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The injection molding department of a company uses 40 pounds of a powder a day. Inventory is reorder when the amount on hand is $240 pounds. Lead time averages five days. It is normally distributed and has a standard deviation of two days. What is the probability of a stock out during lead time?
How many observations should the manager take in order to be 95% confident that the results will not be mroe than 2.5% aware from the true result?
Financial planning is very important in todays economy but uncertainty plays a very significant role in forecasting. Why and what significance does a high or low level of uncertainty translate into? what can one do to minimize their effects? Suppo..
the eoq model is based on a mathematical derivation with which you would not be expected to be familiar that achieves a
Identify an instance when you thought ignorance absolved a person or group from moral responsibility. Then identify an example of a person or group failing to become fully informed about a moral situation. Under what conditions do you think individua..
Evaluate Netflix's current strategy and determine if the strategy is sustainable. Identify a Netflix strength may be leveraged in the market place to ensure a competitive advantage. Predict the future of the movie rental industry. Provide support ..
From a personal or professional experience base, provide an example of where the use of either a distribution or network model would have been good to use to obtain an optimum decision. Please explain why you have this opinion
analyze the dual role of a manager and healthcare professional. examine challenges that the health professional
Assume that the sales representative just walked in the door and there are currently 420 pounds of pepperoni in the walk-in cooler. How many pounds of pepperoni would you order
K=35,000lb/in^2 and n=0.40 for a metal used in a forming operation in which the workpart is reduced in cross-sectional area by stretching
The Smooth Chin Device Company is a manufacturer of high-end electric razors. These razors are produced using a machine-paced process. For each razor, a tray with components enters the process at the beginning of a conveyor belt. What are the direct ..
the dulac box plant produces wooden packaging boxes to be used in the local seafood industry. current operations allow
What is the mixed model repeating sequence for meeting a daily production requirement of 48 models As, 24 model Bs, 12 model Cs, 36 model Ds, and 24 model Es?
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