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The annual demand for a product is 16,400 units. The weekly demand is 315 units with a standard deviation of 90 units. The cost to place an order is $31.00, and the time from ordering to receipt is four weeks. The annual inventory carrying cost is $0.20 per unit.
Find the reorder point necessary to provide a 95 percent service probability.
Suppose the production manager is asked to reduce the safety stock of this item by 55 percent. If she does so, what will the new service probability be?
Illustrates what is the maximum number of applications per hour which can be handled by the present configuration of the process.
Consider this scenario: You are the senior executive responsible for technology innovation for Company A. The company learns of the cost and efficiency advantages
Read the Location Selection through Integrated Systems Management article. Define Integrated Systems Management in your own words and discuss the application of the 3 stages of facility location.
Metal Fabricators just issued $1,000 par 20-year bonds. The bonds sold for $758.18 and pay interest semi-annually. Investors require a rate of 9% on the bonds. What is the bonds' coupon rate?
Regional trading blocs, such as the EU and NAFTA, are growing in importance. What are the implications of these trading blocs for international business? Are they helpful or harmful? How may they affect a firm%u2019s investment decisions?
Describe the framework of the general model of planned change. Include a discussion of each activity and a typical sequence of events.
draw a graph illustrating the crossover (or difference) points.
Education is often used as an indicator of a person's socioeconomic status. Historically, the number of years of schooling completed has been recorded in the census of population as a measure of education.
Identify potential ethical challenges that may be faced by security professionals as technology advances, applications become more mobile, and computer criminals become more innovative.
Discuss three issues that can deter high performance when outsourcing a project.
You are the captain of basketball team and have to make decision of playing five. Four players are already selected and you have to make decision among three players named Andrew, Jack and Matt. Assume that only one will be selected and others won..
Your company has an average annual inventory of $70 million. Its annual cost of goods sold (COGS) is $560 million. Order costs are $195 per order, and inventory carrying costs are estimated at 23%. What are the annual turns (how many order cycles ..
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