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How much gravy should be ordered using a fixed order interval system? Order is being placed on Thursday and the fiscal week begins on Thursday and ends on Wednesday. Service level of 95%, standard deviation of 3.5 units per week, moving average weekly demand of 35 servings. Each gravy mix comes in packs of two servings. Currently three packs in inventory.
What should management do to achieve the highest expected payoff? Explain the conditions under which decision trees can be useful.
What purpose do they serve under a performance management system? Performance appraisals are they necessary or not?
Give at least one example of how HR management concepts and techniques can be of use to all managers.
It costs hospital $5,000 per hour for surgery. Learning rate is 80% also first surgery took 30 hours. Elucidate how long tenth surgery may last.
A coffee shop's average transaction price is $3, the contribution margin is 60 percent, the typical customer makes a purchase once a week or 52 weeks per year
If Betty fails to honour this agreement; will a court find that cocktail napkin is sufficient to bind her to agreement under statute of frauds.
How would you apply the strategy in in your decision to select or not select the candidate? Include the selected strategy in your response.
Discuss how supply and demand would be affected under each of the four degrees of competition (pure competition, monopolistic competition, oligopoly
List the types of potential segmenting dimensions and explain which you would try to apply first, second and third in a particular situation.
The Multifacted Garden Store uses two forecasting techniques to predict annual national sales of their lawnmowers at their various franchises.
If the balance sheet amounts show $2 million of inventory also $500,000 of property, plant & equipment, illustrate what is the inventory turnover.
Illustrate what level of safety stock is appropriate if lead time demand is normally distributed with a mean of 80 cases and a standard deviation of 5 cases.
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