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Consider a continuous review inventory system. Demand is normally distributed with an average of 64,000 per month and a monthly standard deviation of 8020 units. Lead time is two weeks (assume four weeks per month). If the firm desires only a 67% cycle service level, how many units of safety stock should be held?
Identify and explain at least four strategies of managerial influence. Give examples of how each strategy may or may not work when exercising influence downward and upward in organizations
Why do you think these restaurants are unbundling their products? When is product bundling effective?
Explain why is planning important to success of a project. When would you, as a manager, use strategic planning. When would you use management planning.
Houston’s Shredding Service has just completed a minor repair on a shredding machine.
Suppose that MW Inc. has a production rate of 450,000 units per year, and a daily demand of 1500 units on each working day (assume 250 working days per year). They estimate that is costs $140 to setup for each production run, and the holding cost per..
What can the organization do to discourage co-production in these situations?
As a department supervisor, you have long been a believer in continuing education and training for your employees. You and two or three of your senior employees have served as instructors. How would you react if you were left with no allocation for e..
What principles are the most important in defining and understanding diversity? Why? How do you make individualized connections to your students via online learning? How do you increase student success in your classroom?
Calculate the process capability index and advise if the process is at an acceptable level for an existing process (defend your answer).
Name some of the problems the American Red Cross has encountered with handling donation money.
There are several elements that result from the planning stage but for our purposes we will focus on the development of long-term and short-term goals. Long-term goals are set by the owners, leaders or upper management depending on the structure, siz..
Why do all the business units in an organization that use technology need to be involved in developing management information systems? How does that relate to the goal that a “knowledge-management repository” can be used throughout the organization?
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