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The injection moulding department of a company uses an average of 30 gallons of special lubricant a day. The supply of the lubricant is replenished when the amount on hand is 170 gallons. It takes four days for an order to be delivered. Safety stock is 65 gallons, which provides a stock out risk of 9 percent. What amount of safety stock would provide a stock out risk of 3 percent? Assume normality.
what are the key issues to be considered when managing global management operations
1) Jimmy runs a business in his basement that spin aligns and marks golf balls with logos for tournaments. The automated machine goes through three serial steps; the first step tak
Downloading music, radio, and video programs from the Internet is easier than in the past, but some companies are still worried that people will illegally obtain copies of this pro
How has the increase in uncertainty in business affected the "make-or-buy" decision, and is this trend likely to change?
Assignment of Process layout of any company
What are the main issues that Joe Thomas has to deal with?
Project managers frequently face competing constraints. Identify these common constraints and describe approaches that project managers can use to make the trade-offs required to s
Can you show how to do in excel? Bowman Builders manufactures steel storage sheds for commercial use, Joe Bowman, president of Bowman Builders, is contemplating producing sheds
Service Profit Chain - Operation Strategy Prior to their work on the service-profit chain, Heskett and colleagues produced what they considered as the linkages between the emp
"Professional Application" Please respond to the following: • Assess your preparedness for a business leadership and management position based on what you have learned in your g
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