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The Jewel Golf Club Company, which recently began using a Kanban system, has had problems with high inventory levels of one of the handle grips used to make several versions of its clubs. Daily demand for the grip is 3000 units, average waiting time during production is 0.20 day, processing time is 0.10 day per container, and a container holds 150 grips.How many Kanban containers would Jewel require if a 15% policy variable is used?
a. three or fewer
b. four or five
c. six or seven
d. eight or more
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Janet Lopez is establishing an investment portfolio that will include stock and bond funds. She has $800,000 to invest, and she does not want the portfolio to include more than 60% stocks. The average annual return for the stock fund she plans to inv..
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