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You are a major tire retailer in an urban area, and the demand for your most popular tire historically follows a Normal distribution with a mean of 240 per day, with a standard deviation of 28, and a net profit of $7 per tire. Replenishment by the manufacturer's DC has a lead-time with a Normal distribution mean of 12 days and a standard deviation of 1.3 days. Ordering and holding costs are low, and you just lump them all into your overhead costs. What is a good reorder point? What is a good safety stock, if any? A customer who is not satisfied at your store does not wait and simply drives down the street to a competitor.
What are the assumptions that a communicative framework for negotiation is based on, and how can this information be useful
The value chain priorities can be quite different for firms taking different business strategies. Create examples of value chains for three firms
Based on the principle of path-goal theory, evaluate the actions of the two coaches, and then provide an analysis of how they have (or have not) integrated the key considerations of this theoretical perspective into their leadership styles.
The Hickory Cabinet and Furniture Company makes chairs and tables. The company has developed the following nonlinear programming model to determine the optimal number of chairs and tables produce each day to maximize profit.
Are you concerned that this might be a crisis situation-akin to an employee going "postal" in the workplace-waiting to happen? If so, what would you do? Why?
A manufacturing company has a small production line dedicated to the production of a particular product. The line has four stations in serial. Inputs arrive at station one.
explain how information literacy is a set of skills that builds or relies upon an expansion of communication and critical thinking skills
At Dot Com, a large retailer of popular books, demand is constant at 32,000 books per year. Illustrate what is the reorder point. Illustrate what is the inventory position immediately after an order has been placed.
Some individuals believe that compromise isn't a good conflict resolution technique because there is no distinct winner and the decision reached is probably not ideal for either group.
Evaluating strategies on a continuous rather than a periodic basis is desired. Discuss the pros and cons of this statement
Organizational culture is an externally imposed system of constraints on the behavior of suppliers in an organization.
What is the essence of the global challenge facing American firms? Describe how the challenge is different for companies headquartered in other countries.
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