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Mr. Dave Jones manages the warehouse inventory for Athleticks, a distributor of sports watches. From his experience, Mr. Jones knows that the PR-5 jogging watch has an average daily demand of 100 units and a performance cycle of 8 days. Mr. Jones requires no buffer stock at this time.
Find the average inventory level of the PR-5 watch under this PERIODIC REVIEW. (I know the average inventory level but do not understand how to do it under the PERIODIC REVIEW) Please show work.
What are the different graphical methods to solve a linear programming problem? Briefly describe the steps needed in each method. What is an infeasible linear programming problem? How do we find if a given linear programming problem is infeasible? Gi..
Jack Simpson, contract negotiator for Nebula Airframe Company, is currently involved in bidding on a follow-up government contact. In gathering cost data from the first three units
A small grocery store sells fresh produce, which it obtains from a local farmer. During the strawberry season, demand for fresh strawberries can be reasonably approximated using a normal distribution with a mean of 44 quarts per day and a standard de..
If you could have the power to suspend the free will of others and have them do what you wanted, would you accept it? What might be the benefit to having this power? What might be the drawback or risk? Consider how you might use this power not only a..
You are interested in studying how a news organization deals with equivocal and sometimes contradictory information about events it needs to report to the public. How would you use Organizational Information Theory to study this phenomenon? Develop a..
What legal reforms and protections was offered to Snowden? What role did culture and motivation play in the movie snowden?
A quality control inspector at Cocoa Fizz is using the data from above to develop control limits.
Why would the drug maker want to stymie generic competition? Explain your response.
A quality characteristic has a design specification (in inches) of 0.200 ± 0.020. If the actual process value of the quality characteristic exceeds 0.200 by the tolerance of 0.020 on either side, the product will require a repair of $50. Develop the ..
There is no shortage of pricing approaches, and as customers, we are exposed to all of them at some time or another in our purchasing processes. Choose one of the pricing approaches discussed in the readings and discuss a product, the pricing approac..
How does diversity differ from EEO and affirmative action? Tell us about your knowledge/experiences with an organization’s voluntary efforts to nurture diversity. What does the organization say formally about those efforts?
Create a scenario for a situation that many salespeople would not consider an ethical decision but a moral decision.
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