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Weekly demand for a particular product averages 60 units, with a standard deviation of 5. This item is managed with a fixed-order-interval model. The order interval is 4 weeks, and this item has a certain lead time of 1 week. The desired service level is 97.5 percent. Assume that it is now time to place another order, and there are 23 units on hand. How many units should be ordered?
In a single-period inventory situation, the probabilities that demand will be 1, 2, 3, or 4 units are 0.1, 0.4, 0.3, and 0.2, respectively. If 3 units are stocked, what is the probability of selling all of them?
What are some possible barriers to the effec-tiveness of your motivation ideas? What could you do to overcome them?
With the advent of scanners and the universality of the portable document format (PDF), the market for optical copiers is shrinking rapidly.
In this simulation, you continue in your role of Senior Vice President for Marketing at Enhanced Analytics, Inc., a provider of marketing and consulting services, with headquarters in Austin, Texas.
You recently purchased a Sirius satellite receiver. The monthly subscription rate is $12.95.
Labor Bargaining A Manchester, NH business is in the middle of a contract negotiation. Where would look for information outside of the company?
A small independent amusement park collects data on the number of cars with out of state license plates. The sample size is fixed at n=25 each day. Data from the previous 10 days indicate the following number of out of state license plates:
What customer benefits will you include in your proprsal? Will you use a letter or memo format for your proposal? Explain your answer.
Stanford Rosenberg Computing wants to establish an assembly line for producing a new product, the Personal Digital Assistant (PDA). What is the cycle time? What is the theoretical minimum for the number of workstations that Rosenberg can achieve in ..
Supply management question: Describe countertrade. What are its major advantages to a manufacturer from a developed country with a pegged currency? What are the major disadvantages?
Set up a spreadsheet model to calculate total monthly profit with production quantity as the decision variable.
There are just as much "law enforcement technology" as there are law enforcement agencies, if not more.
What could be done to get more accurate reporting of incidents? How do regulatory agencies assist in providing benchmarking data?
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