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Given the following historical data on two alternative suppliers of a critical material your company requires, which of the two suppliers (supplier 1 or supplier 2) will minimize your required safety stock? Show and describe your analysis!
Base your analysis on the supplied data and assume "all else is equal" between the two suppliers. In other words, cost per unit, quality, TCO, etc. do not need to be considered. Do not concern yourself with any other issues or data other than that which is given below.For any given period, your company's goal is to have required materials available in inventory 99.9% of the time.
Your mean requirement (demand) per day: 700 units.
Standard deviation of your daily requirement: 65 units.
Supplier 1
Mean lead-time: 7 days
Standard deviation of lead-time: 1 day
Supplier 2
Mean lead-time: 5 days
Standard deviation of lead-time: 2 days
Outline the requirements of competition and consumer legislative. (SIMPLY WRITTEN PLEASE) (150-200 WORDS)
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Find economies of scope. Provide examples of specific actions Harley-Davidson's managers could take to reduce expenses or share activities through horizontal relationships across brands.
Delta Corps earned $2.50 per share throughout fiscal year 2008 and paid cash dividends of $1.00 per share. During the fiscal year that just finished on December 31, 2009
What skills and competencies are most critical for effective system analysis and design?
Develop a plan for executing each of the steps in the creative selling process.- Carefully ensure that you cover all the bases of how you would go about selling your product to an organizational buyer at Walgreens for distribution to all stores.
important information about organizational development and changeshort answer needed to get me started while i work on
What is a claim? When should it be straightforward? Why should a direct claim be made by letter rather than by e-mail or a telephone call?
How does terrorism stack against other manmade and natural threats? Should the United States continue its approach to counterterrorism? How would you optimize the homeland security enterprise for the challenges and threats of the 21st century? What ..
Construct a small PR Campaign to help an established nonprofit company using the criteria below.
Think back over conversations you have had with friends, family members, co-workers, or classmates. Select a conversation in which the other person wanted to talk about something that was troubling him or her. As you replay this conversation in you..
Explain the differences between fixed and random factors in Design of Experiments (DoE).
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