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A cigar company stocks Cuban cigars that have variable lead times because of the difficulty in importing the product. Lead time is normally distributed with an average of 6 weeks and a standard deviation of 2 weeks. Average demand is also normally distributed with a mean of 200 cigars per week and a standard deviation of 25 cigars. a. For a 98% service level, what is the ROP? b. What is the ROP for a 90% service level? c. Explain what these two service level mean. Which is preferable?
In operations management, as in life, a balanced approach is often the best policy. One of the best examples of the benefits of this in operations management is the "lean approach"
You are the contracting officer's representative (COR) of a program management support contract awarded to Easy Corp. It is the first year of a five-year contract. You have noti
Explain each of the following aspects of design Product Job and facilities in detail describing each ones effect on Productivity, as well as the combined effect
a firm isconsidering replacement of a machien, whoes cost price is rs 12200 and scrap value is rs 200 the running cost is rupee given below year running cost 1 200 2 50
The graphic design shop where you work as the Account Manager is doing well. Just last year, the owner hired three new designers and a receptionist, bringing the total number of em
power electronic buys 45ohm resistor, standard deviation for this register is 4ohm.sample size of n=
Explain Division of Work (or Labour). It is a famous principle of Economics, invented through Adam Smith who was the traditional economist. Fayol had advocated Division of wo
Of the six reasons that scheduling resources is important, select which one of the six reasons appears to be the top priority and justify your position.
The sales department tells management that they can increase revenue by 20 percent by increasing sales 20 percent, but the production department says that to achieve that number of
Where can i find a financial analysis of coca cola comparing the past 5yrs from 2009-2013. Something in a word format would be help
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