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A company stocks an SKU with a weekly demand of 225 units and a lead time of 3 weeks. Management will tolerate one stockout per year. If sigma for the lead time is 175 and the order quantity is 800 units, what is the safety stock, the average inventory, and the order point?
Choose one of the following scenarios and create an outcome/deliverable based WBS to at least the 3rd level: Build a new Childrens Playground (requires a "theme"), School Reunion Event, New Online Simulation Survival Simluation Game or Thanksgiving D..
What is Total Cost Analysis? Why are the three levels of interdependencies in total-cost analysis important to consider when making logistics decisions? Give examples for each interdependency?
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. Thomas's fastest-moving inventory item has a demand of 6,050 units per year. What is the optimal number of days in be..
Many times we have a contract in front of us and we merely scan it and then sign it. Discuss what makes contracts difficult to read or comprehend.
Can observation method be used to determine consumer preference for weather related information. If so which observational method would you use also why.
Why should organizations identify and use best practices? What are some of the things that alpha project managers do differently from other project managers? Give an example. Discuss several reasons why the Project Management Institute (PMI) develope..
Many scholars have argued on the existence of business ethics, instead favoring the term corporate social responsibility (CSR). Write a three-page research assignment on CSR. Define corporate social responsibility (CSR). Discuss the impact of positiv..
1 which of the following is considered an organizational blueprint which prescribes the quantity and time frame for
Correlational coefficients are commonly used measures one encounters in behavioral science research papers and scholarly publications. Correlation coefficients...
A large part of ethics deals with the possibility of differing opinions on an ethical issue or problem. Many healthcare facilities use ethics committees when faced with ethical issues to sort through the different opinions and submit a decision. What..
Calculate the net present value for a business deal that costs $2500 today and will return $1500 at the end of this year and $1700 at the end of the following year. Use an interest rate of 13%
If the earned value of a project activity is $5,500, actual cost is $12,000, and planned value is $9,600, what is the schedule and cost performance index for the activity?
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