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1) Part X is a slow-moving part with the demand distribution given in the table below. Assume that replenishment orders placed for part X at the end of the day are fulfilled by the beginning of the next day. Consider a Q = 3, R = 0 order policy for part X. Assume backorders are possible, and are fulfilled the next day. Demand Probability 0 80% 1 10% 2 10% a. What is the transition matrix for the inventory level of part X (assume the state is measured at the end of the day, after demand is realized and before replenishment is received)? b. What is the average inventory of part X? c. What percentage of the time will there be a backorder for part X? Please solve and show the steps to the solution.
Freight car loadings over an 18-week period at a busy port are as follows. Determine a linear trend line for expected freight car loadings.
janice cooper has recently joined a hospital as a part of the internship program prescribed by the nursing school she
How can your selected organization use quantifiable elements to evaluate, monitor, and control marketing effectiveness?
Is it worth reallocating resources so that large orders wait an average of 0.3 weeks while small orders wait an average of 0.7 weeks before being processed?
a. What is Office Supreme's optimal ordering quantity? b. What is the reorder point? c. What is the annual number of orders? d. What is the optimal interval (in working days) between orders? e. What are the annual carrying cost, ordering cost and ..
Assume that the coffeehouse's current order policy is to buy the beans every 8 weeks. The manager says that the ordering cost of S = $45 is only a guess.
What are the six standards of quality health care defined by the institute of medicine ?explain one of the standards and give example and what is pay for performance ?How ahould the approach influence the quality ans cost of healthcare services
A work cell is required to make 80 computerized diagnostic assemblies (for installation into hybrid automobiles) each day. The cell currently works an eight hour shift, of which seven hours is available for productive work
Analyze the critical path of your project, and discuss the total float in the project. Next, suggest the primary measures that you would use in order to manage the critical path and reduce the float in the project.
a new oncologist has joined the medical staff. since 4 west has been the admitting unit for oncology patients in the
Is there a particular type of group that uses a particular leadership approach? Why do you think this is the case?
Formulate a model to the problem and solve determine the optimal schedule for satisfying the demand for the component over the next 6 months.
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