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Dreyfus Company has a policy of counting on-hand inventory of one of its products every 45 days. When a replenishment order for the product is placed with the supplier, lead time is 8 days. Demand for the product averages 6 units per day with a standard deviation of 1.5 units. It has just been determined that the company currently has 42 units on hand. How many units should the company order if it strives to maintain a 99% service level on this item?
Discuss the precautions you might take as manager of a new project in building a project team to assure that the project does not get off on the wrong foot.
Compare and contrast the following definitions of quality. Definition 1: Quality is the totality of features and characteristics of a product or service that bears on its ability to satisfy given needs. Definition 2: Quality is meeting or exceedin..
Illustrate what are the three basic ways to organize project teams? Briefly identify also describe an advantage also disadvantage for each.
Some marketers feel that the image of the particular channel in which they sell their products does not matter-all that a matter is that the right customers shop there and the product is displayed in the right way. Others maintain that channel images..
What are Sequencing/Priority Rules? What are they used for? What, if any, is (are) the difference(s) between Sequencing Rules and Measures of Performance? How are they related? In Trend Projection forecasting, how are the constants, a and b interpret..
How did the change affect your job and responsibilities. Consider the results of the change and whether or not the intended outcomes have been achieved.
brooks 2013 mentions how important it is for some professionals to understand such things as financial and investment
Read the case study Coca-Cola's RFID-based Dispenser Serves a New Type of Business Intelligence (attached PDF) and to answer the four questions:
Surface rust on containers, while not attractive, usually does not affect the cargo carried, although it may be a sign that the container is not very carefully maintained
What are the lawful effects on an offer when a revocation of the offer occurs by the offer or How does a revocation of an offer differ from a rejection of an offer, and what effect, if any, results from either? Does a counteroffer affect any of the p..
In the following schematic, a 9.0V battery is used to power a blue LED (Light Emitting Diode). The LED needs 3.1V across its terminals in order to light up.
ADC is a Colorado-based logistics company that engages in consulting projects to share their expertise with organizations in need of logistic solutions. They have completed three sequential projects for customers.
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