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Hy-Vee uses a (Q, R) inventory system to control its stock levels. For a 12-ounce bag of Barilla three-cheese tortellini, historical data show that the distribution of monthly demand is approximately normal, with a mean of 28 and a standard deviation of 8. Replenishment lead time for the tortellini is about 14 weeks. Each bag of tortellini costs the store $6. Although excess demands are backordered, the store owner estimates that unfilled demands cost about $10 each in bookkeeping and loss-of-goodwill costs. Fixed costs of replenishment are $15 per order, and holding costs are based on a 30% annual interest rate. a. What are the optimal lot sizes and reorder point for the tortellini? b. What is the optimal safety stock for the tortellini?
Analyze each article and discuss why each one's author might have chosen to include or exclude some facts and why some were presented in the fashion they were. Make sure to include specific examples from each article to support your opinion.
He wants you to try to place favorable stories about the baseball star in the media and create a positive environment for him. If formally accused, it could mean irreparable damage to his baseball career.
You can see the Medusa software post a success result in this video. There is also a screenshot example of asuccessful result on page 84 of the textbook.
In a hotel, twelve guests are trying to share Internet access by using a single Ethernet cable in a guest room and the other devices they have (e.g. 12 laptops, a single switch that has at least twelve ports, and a few Ethernet cables).
Automobiles arrive at the drive though window at a post office at the rate of 4 every 10 minutes. The average service time is 2 minutes. A second drive though window is being considered. what is the average time a car is in the system? what is the av..
Although cost leadership is perhaps less relevant for firms pursuing product differentiation, costs are not totally irrelevant. What advice about costs would you give a firm pursuing a product differentiation strategy
Sonnie's Gourmet Sandwich Cafe, a popular new fast casual restaurant, serves high-quality, made-to-order sandwiches. Located in a local outdoor shopping center, parking in front of Sonnie's is limited. However, there are many parking spaces available..
Developing a Brand Name and an Image Management Program. Conducting a Promotions Opportunity Analysis for Your Product.
Nucor Steel, which has an operation in Auburn, New York, is an enigma of sorts. It has the highest paid employees in the steel industry. At the same time it has the lowest labor costs per ton of steel produced than any other player in the industry. H..
What is the responsibility of democratic countries like the United States to push for reform in totalitarian states? Should countries use trade policy as a mechanism for change?
Submit a paper and a spreadsheet that provides a justification of the appropriate statistical tools needed to analyze the company’s data, a hypothesis, the results of your analysis, any inferences from your hypothesis test, and a forecasting model th..
Describe the desired outcome. Guided Response: Analyze several of your peers' posts. Give advice to at least two of your peers suggesting any approaches you have found that may prove to be helpful in conducting their adaptive work.
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