource department is critical to an organization's overall strategic plan.
What is the companys labor hours productivity and what is its multifactor productivity - What is the percent change in the multifactor productivity if the initial process used is the one without the rework capability and is then replaced by the pro..
What is a differentiation strategy? How is it connected to market share gain? Profits? Competitive advantage? What are typical characteristics of a differentiation strategy? What are the challenges or potential disadvantages of this strategic initiat..
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