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Q. After graduation, you decide to go into a partnership in an office supply store which has existed for a number of years. Walking through the store also stockrooms, you find out a great discrepancy in service levels. Some spaces also bins for items are completely empty; others have supplies which are covered with dust also have obviously been there a long time. You decide to take on the project of establishing consistent levels of inventory to meet customer demands. Most of your supplies are purchased from a few distributors which call on your store once every 2 weeks.
You choose, as your first item for study, computer printer paper. You examine the sales records also purchase orders also find out which demand for the last 12 months was 5,000 boxes. Using your calculator you sample some days' demands also estimate which the standard deviation of daily demand is 10 boxes. You also search out these subsequent figures:
Cost per box of paper: $11.Desired service probability: 98 %.Store is open every day.Salesperson visits every 2 weeks.Delivery time subsequent visit is 3 days.
Using your procedure, describe how many boxes of paper would be ordered if, on the day the sale person calls, 60 boxes are on hand?
Describe the target market in the United States, including customer demographics and income levels. Describe the competition the product would face in the United States and how you would create a competitive advantage. Name at least two competitors..
The cost to place also process an order from the supplier is $75. The Corporation operates 300 days per year also the lead time to receive an order from the supplier is 2 working days. Find out the economic order quantity.
Assess the performance measures by which senior management will evaluate the effectiveness of the planning and consulting department regarding the department's role in the justification of the new hospital.
the stamping machines are expected to have 90 percent efficiency considering adjustments, changeover of patterns, and unavoidable downtime. How many stamping machines are required?
storage and distribution operation
Write a five-page paper discussing "Global Operations Management, Global Operations Manufacturing. What are the benefits/downsides of creating manufacturing operations outside the United States?
Of 3 options which do you feel is best. I think TQM covers a wide range. It practically encompasses both Lean also Six Sigma however Lean also Six Sigma are more detail oriented. Explicate what do you understand
Elucidate what is the recommended production rate if a level strategy is adopted with no backorders or stock counts. Elucidate what is the ending inventory for month 4 under this plan.
Calculate a service level for each of the above airlines. Marketing expenses for each quarter are known in advance, and could be used to improve forecasting performance with respect to the number of subscribers.
The dean of the Western College of Business must plan school's course offerings for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 20 graduate courses in the term.
How does the Kanban process focus on the individual within the teamwork concept and How is the Kanban process linked to the Kaizen process and What is capacity planning
How are Hypothesis Development and Theoretical Framework employed in Healthcare? How does the Measurement of Variables (Operation Definition) play a role in Healthcare Field.
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