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Safety Stock and Re-order Point:
Demand for a component during its lead time is normally distributed, with a mean of 500 units and standard deviation of 20. The firm wishes to limit stockouts to an average of 1 in every 20 order cycles (service level should be 19/20).
(1) Determine what safety stock and re-order point should be used?
(2) If the company wants to provide a service level of 98%, what amount of safety stock it should provide?
Described how the division addresses customer needs and achieves competitive advantage.
Jamey buys a car from Motorsports Corporation, but he obtains a loan for the purchase price through Neighbors Corner Company (NCC).
Russell Smith - design specialist. Russell is in the same role as the person leaving but for a different product line. Russell is new to the company; however, he has been involved in creating a similar product at a prior company but in a more juni..
How does the type of relationship one is in influence communication choices? Give examples of communication choices you make in at least two different types of relationships and explain how the type of relationship influences your communication choic..
Evaluate the moral quality of DuPont's strategies after 1978 in terms
Social media facilitate engaging with online communities to generate exposure, opportunities, and sales.
Which of the following scenarios illustrates market-penetration pricing??
Use one organization -- real or made-up -- to illustrate the similarities and differences among functional structure, product division structure, and multi-division structure. Be sure to clearly describe each of the three types of structure.
discuss the traits that you consider makes him or her a great leader.
Beck Manufacturing Al Beck, president of Beck manufacturing, wants to determine the capacity of his facil- ity, which produces steering gears for auto manufacturers.
As a police officer, you are sworn to enforce the law and uphold the constitution.
An auto manufacturer produces 4 types of cars: subcompact, compact, intermediate, and luxury. It also produces trucks and vans. Vendor capacities limit the total annual production capacity to a most 1, 200,000 vehicles of all six vehicle types. How m..
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