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An electronics store uses a fixed order quantity inventory control system. Characteristics of one of its items is as follows: weekly demand is 2,000 units, ordering cost is $35 per order, holding cost per week is $0.04, replenishment lead-time is 3 weeks and the standard deviation of weekly demand is 400 units. Assuming the store operates 50 weeks per year, what is the EOQ for this item? Calculate the reorder point with safety stock if the store wishes to provide a 90 percent cycle-service level.
JIT has caused most major chains such as Wal-Mart, Target, Vons, Stater Brothers’ to use Distribution Centers as oppose to Warehouses.
Carolina files for Chapter 7 bankruptcy and automatic stay goes into effect. Even so, which of the creditors may continue to collect the debt owed by Carolina?
How do we design an inforgraphic for a three level hospitality industry. large hotel, restaurant and tour company
As a future health care leader, you may see leaders transition through many positions in an organization. In health care, it is important to have leaders who understand the leadership process and follow strategies for becoming effective coaches an..
Analyze whether or not the company should continue manufacturing in Canada or if it should move back to the United States. This requires research into transportation cost estimates from Colorado to Toronto. It also requires analyzing the impact on..
An old friend contacted me recently. He is about to retire from a manufacturing company where he has worked for over 30 years. He indicated that he is leaving with a "sour taste in his mouth". He told me that about four years ago, his position was re..
Answer the following question (one paper) . The Engineering School of a prestigious university have the following objective: "Increase the total male engineering majors at the institution to seventy percent (70%) by June 2020"
The cause of the accident was a defect that existed when X Company shipped it to Y Sporting Goods.
Describe how relevant the functionalist view, conflict view, and interactionist view were in making your choice to attend college?
What role should the government play in an economy? What are some basic principles that YOU would use to design an economy?
An undergraduate business student has purchased a laptop computer for use during the upcoming semester.
Explain how ultrasound can be used for weld inspection. Explain how eddy current inspection works.
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