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The injection molding department of a company uses 40 pounds of a powder a day with a standard deviation of 3 pounds. The lead time averages 5 days with a standard deviation of 2 days.
a). Determine the reorder point if management wants a 99% customer service level.
b). Based on your calculation in (a) above, how much safety stock would be carried?
Natalya Dunovich manages Organic Greenhouses. They supply organically grown vegetables year-round to the local markets. Their greenhouses enclose 12 acres of growing space that they use to raise peppers and tomatoes. Formulate a linear program to hel..
A company is preparing a bid on a government contract for 20 units of a certain product.
Complete the following the essays using your own words and opinions as well as examples beyond the textbook. As a guide each essay should be about a page in length. 'Simulation is important in the business world, please provide and briefly discuss a ..
Select two (2) major criteria that you would use to appraise the performance of an expatriate. Determine whether an expatriate’s performance requirements should or should not match those of others within an organization and if management should rate ..
Illustrates what kind of engineering saving is regal achieving by using CAD technology rather than traditional drafting techniques.
At the break even point of 400 units, variable cost were $400 and fixed costs were $200. how much will the 401st unit sold contribute to operating profit before income taxes? Break even would not change if : a) sales price increases, b) fixed cost de..
Solve the RMC problem using the simplex method. At each iteration, locate the basic feasible solution found by the simplex method on the graph of the feasible region.
Is it possible for businesses such as these to fully prevent such threats to your personal security or are they fighting a losing battle?
Discuss the importance of employees and information technology in the delivery of service quality. Use two examples of service firms to help support your discussion.
Which of the following is NOT an action that can help boost a company's credit rating? In answering this question, you may wish to consult the Help section for page 5 of the Camera & Drone Journal and read the discussion pertaining to The Credit Rati..
All of the following are ways that specific market issues related to price discrimination can be effectively managed except:
Discusses the differences between data warehouses and data marts. Also, discuss how organizations can use data warehouses and data marts to acquire data.
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