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Regional Supermarket is open 360 days per year. Daily use of cash register tape averages 10 rolls. Usage appears normally distributed with a standard deviation of 2 rolls per day. The cost of ordering the tape is $1, and the carrying cost are 40 cents per roll a year. Lead time is 3 days.
a. What is the EOQ?b. What ROP will provide a lead time service level of 96 percent?c. What is the expected number of units short per cycle with 96 percent? Per year?d. What is the annual service level?
A manufacturing shop is designed to operate most effi ciently at an output of 550 units per day. In the past month the plant produced 490 units. What was its capacity utilization rate last month?
Discuss the common measures, and best practices, in measuring leadership success. Propose one additional theory that you would utilize to evaluate the success, or competence, of a leader.
Identify and explain short term incentives and long term incentives and the importance of each in a compensation strategy.
What are the four special considerations for a good capacity decision? Distinguish between utilization and efficiency.
Assuming which no ships are in harbour at time 0,run simulation for 90 days also compute minimum, maximum, also average time which ships are in harbour (which includes their time in berth). Also estimate expected utilization of each berth also of ..
Illustrate what kinds of programs would you implement to educate your people about benefits of trade.
Describe the organizational culture of the Air Force Academy as presented in this case in terms of its similarity and differences to a typical college or university.
Compare the treatment of mental illness in the medical model, the public health model, and the human service model. Which model provides the best treatment or approach in your opinion? Why?
Evans & Wurster assert which Information Technology might enable some to escape the historical trade-off between richness also reach. Does this apply to the consulting industry.
The new process would have fixed costs of $90,000, and variable costs of $5. What is the crossover point for these processes? For what range of outputs is each process appropriate?
why dose the effective management of diversity make good business senes ?
As you formulate the policy put yourself in the supervisors shoes. As you read your finished product put yourself in the employees shoes; how does that change your perspective?
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