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Weekly demand for gaming consoles at a BestBuy store is normally distributed with a mean of 1,000 and a standard deviation of 400. The replenishment lead time from the supplier is 4 weeks. BestBuy is targeting a SL of 95% and uses a periodic review policy under which it reorders consoles every 8 weeks.
(a) What is the average order size?
(b) How much safety inventory should they carry? What should their order-up-to level be?
Compare the advantages/disadvantages of displaying the schedule as a network versus a gantt chart.
(a) Describe how a Ponzi scheme works. (b) How much, if at all, do you think the Sarbanes-Oxley Act reduces the likelihood of future Ponzi schemes among U.S. companies? Support your answer with specifics.
What limitations will this place on manufacturing, retail, and restaurant operations?
What is the importance and problems of forward and reverse logistics for the companies using e-commerce.
A sugar mill receives sugar cane from farmers, extracts juice, boils it into syrup, also n crystallizes syrup into raw sugar. Elucidate how would you manage an organization manufacturing motors in a turbulent also dynamic environment.
The objective is to find a production plan that maximizes the daily profit. Formulate your model mathematically and solve it by using the Excel solve
Does S. Li Ping have a legal and/or ethical obligation to charge “out-of-staters” the same repair price as “in-staters?”
As used in OB, the term multiculturalism refers to:
Tom would like exactly 3 pints of home brew today and at least an additional 4 pints of home brew tomorrow. Dick is willing to sell a maximum of 5 pints total at a price of $2.40/pint today and $2.16/pint tomorrow. Formulate the linear programming mo..
Identify the core principles of management. Identify the core principles of marketing.
What are the characteristics of a limited liability company? What are the advantages and disadvantages of forming an LLC.
On January 2, Wabash Construction Company, a general contractor, executed a written contract with Anderson Brick, Inc., a subcontractor. The contract relates to a major “strip mall” building project in Morgantown, and Wabash faces a deadline of Octob..
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