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Daily demand for a product is 140 units, with a standard deviation of 15 units. The review period is 15 days and the lead time is 6 days. At the time of review there are 20 units in stock.
If 99 percent service probability is desired, how many units should be ordered? (Use Excel's NORMSINV() function to find the correct critical value for the given ?-level. Do not round intermediate calculations. Round "z" value to 2 decimal places and final answer to the nearest whole number.)
Big John's Manufacturing currently produces its lead product on a machine that has a variable cost of $0.32 per unit, and fixed costs of $75,000. Big John is considering purchasing a new machine that would drop the variable cost to $.28 per unit, but..
The benefits of a robust Supply Chain Management (SCM) program seem obvious, but what are the limitations or down-sides?
In order to improve the profit of bicycle company, The CEO plans to use Industrial Engineering Recording Techniques or Systems Flowchart for Work Improvement.
According to one line of argument, globalization constrains states: free trade limits the ability of states to set policy and protect domestic companies.
You will be required to visit a local organization in your area (Target, Starbucks, Wal-Mart, etc....) and you should not be a past or present employee of the organization. The purpose of your visit is strictly to observe an organization as it goes a..
With the increase in power of global companies like Walmart has union influence declined/increased in a global economy? Why or why not?
Farmers in poor countries get very little money for crops—such as coffee, cocoa, and bananas—that they grow for export. Some consumers in prosperous nations are willing to pay retailers higher prices for “fair trade” goods so that the farmers receive..
Pay secrecy policies may perpetuate the gender-wage gap, What do you think of pay secrecy vs. pay openness policies?
Find three examples of mission and vision statements for Fortune 500 companies.
Answer only if you are familiar with the book "The Definite Guide to Social CRM" by Goldenberg You have just started a new job,
Which of the following are component of the compensation package for the members of production assembly teams?
You are a certified public accountant running a successful business where you provide various accounting services to a number of high-net individuals. You keep their financial records, provide tax advice, and fill out their tax forms. One of your cli..
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