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The Kharn Corporation orders 5 units of an item every day. Daily demand of this item averages 5 units and is distributed as follows: Demand 1 2 4 5 6 7 9 Probability: 0.01 0.04 0.1 0.2 0.3 0.2 0.1 0.04 0.01 a). If management sets the reorder point at 7 units, what is the service level? b). Assuming 200 workdays (annual demand -1000), how many units of annual demand cant be supplied out of inventory? c).What is the average number of stockouts (stockout units) per order cycle? d). What is the total number of stockout units in a year? Please Show all work.
A work center that has 15 machines of equal capability operates 6 days per week, 2 shifts per day, 7 hours per shift. The effective capacity of each machine is 100 units per hour. however, the work center has a system efficiency of 95%. What is the m..
Annual demand of a product is 200,000 units, with standard deviation of 35 units. State the economic order quantity and reorder point.
Discuss the challenges one would have in the preparation of a persuasive speech. How can one overcome these challenges? What advice would you give to your peers/colleagues?
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Howard American Cycles makes and sells custom motorcycles, and does modifications on customers motorcycles. so far most of their advertising is done through word-of-mount. The cycle manufacturer has decided to start advertising through other methods ..
Estimate the main effects. Prepare an analysis of variance table and verify that the AB and AD interactions are available to use as error.
A conflict can be viewed from many different angles, many different perspectives. Perspectivism posits that we know no fact without interpretation, hold not claim of reality independent of belief. Perspectivism also holds that there are many ways to ..
Explain briefly in what complex areas the relationship of the organization and the information technology influence each other. Define an organization from technical and behavioral perspective. What are the central organizational factors to consider ..
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Full question Summarize the standards and guidelines published by OSHA, the ACGIH, and NIOSH that can be used to evaluate airborne exposures to hazardous materials. What are some weaknesses to the permissible exposures limits (PELs) currently enfo..
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