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A large supplier of electronic components has decided to control the inventory of a certain item by a periodic review, order up to R policy. The mean demand rate for this item is 500 units per year. The lead time? Is nearly constant at three months. The demand in the time? + T can be represented by a normal distribution with mean 500 (? + T) and the variance 800(? + T). The cost of each unit is $10, the inventory carrying cost rate is 0.10, the cost of making a review and placing an order is $15, and the cost of backorder is estimated to be $30. Find the optimal quantity and period for this problem.
You are to simulate arrivals and departures from a fictional airport with a single runway which has a capacity of handling a total 6 aircraft at once (any mix of take-offs and land
You are the Customer Service Manager for a US manufacturer and have fielded a phone call from the Japanese Distributor of your products in Japan. She informs you that a major local
how to solve the problem?
You have been appointed as a project manager for a high dollar project for the private sector and you have been asked by your boss to identify the stakeholder groups and the indivi
All of the following are ways through which affirmative action can arise at the workplace except Answer through legal ways. Through judicial affirmative action. Consultant based af
Question 1: Traits theories are not sufficient for explaining Leadership! i. Give an account of the other complementary Contingency theories or parts of the theories that d
SSME is an acronym standing for "Service Sector Management Economics."
Identify negotiation tactics of the sequence of events that transpired just before the United States began operation freedom in Iraq. Describe the strategy or strategies used by an
explain basic competitive priorities considered while formulating operations strategy by a firm?
(a) Identify different types of quality system/philosophy/approaches and critically discuss the relative effectiveness of the philosophy, systems and approaches (b) Evaluate the
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