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Weekly demand for private label washing machines at Karstadt, a German department store chain, is normally distributed with a mean of 500 and a standard deviation of 300. Karstadt currently has a supply source in China that delivers machines at a cost of 200 euro. The lead time required by the supplier is normally distributed with a mean of nine weeks and a standard deviation of six weeks. A European supplier has offered to deliver washing machines with a guaranteed lead time of one week at a cost of 210 euro. Karstadt has a holding cost of 25 percent and targets a cycle service level of 99 percent. Should Karstadt accept the local supplier’s offer?
Logistics management - Evaluation of the logistics operations carried out within manufacturing organizations impact of information technology on logistic industry.
Three players (Cornelius, Oscar, and Reid) enter a game. Cornelius uses the conservative approach to decision making, Oscar uses the optimistic approach, and Reid uses the minimax regret approach. What strategy will each of the players use
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What are the equilibrium quantity and price in this market?
Describe the changes in the Fifth and Sixth Amendments and the custodial protections that are provided under these. Discuss the past, present, and possible future applications of the following for suspects in police custody:
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Why does corporate America have human resource planning?
Describe the source of competitive advantage for your product. Evaluate how sustainable is this source of advantage. Assess the long-term sustainability of the source of differentiation and competitive advantage.
Adidas has recently spent an enormous amount of money on celebrity endorsements. They are trying to overtake Nike as the largest shoe company in the world. Research Adidas. How has the general environment affected their decision-making? Please be sur..
Gary Puckette, human relations director at ABC Company, and Steve Gap, ABC’s operations director, have been asked by General Manager Dick Clark to confirm a manpower budget for a new product’s upcoming production run next month. When Gary and Steve s..
How much is the company is worth? How much you would pay for it if you were Scott and Peterson?
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