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The annual demand for a product is 16,400 units. The weekly demand is 315 units with a standard deviation of 90 units. The cost to place an order is $31.00, and the time from ordering to receipt is four weeks. The annual inventory carrying cost is $0.20 per unit.
Find the reorder point necessary to provide a 95 percent service probability.
Suppose the production manager is asked to reduce the safety stock of this item by 55 percent. If she does so, what will the new service probability be?
Construct a product structure. Classify all levels, parents as well as comp1nts. Prepare a time-phased product structure.
What is the expected value of sample information? What is the efficiency of sample information? Because of the expense involved in developing the initial molds and acquiring the necessary equipment to produce fiberglass sailboats for young children
Based on information on both the Help screens for the Plant Operations Report and the Private-Label Sales Report, which of the following statements regarding how plant costs are allocated between branded and private-label footwear
Explain the concepts of lean production. Describe its relation to Six Sigma. Please provide examples of the pros and cons for linking them.
What the world can learn from the Switzerland model for e-waste management? Is there any other better model?
Assess the performance measures by which senior management will evaluate the effectiveness of the planning and consulting department regarding the department's role in the justification of the new hospital.
Describe methods used to assess the behaviors and attitudes of organizational members, and apply 1 model in an analysis of your organization.
A manager wants to estimate the remaining time that will be needed to complete a five-unit job. The initial unit of the job required 12 hours, and the work has a learning percentage of 77. Estimate the total time remaining to complete the job.
Write a module case study of an aviation accident in regard to risk assessment and aeronautical decision making concepts:Go to the NTSB Web site and select one aviation accident report that particularly interests you.
Capstone Project that should consist of the creation of a market entry, a market expansion plan or an M&A
Discuss how corporate culture is displayed and its role on quality management behavior? Provide multiple examples.
Chrysler chose merger as a strategy in 1998 when it merged with Daimler, a German automobile manufacturer. This merger was not successful. Why, in your view, did this merger fail
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