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Due a complicated process required to set up a machine, Wizard Corporation has decided to produce a product only once a month. Demand occurs at a continuous and constant rate of 1000 units a month. Wizard Corporation also keeps 50 units available just in case production is delayed. Plot the level of cycle inventory and safety stock over the month. What is their average inventory level? Why?
A tourist center is open in Spring, Summer, Fall, Winter. The owner-manager hopes to improve scheduling of full-time employees by determining seasonal relatives for each of these seasons. Data on recent traffic at the center have been tabulated and a..
Dayton Electronics demands a part at a daily rate of 40 units. The lead time for replenishment is four days for this item. The standard deviation of demand during the lead time is 8. Dayton Electronics prides itself on having a high level of customer..
What has Seven-Eleven done in its choice of facility location, inventory management, transportation, and information infrastructure to develop capabilities that support its supply chain strategy in Japan?
Intense competition such as price wars are an accepted practice in the United States, but cooperation between companies has legal ramifications because of antitrust laws. Should price wars that drive small businesses or new entrants out of business b..
Aggregate demand for a product family is given in the table below for the 4 quarters of 2007. Production costs on regular time are $70 per unit.
New York Linen argued in part that General Credit was not a holder in due course because of the notation on the second check. In whose favor should the court rule?
A manufacturer of fancy handkerchiefs invests $1 million in a new facility, and claims that he can obtain 8% return on this investment within one year by selling 90,000 handkerchiefs per month at a $4 price per handkerchief. Under this scenario: What..
Hart Venture Capital (HVC) specializes in providing venture capital for software development and Internet applications. Currently HVC has two investment opportunities. What is the recommended percentage of each project that HVC should fund and the ne..
Discuss some of the advantages AND disadvantages of using electronic health records vs. traditional paper charts in a medical office. Think about this from a health professional's perspective (in terms of cost, ease of use, accessibility of patient i..
Write a four- to five-page paper (excluding title and reference pages) assessing the components of conflict. The following need to be addressed within your paper: Describe a conflict within an organization or team with which you are familiar.
Your instructor will assign a linear programming project for this assignment according to the following specifications. You will be turning in two (2) deliverables, a short write-up of the project and the spreadsheet showing your work.
What is the estimated percentage of idle time? Based on the initial results, approximately how many observations would you require to estimate the actual percentage of idle time to within 5 percent with a confidence of 95 percent?
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