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Weekly demand for private label washing machines at Karstadt, a German department store chain, is normally distributed with a mean of 500 and a standard deviation of 300. Karstadt currently has a supply source in China that delivers machines at a cost of 200 euro. The lead time required by the supplier is normally distributed with a mean of nine weeks and a standard deviation of six weeks. A European supplier has offered to deliver washing machines with a guaranteed lead time of one week at a cost of 210 euro. Karstadt has a holding cost of 25 percent and targets a cycle service level of 99 percent. Should Karstadt accept the local supplier’s offer? please provide the solution in mathematical way
The United States exports in services are increasing rapidly and have a positive balance relative to the imports of services. Use the Dabur India Ltd. and Parmalat USA Turnaround cases to identify examples of American firms that offer specialized bus..
What would you have done differently if you were working on the project independently? What other potential strategies might be more effective for bringing this particular innovation to fruition in your opinion?
Define the concepts of logistics and JIT. explain three key advantages of using JIT within a logistics planning process. Explain three caveats to using JIT.
You will create an entire Transformational Change Management Plan for a medium-sized public company that has lost business to a competitor that has chosen to outsource much of its production operations. The company has been based in a small Midwes..
What are the factors that are key for establishing product differentiation in the new post-recession consumer environment especially as it relates to economic indicators
What is the purpose of a performance appraisal? Discuss the pros and cons of at least four performance appraisal tools. Compare and contrast performance management and performance appraisal.
How can you determine a core competency? construct a questionnaire with multiple choice options of about 20 items that covers the domains of skills, experience and education required for a job. What is the relationship between capabilities and core ..
Jim Gilbert's Computer Store in Lake Mary sells a printer for $200. Demand is constant during the year, and annual demand is forecasted to be 600 units. Holding cost is $20 per unit per year, whereas the cost of ordering is $60 per order. Currently, ..
A company's total output for DVDs is 5,000 units (20 per day), and the cost per unit is $60. The total time between date order and date of receipt is 5 days.
How do leaders use communication to influence and persuade others? Think of some one you have known who is skilled in the art of persuasion. What makes this person an effective communicator?
Which type(s) of organizational culture has (have) been shown by research to be most strongly related to subjective innovation?
The insurance organization processes thousands of these forms each day also due to the high cost of inspecting each form, only a small representative sample of 300 was collected each day. Compute the upper also lower control limits for the chart.
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