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Lieutenant Commander Data is planning to make his monthly (every 30 days) trek to Gamma Hydra City to pick up a supply of isolinear chips. The trip will take Data about two days at warp four. Before he leaves, he calls in the order to the GHC Supply Store. He uses chips at an average rate of five per day (seven days per week) with a standard deviation of demand of one per day. He needs a 99 percent service probability to keep the computers running. If he currently has 35 chips in inventory, how many should he order at this time? What is his safety stock level?
Component SM-782 has an annual demand of 3500. The ordering cost is $200 per order, and lead time is 7 days. Inventory holding cost is $140 per unit per year. How much money are they losing every year as a result of this policy? compute economic orde..
The administrator of a small, acute-care hospital is faced with his first managed care contract. He meets with representatives from the prepaid plan to discuss the amount to be paid to the hospital. The administrator is concerned because the managed ..
Which power bases lie within the individual? Which are derived from the organization? How are power and politics related?
The major contribution of the Iroquois Confederation to the United State Constitution is?
All other things held constant, increasing the level of confidence for a confidence interval estimate for the difference between two population means will result in a wider confidence interval estimate.
Mark M. Upp has just been fired as the university bookstore manager for setting prices too low (only 20 percent above suggested retail). He is considering opening a competing bookstore near the campus.
Projects are scheduled to start, run and end at some specified time. Resources are gathered and activities scheduled to meet the deadlines. Define project crashing.
What is the general purpose of the technique. How does or should this help operations in general. What are the limitations of the technique
Obtain a loan application from the local bank and categorize each question in terms of which of the five Cs it is attempting to assess. As you categorizethe sections of the application into the five C's provide a short summary of why you felt it belo..
List three opportunities and three threats that could represent key factors facing your college or university. Briefly state your view of what institution should do in light of these factors.
Simple Moving Average (SMA), Weighted Moving Average (WMA) and Exponential Smoothing (ES) are three quantitative methods of forecasting. Compare and contrast the three techniques by identifying their relative advantages and disadvantages.
The professional logistics manager must develop a knowledge base that is integrated with other disciplines. The decision to enter the global or international supply chain and marketplace is a difficult decision and requires a lot of homework (fact fi..
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