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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.
Explain important Terms of the factories act 1948. Important Terms of act: (a) Factory: A place wherein ten or more persons are working and wherein a manufacturin
I would like to know how can i get the solutions maual for the book systems analysis and design 9th edition by kendall & kendall can you please let me know how to do it
Assume that the company received no government grants and that all the funding for the company has come from VCs. Add an earlier seed round to replace the government funds, and mak
Ski Boards, Inc., wants to enter the market quickly with a new finish on its ski boards. It has two choices: (A) make major modifications at a fixed cost of $26,000, or (B) purchas
Question: You are the Operations Manager at Alien University and one of your responsibilities is to manage the supplies of the University. One of your suppliers has given you
Golden age retirement planners specializes in providing financial advice for people planning for a comfortable retirement. The company offers seminars on the important topic of ret
Why is it important for marketers to fully understand today's consumer behavior? Explain the factors that influence consumer's buying behavior.
If random variable X follows the Normal distribution. X~Normal(10,10). Which among the following statements are correct? Answer a. P(X b. P(X=10)=0 c. P(X>8)=1-P(X
Looking to the future, what value-added components could Blockbuster offer potential partners to enhance its position in the environment?
1) Company A wants to discourage unionization through the United Technical Workers of America. True or False: In order to do so, it can initiate an organizing campaign for the Tech
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