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A retailer sells handmade teak folding deck chairs at an average rate of 2 per week. The lead time from the craftsman is 8 weeks. a) What is the average demand during the replenishment lead time? If we set the base stock level equal to average lead time demand, what will be the fill rate? b) Suppose that the standard deviation of demand during the lead time is equal to the square root of average lead time demand. What base stock is needed to achieve a fill rate of 95 percent? What is the reorder point for this base-stock policy? c) If we left ROP at the level in part b) but ordered chairs in batches of 2, would the fill rate increase or decrease? Why?
Danny the Defendant owned a small grocery store in Tarzana. His Produce Manager, Deirdre, frequently sprayed the produce with excess water that would drip onto the floor, creating trip hazards. Deirdre was warned about this many times by Danny. Descr..
two managers are debating the consequences of adding something - well call it component x - to their firms
List and define the influencer marketing techniques used by organizations—professional influencer programs, peer-to-peer influencer programs, buzz and viral marketing, and the cultivation of connectors. Which one would generate the most conversation ..
How should social class influences affect the planning of a new restaurant in a large city? How might the four Ps be adjusted as a result of social class influences?
Estimate the total time and cost for excavation of a trench 30-in. wide with an average depth of 7 ft. The trench is 6,400 & long in common earth. A ladder-type trenching machine will be used with productivity of 25.9 ft/hr.
Consider yourself as customer service executive for a newly established women accessories company in New Zealand. The director requires you to plan an ongoing customer relationship management campaign that will focus on existing VIP customers with an..
Discuss the differences between leadership and management, and how a leader's strength affects the business. Discuss resources to find qualified individuals to work for your firm and how operational management and human resources are interwoven.
A network consists of the following list. Times are given in weeks. Calculate the probability that the project will be completed in less than 28 weeks.
Your assignment is to write a story about a hypothetical group and its development through the four phases. As an option, you can use a personal experience from your own life. Write a brief definition of each phase of group development and describe h..
in the course of your day-to-day work you need to write dozens of business letters to your colleagues clients
You have just started work for Warren Co. as part of the controller's group involved in current financial reporting problems. Jane Henshaw, controller for Warren, is interested in your accounting background because the company has experienced a se..
Intuit developed the wildly successful quick books: Simple Start Edition, Which eliminated all accounting jargon. Could this idea be the foundation of a new version of Intuit's top-selling Turbo Tax software, which removed all tax accounting jargon f..
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