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Sundance Office Mfrg (SOM) uses a certain type of ergonomically adjusted chair support for its manufacturing operations. Sundance purchases these components from a supplier in Mexico at a cost of $30 per unit. The annual holding cost rate is 25%, annual average demand is 93,000 units and the order cost is $200 per order. The lead time is 6 days. Because demand is probabilistic (standard deviation of annual demand is 38.2 chair supports), SOM has decided to establish a protection level of 94% of not having shortages. The plant is open 300 days per year.
a. What is the safety stock?
b. What is the reorder point?
c. What is the size of the order, Q ?
What barriers might have to be overcome when establishing this standard? Why?
Describe the two studies that you will suggest to the manager. Discuss the advantages and disadvantages of each studies.
why is it important to recognize and understand how the relationship between leaders and followers may be affected by each of these dimensions?
Resolve part A if the rates are Y4 from odd to even departments, Y5 from even to odd, Y6 from odd to odd and Y7 from even to even. find the best layout and its cost based on distances.
What are some reasons employees and management have significant conflicts based on your reading of the eText?
Offer an opinion as to which organization you feel has the better or more complete strategy. Identify two competing organizations
Discuss three management issues that you believe are critical in this context.
Boeing has developed the 787 for production in 2008*. It is expected to perform 20% more efficiently than any other plane. Assume the passenger load is similar to the Boeing 777 (which cost $6 billion to design and went into service in 1993). The BLS..
Effective tearms (1) function so well they create their own magnetism, (2) are interested in others success as well as their own, and (3) devalue members who don't work cohesively with the rest of the team. Which statements are correct?
This week, we look at leadership from the manager's perspective and explore the differences looking at leadership from a leader's perspective.
The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet.
For what value of ordering cost would its action be optimal? - If the true ordering cost turns out to be much greater than your answer to (a), what is the impact on the firm's ordering policy?
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