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A bakery uses an average of 60 ounces of organic orange juice daily. Demand is normally distributed with a standard deviation of 15 ounces. The bakery places an order every seven days. The lead time for delivery of the juice is three days.
i) Compute the safety stock required to achieve a 95% service level.
ii) If the bakery has 150 ounces at the time an order is placed, how much should be ordered?
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A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
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Ccompare the effectiveness of different leadership styles in different organizations
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