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Ryan's Liquor Shoppe orders Scotch whiskey four times a year. The lead time for reordering is estimated to be 25 days. Average demand for Scotch whiskey is 2 cases per day (320 business days per year). Ryan's has estimated the stock-out cost to be $50 per case and the inventory holding cost to be approximately $30 per case per year. Based on past reorder periods, actual demand distribution is: Demand during Lead Time (DDLT) Frequency 40 cases 32 times 45 64 50 128 55 64 60 32 Ryan's is considering carrying 0, 5, or 10 boxes of safety stock. a. Determine the annual shortage cost (TSC) and safety stock holding cost (SHC). b. Determine the optimal level of safety stock.
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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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.
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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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