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1. The daily demand for 52" plasma TV's at Sarah's Discount Store is normally distributed, with an average of 5 and a standard deviation of 2 units. The lead time for a shipment of TV's is 10 days and is fairly constant. Determine the reorder point (ROP) and safety stock (SS) for a 95% service level.
2. A hospital orders rolls of gauze bandages using a fixed interval system. The bandages have a mean usage of 9 rolls and a standard deviation of 4 rolls. The lead time is 2 days and the desired risk of stockout is 1%. Assume a 12 review period. Determine the target inventory level (TIL) and safety stock (SS).
3. Oxygen is delivered to General Hospital every Thursday. The quantity delivered is based on an order called in by the hospital on Monday, 3 days before. The average daily usage of oxygen is 6 tanks with a standard deviation of 1.2 tanks. Determine the target inventory level (TIL) if the hospital wishes to take no more than a 2% chance of running out of oxygen between orders.
The scientific management perspective refers to the management thinking and practice that emphasizes satisfaction of employees' basic needs as the key to increased worker productivity.( )
The transplant operation however, is a serious surgical procedure. 5% of patients die during the operation, with an additional 45% dying during the first year. 20% survive for 5 years, 13% survive for 10 years, and 8%, 5%, and 4% survive, respecti..
Prepare a product positioning map,
The estimated net present value of such a project is estimated at $87,000 at a discount rate of 11 percent and -$12,500 at a 13 percent discount rate. Which organization or organizations, if either, should accept this project?
diagnosing employee turnover and ideal management practices.1. consider your organization experiences a dramatic
Presume that you are presenting the results of your research to the CEO and board of directors at your place of employment
Can you come up with some illustrations of business risk measurement where bell curve type analysis is inappropriate?
If Fitter installs an ERP system, how could they reorganize their sales division to be more efficient? Be specific about how you would rearrange divisions, or consolidate them.
Company A sells widgets for $20 each. The fixed costs are $60,000, & variable costs are $7 per widget. What is the company's gan or loss at sales of 6,000 widgets? At 15,000 widgets? How would the break-even point be affected if the selling price was..
Compare the difference between job satisfaction and organizational commitment. Determine which is more strongly related to performance for your selected company.
What are the benefits packages provided by Google and Wal-Mart companies? Please relate these benefits to the employees job satisfaction, how these benefits are affecting the job satisfaction in both companies, is it for better or not?
Using this person as an example, explain why effective communication is so important for effective leadership. Support this portion of the paper by citing material from the text, assigned readings and outside sources
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