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The owner of Genuine Reproductions (GR), a company that manufactures reproduction furniture, is interested in measuring inventory effectiveness. Last year the cost of goods sold at GR was $4,500,000. The average inventory in dollars was $500,000. GR plans on increasing next years sales by 10 percent while maintaining its same average inventory in dollars of $500,000.
a. Calculate the expected inventory turnover for next year.
b. Calculate the expected weeks of supply.
The airline knows from past history that an average of 32 customers (with a standard deviation of 22) cancel their reservation or do not show for the flight
A transshipment center receives incoming trucks at its loading dock; on average, 1.2 trucks arrive each hour. There is currently a team of two workers at the dock, who unload each shipment in about 30 minutes
It found which it had an average of .002 defective shipments. It needs to monitor this shipping accuracy using control chart. Illustrate what will be the UCL also LCL.
What style of leadership are you prepared to use in the givin stiation? Do you have a time frame? How will you difine success?
Develop your own forecast for bow rakes for each month of the next yr (yr 5). Justify your forecast also the method you used.
Johnson Industries received a contract to develop and produce four high intensity long distance receiver/transmitters for cellular telephones. The first took 2000 labor hours
A major competitive dimension that forms a company's strategic operational competitive position in their strategic planning is which of the following?
The details of the case are set forth. You are to decide if direct-to-consumer advertising of pharmaceutical drugs is ethical.
A small furniture manufacturer produces tables and chairs. Each product must go through three stages of the manufacturing process: assembly, finishing, and inspection
Compare the supply chain management services offered by these organizations. Which organization would you select to help your industry manage its supply chain.
Explain the process of financial planning used to estimate asset investment requirements for a corporation. Explain the concept of working capital management.
the skills they must possess to be effective in the specific role of a manager for a new department within the service division
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