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A drugstore uses fixed-order cycles for many of the items it stocks. The manager wants a service level of .98. The order interval is 12 days, and lead time is 2 days. Average demand for one item is 69 units per day, and the standard deviation of demand is 12 units per day. Given the on-hand inventory at the reorder time for each order cycle shown in the following table. Use Table. Cycle On Hand 1 47 2 8 3 108 Determine the order quantities for cycles 1, 2, and 3: (Round your answers to the nearest whole number) Cycle Units 1 2 3
Explain the implications of mislabeling for both the employee and the organization
Assuming you got a job as a Forecasting Manager with a brand new firm that has no historical data. In a high level meeting it was decided that you will develop a Weekly Exponential Smoothing Forecasting model that would go back at least
Why do technologies often improve faster than customer requirements? What are the advantages and disadvantages to a firm of developing a technology beyond the current state of market needs?
Discuss the risks and benefits of inventory size and location. Explain what companies can to minimize their risks associated with inventory.
Luthans and Doh (2012) discuss two major forms of communication flow. Briefly describe why it is important to know if an organization uses upward communication or downward communication.
Do an Internet search, supported with references and in-text citations, for a real company example that saw dramatic improvements as a result of adopting a formal TQM program (pick any one). In your paper, cover the following specific items:
Beverly has estimated that, during the 3 years of the lease, there is a 40% chance she will drive an average of 12,000 miles per year, a 30% chance she will drive an average of 15,000 miles per year, and a 30% chance that she will drive 18,000 mil..
Compare and contrast Path-Goal Theory and Normative Decision Theory with a focus on which you believe leads to the most effective organizational leadership. Provide specific examples to support your response.
How would you go about analyzing an organizational structure in terms of creating a work breakdown structure? What are the major organizational characteristics that you would evaluate?
Prepare a 350- to 700-word paper in which you explain the role of stakeholders in implementing a quality management process.
A five-provider practice administered a Patient Experience survey. There were 412 surveys completed over a 3-week period. When the results came back to the practice, they reflected dissatisfaction with the practice’s phone message system and response..
Consider a project to develop a new software inventory system. What are some of the resource constraints that would make the project challenging?
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