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Question
On average, a firm has an 8-week lead time for work-in-process, and annual cost of goods sold is $12 million. Assuming that the company works 50 weeks a year:
1. What is the dollar value of the work-in-process?
2. If the lead time would be reduced to 6 weeks, what would be the reduction in WIP?
Design a single sampling plan Cumulative probabilities of Poisson distribution while designing this plan
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Identify improvement needs and opportunities in supply chains and operational and service systems and review current systems and processes within the company
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List all the elements that make up the human body. Answers must be in alphabetical order.
Company and relevant case studies on related companies the case, prepare a 2000 - 2500 word report analysing the issues in the case, and identify logistics management strategies to resolve the issues
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The first operation involves sanding, the second involves painting. Processing times I hours are as shown. Schedule the jobs. What are the estimated and actual
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