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Cranium, Inc., purchases term papers from an overseas supplier under a continuous review system. The average demand for a popular mode is 300 units a day with a standard deviation of 30 units a day. It costs $60 to process each order and there is a five-day lead-time. The holding cost for a paper is $0.25 per year and the company policy is to maintain a 98% service level. Cranium operates 200 days per year.
What combination of changes in lead-time and service level would result in exactly the same level of safety stock as indicated in the table? ( Please show me the steps how to solve it - i know the answer but i don't know how to solve it)
A) Lead-time drops to 41 days and service level increases to 99%.
B) Lead-time increases to 18.52 days and service level drops to 92%.
C) Lead-time increases to 20.54 days and service level drops to 90%.
D) Lead-time drops to 3.5 days and service level increases to 99.54%.
What tasks should be assigned to each worker in order to maximize the capacity of the process and what is the resulting process capacity in toothbrushes per hour?
What kinds of information do you think recruiters can legitimately expect to learn on a social networking site? What would they have to learn elsewhere? How do you protect yourself from appearing unprofessional when you use social networking sites or..
Compute a weighted 3-month moving average forecast for months 4 through 9. Assign weights of .55, .33 also .12 to months in sequence, starting with most recent month. Compare two forecasts by using MAD. Which forecast appears to be more accurate.
Professor Very Busy needs to allocate time next week to include time for office hours. What is this week's forecast using least squares trend line for data?
Engineer E and Owner O are engaged in contract negotiations for E to design and build a building for O.
You have been provided an Access database that contains sales data for the past five years for a florist. The data has information about the date of transaction, client name, client zip code, products purchased, and product price. Provide the steps i..
Business knowledge competencies are particularly important for which human resource role? Answer A) management developer B) employee advocate C) strategic partner D) functional expert
Illustrate how you would coach a subordinate in your organization to write a business report OR memo.
Chariot, a Dallas based hotel chain,
Assuming that the current turnover and profits of both the units are comparable, compare the relative benefits and limitations of Materials Requirement Planning (MRP) for these two businesses
You are the founding entrepreneurs of Zylon Corporation, a fast-growing Internet software company that specializes in electronic banking.
Revise the following sentences to avoid dangling and misplaced modifiers.
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