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The purchasing agent has ascertained that the employees use about 50 pencils per day, with very little variation. Pencils are ordered from a supplier whose shipments are irregular. They are normally distributed with a mean of 10 working days and a variance of 4. He has established a 95 percent service level for pencils. a. Which inventory model is appropriate here and why? b. What are the mean and standard deviation of usage during lead time? c. What is the reorder point? d. What is the safety stock?
As a supervisor of a production department, you must decide the daily production totals of a certain product that has two models, the Deluxe and the special. The profit on the Deluxe model is $12 per unit, and the special's profit is $10. The company..
Why is it important for a manager to be able to conduct a job analysis?
Analyze effects of the democratic approach to store operation and hiring new associates on store performance.
Which decision is an example of a consumer facing switching costs?
According to team leadership theory, the leader is primarily a. An analyst for diagnosing group deficiencies. b. A medium for processing information. c. A forecaster for anticipating environmental changes. d. A judge for establishing acceptable proce..
A quality characteristic has a manufacturing specification (in cm) of 0.200 ± 0.05. Historical data indicate that if the quality characteristic takes on values larger than 0.25 cm or smaller than 0.15 cm.
Suppose the technology evolves in such a way that a high percentage of employees do not work in the company office. What then is the role management?
Which of the following describes a 2 X 2 prioritization matrix?
In what ways are the HR function and governmental legislation designed to protect against employee discrimination?
What are your investment objectives? How do you construct your investment strategies to achieve your objectives?
Government justice department has special power to regulate and scrutinize merger. Anti Trust law has given power to government to regulate mergers between firm
Your analysis should include an overview of Google organizational environment, the external forces putting pressure on the existing business model,
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