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Question: Suppose you are a corporate buyer. One of your suppliers delivers a particular part in 12 days on average, with a standard deviation of 3. The daily usage averages 20 units per day with a standard deviation of 4. What is the standard deviation of demand during lead time? If you use a continuous review policy, how much safety stock would you want on hand to ensure at least 90 percent availability of the part while waiting for replenishment?
Summarize the differences between the countries for each dimension of national culture. Using the described characteristics of the company, determine which cultural dimensions are most important to consider when matching a national culture to the ..
Identify a real-life example or application of either the binomial or Poisson distribution. Specify how the conditions for that distribution are met.
A job order cost system is a system that accumulates costs for each job. Consider the aspects of job order costing and respond to the following: Discuss the types of industries that are most likely to use a job order cost system. Give examples. What ..
What are the strengths and weaknesses of the different kinds of protection strategies for new innovative technology developed by the company?
Why has casino gaming in the United States enjoyed such tremendous growth in recent years?
Recently some Operations Management experts have begun insisting that simple minimizing process velocity, which actually means minimizing the time that it takes to process something through the system.
The River Rock Company sells 200 lb decorative rocks for landscaping use. The current bagging process yields samples with X and R values of 200 lbs and 12 lbs respectively. Each sample consists of 12 observations. Develop the appropriate control c..
Case The Alternative Work Schedule Background March 13 marked an important day in the history of Building Products, Inc. The planning committee was meeting to determine the work schedule for all of the production workers at its new plant. What do you..
WHAT IS THE RELATIONSHIP BETWEEN GOAL SETTING, STRATEGY DEVELOPMENT, AND PLANNING IN A NEGO
Developing local markets requires the building the teams who can execute within country and across borders and oceans. When building up a new market, how can the firm leverage its strengths in the home market and enable its capabilities in the new ma..
Examine your training approach and how you plan to recognize and reward the team's efforts.Examine at least five risks applicable to your project.
Can someone please explain to me in details. 1. What factors are most likely to affect the demand for the lines of Washburn guitars (a) bought by a first-time guitar buyer and (b) bought by a sophisticated musician who wants a signature model.
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