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A local bar serves a premium draft beer to its customers. The daily demand for beer is assumed to follow a normal distribution with a mean of 80 litres and a standard deviation of 16 litres. The lead time required to receive an order of beer from the local distributor is 12 days. Determine the safety stock and reorder point if the bar wants to maintain a 90% service level. What would be the increase in the safety stock if a 95% service level is desired?
what are the assumptions that underpin traditional public personnel management
Consider - a small manufacturing company which produces high quality furniture has provided the following data: 2
Most day-to-day interaction between labour and management involves the: Answer (1) national union. (2) International union. (3) Industrial union. (4) Local union.
What is the difference between morality and ethics?
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Why is it important to continuously update the implementation and communication of a strategic plan? Who should be responsible for updating and communicating a strategic plan? Why?
Which of the following contract types has the greatest risk with the buyer? Answer Cost sharing Cost-Plus-Incentive-Fee Firm-Fixed-Price Fixed-Price-Incentive-Fee
the globalization and geographic dispersion of operations
Can a factory be fast, dependable, flexible, produce high-quality products, and still provide poor service from a customer's perspective?
state the major factors that affect location decisions?
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