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The injection moulding department of a company that operates 24x7 uses an average of 20 gallons of special lubricant per day. It takes two weeks for an order of lubricant to be delivered.
a. If safety stock is enough for two days, what is the reorder point?
b. If the usage of lubricant is normally distributed, with a standard deviation of 5 gallons per day and the company wants a service level of 87%, what is the reorder point?
(Land's End) Geoff Gullo owns a small firm that manufactures 'Gullo Sunglasses'. He has the opportunity to sell a particular seasonal model to Land's End. Geoff offers Land's End
Using the stakeholder analysis template (appendix B2in the Hilton and Simon text) for a company that you are familiar with, determine the key stakeholder, and categorize them by th
1 Eric Johnson makes billiard balls in his New England plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in determining the pr
Which strategy is assisting in an organisation? Organisational flexibility will assist the organisation accomplish short lead times needed while meeting customer demands, assis
''OPERATIONS MANAGEMENT IS THE CENTRAL TO THE FUNCTIONING OF ALL BUSINESS ORGANISATIONS''.with reference to the organisation of your choice discuss this statement highlighting how
You have a lease on an oil and gas property with 87.5% NRI that delivers your firm annual profits of $400,000 for five years, with equal production in each year (you will need to t
Why do all managers and supervisors need to have knowledge and skills related to Human Resource management?
What appears to be the primary "secret" of successful supply chain management?
define L shape lay out
Technology has changed the role and some functions of HR. Have these changes resulted in HR losing sight of its role towards employee relations and support? While companies are see
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