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Suppose a hospital uses a periodic review model to control inventory. During the past year, the mean daily demand for bandage BX-5 was 200 and the demand was normally distributed. The standard deviation of the daily demand was 10. The inventory level was reviewed once every 6 days. It takes 3 days to receive the deliveries of the bandage after an order is placed. Suppose the required “z” value is 1.88 to ensure a satisfactory service level of 97%. Then how many bandages should the hospital order each time? Find the closest value.
What role will Redbox play in the development of Netflix’s strategic plans? How threatening is Redbox to Netflix’s future? How will new competition from digital content providers force Netflix to alter its strategy? What new opportunities do you see ..
1.) If you are using a system where the product is heated in tubes that pass through a high temperature zone, what kind of flow would you want to limit burn-on? How would you ensure this kind of flow?
Explain how an integrated supply chain strategy will contribute to the organization's efficiency and effectiveness. Compare ways in which supply chain logistics strategies contribute to economic value in the United States and how it relates to your..
The plant has an allowance factor of 13%. If he produces 100 units in an 8 hour shift, how much would he receive under the incentive plan?
(a) Draw the project network and list the earliest start (ES), earliest finish (EF), latest start (LS) and latest finish (LF) for each task (b) List the tasks on the critical path (c) What is the expected project duration in weeks?
Describe the process of implementing a good spreadsheet model. Be sure to describe some possible conceptual steps, fromulas, tables, and auditing features you might use. Feel free to give any examples that may help. Cox Electric makes electronic comp..
Increasingly IT services are being sourced from outside the organisation using them. Explain the advantages and disadvantages of outsourcing an organisations IT. Discuss the advantages and risks of using cloud storage for corporate data.
Genichi Taguchi believes that through fiddling with production process, the item will fall within control chart limits and that's good enough to satisfy the QLF
Write a report on the project plan to senior management of JAP, offering sufficient information for senior management to review and understand the implications of embarking on such a project.
After receiving some complaints from the readers, a university newspaper decides to redesign its front page. Two new formats, B and C, were developed and tested against the current format, A.
Sharp discount Wholesale club has two service desks, one at each entrance of the store. Customers arrive at each customer service desk at an average of one every six minutes. The service rate at each service desk is about 5 minutes per customer. How ..
Several merchants signed a binding arbitration agreement with American Express Co. The arbitration agreement included a clause prohibiting class action arbitration. Later, after a serious dispute arose involving a federal statute, the merchants wante..
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