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In your role as production planner, you have experienced too many stock outs on one particular item. This item has 262 pints of demand during the lead time and a standard deviation during the lead time of 11.5 pints.
Calculate the Safety Stock quantity assuming that you are only willing to accept being out of stock 2% of the time. (Keep two decimal places in your answer which should be a percentage)
Do you work in a climate of continuous improvement? What are the indicators of an operations/continuous improvement focus?
List and define a barrier that governments erect to control trade. why do they use these barriers?
Are you Risk Averse or are you a Risk Taker? What about the organization you work for ( or have worked for in the past?)
How would you define statistics? How is statistics used in business decision making? What is the importance of statistics in business decision making? Describe a business situation where statistics was used in making a decision.
Summarize briefly the problems most widely associated with workers' compensation. What does the insurance industry use Experience Modification Rate (EMR) to determine?
research the process of producing an expensive product assume that it is something that must cost at least 1000. after
A local newspaper has been measuring the number of unsatisfied delivery customers for the past few weeks utilizing a survey. Below is a table with the number of unsatisfied customers for the past 4 weeks. Using a confidence interval of two standard d..
How would you improve the existing capacity planning process?
An electronics company makes communications devices for military contracts. The company just completed two contracts. The navy contract was for 2,300 devices and took 25 workers two weeks (40 hours per week) to complete. The army contract was for 5,5..
In-depth analysis of the technique, in which you fully describe the technique, its implementation process, its application by other organizations.
What are the two key questions your cover letter should answer? In 25 words or less, please explain how your cover letter answers those questions. Then, illustrate with specific examples from your cover letter.
When, why, and in what amount should professionals (attorneys, accountants, etc.) who facilitate business be liable for damages that occur in business transactions?
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