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Honeywell and Cootes law firm still uses pens and paper regularly rather than being a technology enabled company. They estimate that they use 8,000 high quality pens a year with a daily standard deviation of 10 pens. These high quality pens costs roughly $5 per pen. It is estimated that the holding cost is 4% of the value of a pen a year. The assistant manager places orders for pens from Office Supplies Inc., with an estimated ordering cost to be $40. From the time the assistant manager places an order, it takes 5 days for the order to arrive. Assume 365 days per year, 52 weeks a year, and 7 days in a week. Assume the office manager would like to have a 99% service level. What is the optimal replenishment order up to level?
Synergy is an often-used word in business, but as the popular press and the textbook suggest, many efforts at diversification do not provide value to customers or shareholders. Based on your analysis of Harley-Davidson to date and its merger, desc..
What is strategic Capacity Planning? The importance of using strategic capacity planning in the manufacturing of the new running shoe
Craft a brief (1-2 pages) strategy for a business concept that would directly compete with the small business you selected. Explain the rationale for the strategy in detail.
Discuss, Risk and Labor. The post must include at least 250 words, APA format, in text citations, a reference list, and conclude with a question for other students to answer/ponder. Finally, used attached document reference to completing assignmen..
Discuss the process of identifying potential threats to an information asset. How can potential threats be identified? Comment on the usefulness of using established lists for a given industry as well as interviewing experts who have experience deali..
A 5 page paper double spaced on Aggregate Planning on Tesla cars with references. Aggregate Planning to include Targeted Sales Forecast, Production Levels, Inventory Levels and Customers Backlog.
Describe gauge reproducibility and repeatability. How does gauge R and R apply to a six sigma project?
Assuming that the optimal number of machines is four, what is the implied range of shortage cost per machine?
A small furniture manufacturer produces tables and chairs. Each product must go through three stages of the manufacturing process: assembly, finishing, and inspection. Each table requires 3 hours of assembly, 2 hours of finishing, and 1 hour of inspe..
What is the average length of the "place order line"? What is the average length of the "pick up line"?
Ordering cost is $ 40 and annual holding cost is 25 percent of unit price per unit. Which supplier should be used and what order quantity is optimal if the intent is to minimize total annual costs?
A work cell at Chris Ellis Commercial Laundry has a workstation with two machines, and each unit produced at the station needs to be processed by both of the machines. (The same unit cannot be worked on by both machines simultaneously.) Each machine ..
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