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Suppose the weekly demand for a popular tablet computer follows the normal distribution, N(1500, 200) in UK, N (2000, 250) in Germany, and N (1200, 200) in France. Amazon sources the tablet at $250 per unit, and the sourcing lead time is 2 weeks. Each sourcing order costs Amazon $200 in administrative processing and transportation. The company uses a continuous review (R, Q) policy to manage inventory and targets a 98% service level (k = 2.054). Assume an annual interest rate of 50% to calculate inventory holding cost and 52 weeks in a year. What are the order quantity Q and reorder level R for each DC? Define cycle stock as Q/2, safety stock as R minus the expected demand during lead time, and average inventory as the sum of cycle stock and safety stock. What is the total amount of average inventory held in all three DCs? If Amazon uses one single DC to serve the tablet demand in all three countries, what are the resulting Q, R, and average inventory held in the DC? How many units of inventory are saved compared to 1?
What are some of the forces that are reshaping organizations today? How are managers affected by these forces and what can they do to ensure an effective organization?
Consider an organization with which you have been affiliated as an employee or a member, such as a business, church, sorority, and the like. Provide a short overview.
A large law firm uses an average of 37 boxes of copier paper a day. The firm operates 256 days a year. Storage and handling costs for the paper are $31 a year per box, and it costs approximately $64 to order and receive a shipment of paper.
Identify and describe your four strong and weak leadership qualities. Which is your exemplary leadership style and why? How you have applied successfully?
If a service level of 97% is desired during the reorder interval, what is the reorder point (select the closest number)?
At Panther Lighting Fixtures, employees were asked how the quality of its customer service could best be measured, and management then implemented a survey system based on the feedback. The company has overcome which of the following barriers to succ..
Create enterprise keys for all relations and redefine all relations. revise the relational schema accordingly.
Reverse flows were usually viewed as a necessary cost by business organizations. Why? Has this attitude changed? Why?
What is the system capacity, and which is the bottleneck department. How much slack (unused capacity) is available in other departments
These terms are in the common discourse and you should be comfortable with their definitions and applications. (If you've ever logged on to Facebook, you will especially appreciate the last one.) Moore's Law Metcalfe's Law Reed's Law What are these e..
Prepare a comprehensive emergency management plan based on actions to mitigate security threats. Identify preventative and mitigating actions that will reduce loss.
Ques. 1) Which of the following is not an advantage of the corporate form of business organization?
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