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Best Bikes produces bicycles and buys brakes from a supplier in Japan. The brake set for one bicycle costs $125, and it is $35 to process the order with the supplier. The company consistently sells 50 bicycles a week (for 52 weeks of the year) and holds an average of 1 week of brake sets in inventory to cover the constant lead time from Japan. The company uses a holding/carrying rate of 20%.
1. What is the average inventory carrying/holding cost for the brakes?
What is the probability that an observed data point would fall outside the UCL? Assume that the process changes and there is a mean shift but the variance stays the same. If the old control chart is being used and the mean shift is equal to plus one ..
Create a graphical representation of a supply chain for a construction company building houses.
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A Manufacturing group mass produces one product. It has 10 manufacturing locations and the manager of each location only reports the average quantity made per location each week. Can the Corporate Operations Manager claim an increase in the performan..
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Discuss the advantages and disadvantages of a push system and a pull system. Give specific product examples as part of your discussion and post should be at least 250 words and APA format too.
jack holmes is a middle-aged lower-level employee at an automobile service center. though he is not paid very well he
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