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Annual demand for a product is 13,000 units; weekly demand is 250 units with a standard deviation of 40 units. The cost of placing an order is $100, and the time from ordering to receipt is four weeks. The annual inventory carrying cost is $0.65 per unit. To provide a 98 percent service probability, what must the reorder point be? Suppose the production manager is told to reduce the safety stock of this item by 100 units. If this is done, what will the new service probability be?
In a Word document, create a Smart Art visual representation of how cloud computing relates to PaaS, SaaS, and IaaS. Be sure to include examples for each set
Illustrate what qualities does the restaurant chain require from its leaders. Does the restaurant chain require leadership. Illustrate what qualities does the restaurant chain require from its leaders.
Explain how a Monte Carlo simulation could facilitate a sensitivity analysis of the probabilities of the payoff.
What is the standard deviation of the demand during lead time? (recall from statistics that standard deviation is equal to the square root of variance and also that there are only rules for variances).
One important aspect of persuasive writing is addressing counterarguments. For this discussion, you will practice this skill by writing two paragraphs: one in which you defend a claim and one in which you refute it.
Analyze the capacity situation in the processes that are used to produce the Plasti-brack product line. What are the current capacity utilizations. What is the bottleneck. Determine an appropriate plan for improving the capacity situation.
How can the major HMO management be used to support changes within the industry?
Create an operations plan for my company using SAMPLE Operations Plan Preparation Form. Extract appropriate information from the NAB Company portfolio, where applicable. Other required items in the template should be filled in using your personal ..
You are the same petroleum engineer described above working as the Lead Project Manager for Project Newtown Creek. You have been working for Enviro-Clean for the past 10 years and enjoying it very much because Enviro-Clean’s corporate values deeply r..
What are the benefits of the budgeting process? Describe how an operating budget is constructed. Describe how a cash-flow budget is constructed. Describe how a capital budget is constructed
research the process of producing an expensive product assume that it is something that must cost at least 1000. after
How does sensitivity analysis relate to contingency planning? What are several risk mitigation strategies that you could implement to desensitize these variables?
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