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The demand for staplers at an office supply store is 1,092 per year, the holding cost is $3 per stapler per year and set up cost is $15 per order. Lead time is 1 week and standard deviation of the Lead time is 5. A cycle service level of 85 percent is desired. a. Determine the period (P) and the Target inventory (T) b. Compare the results with the results with those of the Q-System c. How much to order under both system? d. When to order under both System? e. Protection interval under both system. f. Safety stock under both system.
How can having a project closure procedure improve future projects and benefit the organizations involved. What are the dimensions of project closure? Do you feel any of these factors play a bigger role in closure
Consider the baggage check-in of a small airline. Check-in data indicate that from 9 a.m. to 10 a.m., 282 passengers checked in. Moreover, based on counting the number of passengers waiting in line, airport management found that the average number of..
For your risk management assignment, do some of your own research into effective project risk management factors and techniques. Develop a working excel model that puts weights on your selected factors and produces a score that can show what the degr..
What is involved in project scope management and why is good project scope management so important on information technology projects.
Analyze the sales force strategy of a company that you have familiarity to identify at least two weaknesses or opportunities for improving the sales force effectiveness. Then, suggest at least two recommendations that could increase effectiveness.
Consider all the security countermeasures and controls implemented on your personal computer (antivirus software, password protection, firewall, etc.) Provide three performance measures that may indicate their effectiveness. How would you go about co..
Setup cost should be treated as ordering cost and larger time unit is the month and smaller time unit is the day.
Assuming you were able to get a total population and you want to establish a homogenous response what specifically will you do?
The management of Sweet Soft Drinks Corporation, a U.S. firm, wants to expand into foreign investment and employment markets. They are considering either opening their own production facility in a foreign country or entering into a licensing agreemen..
Use Graphical Solution methodology to find the optimal solution of the above Linear Programming model, which means you need to find the optimal value of x1 and x2. Determine the optimal value of the objective function. Write down the Linear Programmi..
You are the project manager for a project to add functionality to your company’s web site.
The growth in the use of 3PLs has been steadily increasing over the past decade. As stated in the text, there are often good reasons to outsource all or part of the transportation function, but there are also downside risks. As the VP for Logistics i..
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