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A drugstore uses fixed review period inventory system for many of the items it stocks. The manager wants a service level of 98%. The order interval is 2 weeks, and lead time is 2 days. Average demand for one item is 40 units per day, and the standard deviation of demand is 3 units per day. Determine the optimal order quantity when there are 42 units of inventory on hand at the time of ordering.
Illustrate what activities are involved in the operations function and explain how the operations function interacts with other functional areas of a firm.
Providing more employment opportunities for women, minorities also the disabled. Calculating the estimated cost of human capital for the fiscal year mapping out employee training programs.
You need to increase capacity of your manufacturing operation by adding new equipment. Two vendors have presented proposals.
What description or requirements would we establish for measuring height of sample of people? Assume that different researchers will be doing the work at different locations.
An organization recently developed a new compensation system, which has moved the organization from a static grade-based salary to a performance-based compensation system with possible yearly increases determined by yearly performance reviews.
Suppose you were manager of a restaurant also you were told honestly which a couple eating dinner had just seen a mouse. Illustrate what would you say to them. Elucidate how would you recover from this service crisis.
How is fast tracking also crashing different? How are they similar. Provide examples. Choose a business also evaluate beneficial influences of changing technological forces on that business.
To minimize total cost, explain how many units should be ordered each time an order is placed. If the holding cost per unit was $6 instead of $5, illustrate what would the optimal order quantity be.
A pizza delivery company promises to deliver all customer orders within one hour of receiving an order at one of its stores. Actual data for all pizza delivered during the past week showed that the average delivery time was 40 minutes and standar..
Using at least two different quality tools, analyze data also present your conclusions. Elucidate how could survey have been more useful. Illustrate what is next step.
There are five levels of subordinate participation in decision making ranging from highly autocratic (leader decides alone) to highly democratic (leader delegates to group):
A University Web server has five main components every with the same reliability. All five components must work for the server to function as intended. If the University wants to have 95 % reliability, Elucidate what must be the reliability of eve..
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