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Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. The hospital uses approximately 50 bandages per day. The actual number tends to vary with the number of patients on any given day. Usage can be approximated by a normal distribution that has a mean of 50 and a standard deviation of 4 per day. A supply company delivers bandages with a lead time of 1 week. The hospital policy maintains a stock-out risk of 10%. Also, it is known that the ordering cost is $3 and the yearly holding cost per unit is $1.
(a) Determine the appropriate z-value.
(b) How much safety stock should be held?
(c) Compute the reorder point (ROP).
(d) Calculate economic order quantity.
(e) Briefly explain the scenario above.
The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.
Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..
Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.
Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.
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What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?
Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..
This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.
Identify the purposes of different types of organisations.
Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur
This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.
Prepare a major handout on the key principles of instructional leadership
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