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The injection molding department of a company uses an average of 30 gallons of special lubricant a day. The supply of the lubricant is replenished when the amount on hand is 170 gallons. It takes four days for an order to be delivered. Safety stock is 54 gallons, which provides a stockout risk of 9 percent. What amount of safety stock would provide a stockout risk of 3 percent? Assume normality.(Round your intermediate calculations and final answer to 2 decimal places,)
To determine when it is time to re-evaluate the usefulness of the exponential smoothing model you compute tracking signals. What is the tracking signal? What does the tracking signal tells you?
Which is more difficult to assess, business skills or international skills? Why? Would it be best for an MNC to hire someone with business skills and train them in international skills or to hire someone with more international skills and teach them ..
Develop an argument supporting the importance of a strategic plan for the success of the defined business.
When strategies fail, it is often because of:
You are a project manager who is in the process of performing the work defined in the project management plan to achieve the project objectives. You are in which process?
If the government were to increase taxes on gasoline, what will happen to the total government revenue? Why? What are you assuming about the elasticity of the demand curve of gasoline? What is the formula for elasticity?
you run a small shop that makes widgets. you employ 50 workers and each worker can make 2 widgets per hour. they work
What waiting line model would you use to determine the queuing characteristics of buying a ticket for college football game where there are multiple windows to buy the tickets? Explain your answer.
Not constructing a new factory would result in no additional revenue being generated because the current factories cannot produce these new products. Construct a decision tree to help Expando make the best decision.
You are a senior leader who is mentoring a key high-potential future leader. Share with her the pieces of the interactional framework and how she can apply it to improve her own leadership development.
Given the fact that Texaco operated in partnership with the Ecuadorean government, is Texaco’s activity in the Amazon morally justifiable? Explain.
Calculate a service level for each of the above airlines. Marketing expenses for each quarter are known in advance, and could be used to improve forecasting performance with respect to the number of subscribers.
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