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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.
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What organization sets standard for frame relay? a. ITU b. IEEE c. IETF d. FCC
Suppose that you are the manager of a production department that uses 400 boxes of rivets per year. The supplier quotes you a price of $8.50 per box for an order size of 199 boxes
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if minimum cost is same for two cell then which one to give preference in step 3 of this page http://www.expertsmind.com/learning/vogels-approximation-method-vam-assignment-help-
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Discuss the growth in the service sector and the decline of manufacturing in the United States
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