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NOP Bicycle Parts uses a periodic review inventory control system for one of its stock items. The review interval is 6 weeks, and the lead-time for receiving the materials ordered from its wholesaler is 3 weeks. Weekly demand is normally distributed, with a mean of 100 units and a standard deviation of 20 units.a. What is the average and the standard deviation of demand during the protection interval?b. What should be the target inventory level if the firm desires 97.5 percent stockout protection?c. If 350 units were in stock at the time of a periodic review, how many units should be ordered?
Describe organizational structure of your selected organization, and then compare also contrast it with two different organizational structures.
Select one of the six steps for the blueprint for process analysis and describe how you would analyze a process. The process can be for school, work, home project etc.
Explain the process you selected briefly and state the value added and non-value added steps in the process
illustrate what retailer will give it also product will be offered at a competitive price. Assume new diaper's name will not be associated with or known products.
Do you agree with the jury that she was guilty be-yond reasonable doubt of the conspiracy and obstruction of justice charges? was her punishment, including both imprison-ment and fines, appropriate?
Share your thoughts on what it takes to create, sustain, embed, and deliver on a strategy. What are some of the best practices you recommend, as well as some of the errors to avoid?
Calculate the overall proportion of "tourists" (cars with out-of-state plates). b. Calculate the LCL and UCL for these data
Describe a net-change system. It is usually run at the beginning of each month. The basic production plan is modified to reflect changes as they occur. It is used to authorize the execution of planned orders.
Because the corporation has little experience with either, set up like the other division sin a traditional hierarchy and production system, converting to total quality and JIT/ Lean little by little as time and experience permit
An aircraft company has an order to refurbish the interiors of six jet aircraft. The work has a learning curve percentage of 85. On the basis of previous experience with similar jobs, the industrial engineering department estimates that the first ..
What is the value of the mean absolute deviation (MAD) for the forecasting technique whose forecasts for four past periods and the subsequent actual values are given below?
The strategic approach to OB involves organizing and managing the people's knowledge
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