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The restaurant you are working at makes one massive batch of meatballs each day. If you run out before the end of the day, the last few customers are less than satisfied, but if you make too much, it can be sold to the local hog farmer for feed. Every serving costs $2.25 to make and can be sold for $12.00 to customers. You have to pay $0.25 per serving to transport the extra servings to the hog farmer, but the hog farmer will pay you $0.80 per serving. The average daily demand is 142 servings with a standard deviation of 47 servings. a) What is the target service level? b) How many servings of meatballs should your restaurant make each day to meet this service level?
what are the pros and cons of great lakes coating's not having formalized policies regarding employees behavior?
What workforce capacity in standard operator hours is needed to complete all service calls?
Only one attachment file (a WORD file) can be submitted for grading. You do NOT need to send in your working file from the software "Management Scientist".
The purpose of the Final Paper is for you to culminate the learning achieved in the course by demonstrating your knowledge of organizational management by synthesizing the information from class into work and life experience.
How customers are involved in the design of the product or service. How would the design process for a product could be enhanced by the involvement of the customer? How might that be organized?
Set up the amortization schedule for a five-year, $1 million, 9 percent term loan that requires equal annual end-of-year principal payments plus interest on the unamortized loan blaance. What is the effective interest cost of this loan?
It is generally agreed that HR planning involves four distinct phases or stages, the first being situation analysis or environmental scanning. What are the next three stages?
Evaluation of the various organizations that are benchmarks in purchasing and supply management, and their best practices. Provide specific examples of companies who show market leadership in purchasing and supply management.
Construct time series plot. What type of pattern exists in the data. Use simple linear regression analysis to find the parameters for the line that minimizes MSE for this time series.
With the following information, compute the throughput time and the manufacturing cycle efficiency: Wait time 12.0 days Inspection time 0.9 days Processing time 3.5 days Move time 0.2 days Queue time 2.0 days.
Joe's Camera shop has a favorite model that has annual sales of 145. The cost to place an order to replenish inventory is $25 per order, and annual inventory costs are $20. Assume the store is open 350 days per year. What is the optimal number of or..
imagining yourself to be the customer construct a house of quality to provide the organization with your perspectives
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