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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? please provide the solution in mathematical way
How do different probability distributions impact business inventory strategy? Would your decision change based on the change to the distribution model?
What is the role of the vision and mission statement in driving the activities of the firm? If there is no vision and/or mission statement, discuss possible reasons why it is not clear.
War for Independence: What was the final action, either by the crown or the colonies, that made the eventual War for Independence inevitable? Why do you suggest that this was the final action that brought about the War for Independence?
Where would your university or college department be located on Perrow's technology framework? Would a department devoted exclusively to teaching be put in a different quadrant from a department devoted exclusively to research?
By the tenth repetition trainees must be able to complete the assembly task in 1 hour or less. Susan sweaney has just spent 7 hours on the fourth unit and 5 hours completing her eighth unit, while another trainee, Julie Burgmeier, took 4 hours on the..
Share your thoughts in 250 words on the the following statement. In your opinion, what are the three most important components that should be included when writing a mission statement? Why?
Describe the communication process discussed in Adler with Gundersen (2008). Identify, discuss and analyze at least 3 problems associated with cross-cultural communication. What are the ways in which an organization can train people to communicate mo..
Do you think that the Leaders (CEOs, Senior Managers) should invest more on developing the Human resource management or the Human capital to successfully run a productive and profitable business?
This case pertains to the Phar Mor video called “How to Steal $500 Million” that you will view in class. Research the professional standards for the auditors’ consideration of fraud in financial statement audits. Use your notes taken during the film ..
Contrast the location of a food distributor and a supermarket. (The distributor sends truckloads of food, meat, produce, etc. to the supermarket.) Show the relevant considerations (factors) they share; show those where they differ.
Describe the different kinds of power. Are some types of power more likely to result in ethical behavior than others?
Today we are seeing more and more healthcare facilities becoming either affiliated with or being bought be large healthcare corporations. Is this practical or should healthcare facilities remain free standing. Do not forget to think about rural areas..
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