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The following table contains figures on the monthly volume and unit costs for a random sample of 16 items from a list of 2,000 inventory items at a health care facility. Develop an A- B- C classification for these items:a. The following table contains figures on the monthly volumeb. Given the monthly usages in the following table, classify the items in A, B, and C categories according to dollar usage:c. Determine the percentage of items in each category and the annual dollar value for each category for part b.
Explain the three key elements involved in evaluation of a transportation system's needs for training and simulated drills.
Sequence the jobs by FCFS, SPT, SLACK, and DDATE. Calculate the mean flow time and mean tardiness of the six hobs under each sequencing rule. Which rule would you recommend?
What are the economic conditions (including international aspects) that affect the cost of money
Two estimating methods we have studied are parametric estimating and 3-point estimates. Explain how these could be used to mitigate risks in two of the RBS heading areas: “project management” and“technical” risks.(4 points = 2 points per clear two pa..
Your Company plans to transport 20 horses to a racetrack in Denver. You know that it takes 12 hours to drive directly from Phoenix to Denver. You also know that you have to stop and feed the horses every 2 hours.
A project manager who assists his or her team members in understanding the purpose and benefits of a particular project will obtain a higher level of commitment from the team. Discuss some of the things a project manager should mention to the team wh..
you have just been hired to head up the european offices of a major soft drink distributor based in the united states.
What are the most important metrics for operations managers? How does each metric support the overall financial performance of the organization? What data would be used to support this metric and how would you ensure that the data are of sufficient q..
Explain the trade-off between responsiveness and stability in a forecasting system the uses time-series data.
If cycle inventory has an order quantity of 550 units, what is the average inventory, assuming that the demand rate is constant and uniform?
A large bakery buys flour in 25-pound bags. The bakery uses an average of 5 bags a day. The bakery operates 243 days a year
A company is deciding if it should design an advertising system for use on Twitter. The first option is to skip out on designing, with no net costs or gains.
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