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Henrique's Correa's bakery prepares all its cakes between 4am and 6am so they will be fresh when customers arrive. Day-old cakes are virtually always sold but at a 50% discount off the regular $10 price. The cost of baking a cake is $6 and demand is estimated to be normally distributed with a mean of 25 and a standard deviation of 4. What is the optimal stocking level?
Q1: Explain how you might take production line approach (transferring the concepts and methodologies of operations management) to a service organization such as a branch bank. Q
Dispute resolution using conflict resolution styles
Discuss how the team basics can be applied in real situations where team thinking becomes important. Course: Team Building, Interpersonal Dynamics, and Empowerment
What happens to inventory as the number of kanban cards increases? Inventory decreases Inventory increases Inventory remains the same The number of kanban cards has no
Customisation - Service Process Matrix Customisation reflects the degree to which the service provided is tailored to the needs of the customer. Organisations which have a hig
The following are monthly actual and forcasted demand level for may through December for units of product manufactured by N. Month Actual demand Forecast demand May 100 102
Since May of 2005, the purchase manager at a department store has been using a 4-period moving average to forecast sales in upcoming months. Sales data for the months of January th
What are the different types of strategies? What are the differences among these strategies? How do you determine which type of strategy is most appropriate for your organization?
Two types of cars (Deluxe and Limited) were produced by a car manufacturer in 1997. Quantities sold, price per unit, and labour hours follow. What is the productivity for each car?
Computer Aided Layout Planning This method has 3 steps. They are as follow: Preparation phase, Specification phase and Analysis In the preparation p
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