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Given this information: Expected demand during lead time = 300 units Standard deviation of lead time demand = 30 units Determine each of the following, assuming that lead time demand is distributed normally: a. The ROP that will provide a risk of stockout of 1 percent during lead time. (Round your answer to the nearest whole number.) ROP_____ Units? b. The safety stock needed to attain a 1 percent risk of stockout during lead time. (Round your answer to the nearest whole number.) Safety ________ Units?
Explain the role of ethics and social responsibility in developing a strategic plan, considering stakeholder needs. Explain how your ethical perspective has evolved throughout t
You are the plant manager at Acme Plastics. You are running two shifts, a day shift and an evening shift. Before the day shift leaves each day, the workers must get an adequate sup
Assignment 5: International Marketing Plan Imagine that you are a senior manager for one of the following companies: • Apple • Burger King • Nike • General Mills
Perfect Face Cream ran a commercial to showcase its new Wrinkle-Free Face Cream. The commercial showed an older woman with severe wrinkles followed by images of that same woman aft
Two Industrial engineers (IE) manage two adjacent subassembly lines separated by a buffer with a fixed capacity as shown in the figure below. They are good friends but they like me
1, Meridian sells sand to customers in saudi arabia. 2, McDonald's in Germany. 3, Campbell's soup company contract with Nakano Vinegar form Campbell Nakano. 4, Flextronic
What internal problems result from the current planning and control policies? In particular, analyze stock turns and availability (e.g. high and low levels).
#quest What happens if line balance doesn’t existion..
Question: Le Bistro makes more than one product and would like to know its break-even point (price). Monthly fixed cost is estimated at $3,500 and management has gathered the f
Economics issues and operation research solutions
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