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Q Consider Avionic Manufacturing Business that wishes to meet a demand of 10 units per month by purchasing items from a vendor with a lead time of 3-quarters of a month. Item cost is $2.50 per unit, replenishment cost is $3.50 per order and holding cost is $0.50 per unit per month. Business approximates shortage cost to be $0.20 per unit per month. By letting period be 1 month, 1 has D = 100, Cu = 2.5, Ch= 0.50, Cr = 3.50, Cs= 0.20 and L = 0.75. Illustrate what is optimal inventory policy and total cost of system under optimal policy?
Prepare a checklist which includes the main topics, issues, advantages also disadvantages which should be considered when making this decision within the context of Willow brook School.
describe the demographic makeup in these years; then identify industries that will be impacted by these data.
His office does not have a pamphlet to give to patients. Illustrate what kind of information should go onto the pamphlet when he assigns it to one of the MA's in the office.
Describe how would you respond to the criticism which EOQ models tend to give misleading results because value of D, S also H are, at best, educated guesses.
Explain how many hours do you expect the assembly of the 100th unit to take. Is the contract‘s assumption about the average labour hours per unit valid or should the price be revised.
Consider an organization where you work or have worked. Discuss the risk balance or policy which senior management plays for a risky project. If you have not worked in such an environment, discuss a present project which has appeared in the news ..
Presently, they purchase separate truckloads from every supplier. Elucidate what is the corresponding minimal annual cost. Elucidate what is the cycle inventory of every component.
Managers at Acme Explosives supervise workers closely also use rewards also punishment to control their behaviour. Acme is a (n) Elucidate what kind of organization.
Illustrates what are some of the social, political and economic forces affecting super juice and calling for a new approach to management.
Compute the single exponential smoothing forecast for this information using an ad of .30 and an initial forecast. Compute the mean absolute deviation (MAD) for each forecast.
A single pigeon has a 0.7 probability of arriving at the proper destination in a timely fashion. How many pigeons, each carrying an identical set of orders, must Grant send in order for him to have 98% confidence (reliability) that the orders reach G..
Explain the procedure to create a forecast using the decomposition method of least square regression.
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