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Ned's Natural Foods sells unshelled peanuts by the pound. Historically, Ned has observed that daily demand is normally distributed with a mean of 80 pounds and a standard deviation of 10 pounds. Lead time also appears normally distributed with a mean of eight days and a standard deviation of one day.
a. What ROP would provide a stockout risk of 10 percent during lead time?
b. What is the expected number of units (pounds) short per cycle?
Write an executive summary identifying appropriate design approaches for a selected product and service.
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Utah is a popular resort and is being developed as a hot new spring break destination. Unfortunately, Utah regularly faces shortages of fresh water.
Douglas Davis, controller for Marston, Inc., prepared the following budget for manufacturing costs at two different levels of activity for 2015: Level of Activity Driver: Direct Labor Hours
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Some marketers feel that the image of the particular channel in which they sell their products does not matter-all that a matter is that the right customers shop there and the product is displayed in the right way. Others maintain that channel images..
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the warehouse manager and his staff have been very impressed with your presentation thus far. they are very interested
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