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The annual demand for a product is 15,600 units. The weekly demand is 300 units with a standard deviation of 90 units. The cost to place an order is $31.20, and the time from ordering to receipt is four weeks. The annual inventory carrying cost is $0.10 per unit. Find the reorder point necessary to provide a 98% service probability.
Suppose the production manager is asked to reduce the safety stock of this item by 50%. If she does so, what will the new service probability be?
How does a leader differ from a manager and when would it be more advantageous to be a manager rather than a leader?
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What are the 2 most important characteristics of the human service model?
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In a 2-3 page paper answer the following question. Is quality integrated into the Walmart's logistics process?
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