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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?
Mona wants to negotiate a bearer instrument in her possession to Nat for an order instrument in Nat's possession. Indorsements are required to negotiate
What do you see as the main organizational problems that are likely to be associated with implementation of a transnational strategy? Explain.
Compute the centerline for the x-bar chart. Compute the centerline for the R-chart. Compute the upper and lower control limits for the X-bar chart.
complete a Case Assessment on Optimal Strategic Decision for Disaster Recovery based on the case study provided and other contributing research that you may deem of value
Annual demand for number 2 pencils at the campus store is normally distributed with mean 1,000 and standard deviation 250. The store purchases the pencils for 6 cents each and sells them for 20 cents each.
A regression model that predicts sales is given as: Sales = 100 - 6*(Price). Which of the following can be said based on this model? In developing a multiplicative seasonality forecasting model, which of the following gives the required steps in the ..
Explain the "hierarchy of managers." Explain the roles of each of the three levels. What are the common characteristics of all companies? Can a manager have operation responsibilities?
If expected demand for new miracle cleaner is 300,000 units, illustrate what would you recommend that Gabriela Manufacturing do.
the desired confidence level is 99 percent, and the average of the sample means is 20. What is your LCL?
What are the implications to the use of provider and employer identification? What is quality of efficient MIS system and quality of effectice MIS system?
Compare the supply chain management services offered by these organizations. Which organization would you select to help your industry manage its supply chain.
A study-aid desk staffed by a graduate student has been established to answer students' questions and help in working problems in your OSCM course.
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