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A base stock system is used to control an item in a retail store. The demand for this item is Poisson distrubiton with a mean of 2 oders per week. The numbers of orders in a week is assumed to be exponential distribution with a mean of 1 week. The cost of this item is $60 and the inventory carrying cost rate is 0.2
The salesprice is $90 and the time dependent storage cost is $12. What is the optimum base stock level?
Compute the composite (weighted average) rating for each location.
the number of girls who attend a summer basketball camp has been recorded for the seven years the camp has been offered. Use exponential smoothing with a smoothing constant of
A large electric utility company has proposed building an $820 million combined cycle, gas-powered plant to replace the electric generation capacity at one of its coal-fired facilities.
Under what environmental conditions are price wars most likely to occur in the industry? What are the implications of price wars for a company?
David Smith recently purchased a chain of dry cleaners in western Wisconsin. Although the business is making a modest profit now, David suspects that if he invests in a new press, How many shirts will David have to press to break even?
Deegan is considering using overtime to increase the available assembly time. What would you advise Deegan to do regarding this option? Explain.
Create a sample human resource strategy that aligns with subsequent business strategy: "A satisfied customer is best business strategy of all."
Describe four (4) strategies the government must address to sustain union membership also representation among public workers.
In need of cash, Adrien transfers the instrument for value by blank indorsement back to Jess. When told that Ben has left the country, Jess strikes out Ben's indorsement.
What is the break even quantity between buying and making and With the change in lead times, the pipeline inventory and What was the inventory turnover
Identify and describe the benefits that outsourcing logistics will bring to the organizations. Explain the various steps of the project procurement process.
What are two common law theories under which individuals who have been harmed by polluters can obtain damages and injunctions?
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