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Unimed is a manufacturer of specialty medical equipment. For one particular varety of equipment offered:Average daily demand is 25 units, with a standard deviation of 6 units. Replenishment lead time is 15 days, with a standard deviation of 4 days. If the typical order quantity for Unimeds equipment is 80 units, find the average inventory with safety stock at 3 standard deviations under demand and replenishment cycle uncertainty:A. 389 UnitsB. 284 UnitsC. 349 UnitsD. 244
Explain the elements of valid contract, and describe how consumers and banks each have a duty of good faith and fair dealing in the banking relationship.
As the marketing manager for the manufacturer of a new line of computer jump drives, Elucidate what strategy would you use to get your channel members to promote your product.
To provide 98% service level what must the reorder point be? b) If a new safety stock policy is being considered that reduces safety stock by 100 units, what is the new service level?
Identify one example of a resource with a very low average utilization rate, and a second example with a very high average utilization rate.
The presenting problem or specific request for help. 2. Any other problems or concerns that might need to be addressed if an ongoing relationship were to occur
Define the decision variables and write the linear program appropriate for maximizing monthly profit contribution. What is the optimal solution?
Within the food service industry, find examples of firms that have sustained competitive advantage by competing on the basis of Cost leadership, Response, and differentiation.
Elucidate why cooperative approaches may stand up to legal review more easily in unionized plants than in non-unionized environments
Ordering and holding costs are low, and you just lump them all into your overhead costs. What is a good reorder point?
You are hired by a prefabricated buildings manufacturer and your first job is to calculate the cost of 100 prefabricated structures. Each structure has 1,000 square feet of floor space and 8 foot ceilings.
Determine monthly volume necessary at each location to realize a monthly profit of $10,000. owner of Genuine Subs, Inc. hopes to expand present operation by adding one new outlet.
A company is deciding if it should do design of a product in-house or outsource the design. If outsourced the cost for a low bidder would be $40,000 and the cost for an expensive bidder $100,000.
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