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During the winter season, the weekly demand for road salt in a small community is Normally distributed with a mean of 800 pounds and a standard deviation of 200 pounds. It takes one week lead time to get more salt delivered. To achieve a 99% service level, what should be the reorder point? What are the service levels (probability of not having a stock out) if the salt is reordered when the inventory level drops to (a) 1200 pounds (b) 1000 pounds, (c) 900 pounds, (d) 850 pounds, (e) 800 pounds. The reorder point to achieve a 99% service level is?
An investment is expected to generate annual cash flows forever. The first annual cash flow is expected in 1 year and all subsequent annual cash flows are expected to grow at a constant rate annually. We know that the cash flow expected in 3 year(s) ..
Are you in favor of globalization or against it? Why? If you were to support the opposite view, what three points could you make? Next, how do you respond to these points of the opposite view?
Assuming the role of a person living in the colonies who does not support independence, how do you answer those who, like Thomas Paine, call for a permanent separation from Great Britain? What arguments can you use to defend your views?
Every rule of law is composed of ___________.
Explain the six components or sources of return for which proper analysis of an investment’s return must include. Discuss the implications of the following statement: “It’s not how much you earn on an investment, it’s how much you keep” Why?
You are an analyst at a small ACO that is just entering the world of HIT. You are behind the CEO in the lunch line and he wants to know what kind of policies should be in place for your go live and how those policies should be developed.
Develop a spreadsheet to answer the following questions.
What do you mean by procurement? If the purpose of the procurement process is to help ensure supply in the supply chain, how is that achieved?
Assume that you are the manager of Assembly, Inc. You have just received an order for 24 units of an industrial robot, which is to be delivered at the start of week 7 of your schedule.
Has management allocated sufficient resources to the strategy execution effort? Exercised strong leadership to propel strategy execution forward? Instituted polices and procedures that facilitate good strategy execution? Explain. What is the role of ..
You’ve heard the word sustainability used in popular news outlets. It is a topic about which much has been written over the past few years; it has been studied academically, and the practice of business in the marketplace has been examined. Is it a f..
Action Research Model- The classic action research model focuses on planned change as a cyclical process in which initial research about the organization provides information to guide subsequent action. Relate a Real Lif Personal Experience /Scenario..
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