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Tammi's Truck Stop sells Seat-o-Nails cushions, which are specially designed to keep drivers awake on the road. Her accessories supplier makes deliveries every Tuesday, at which times she can get as many cushions as she wants (the supplier's truck carries a large number of cushions). The cushions cost $40 wholesale, and Tammi sells them for $65. She also uses 35 percent interest rate to evaluate the cost of holding inventory. Today it is Tuesday, Tammi has 12 cushions in stock, and the supplier has just arrived. Assuming that the weekly demand is normally distributed with mean 35 and st. deviation 10, answer the following questions: a. How many cushions should Tammi buy if sales are lost when see runs out of stock during the week? b. What is the fill rate that results from your response in part (a)? c. Reconsider part (a) if unmet demand is not lost but it is backordered, and it costs Tammi $12 to mail the cushion to the customer.
Show calculations and provide rationale for each strategy.
Suppose you were conducting a marketing analysis for a new textbook about technology management. What would you need to know to identify a market segment? How would you make a needs assessment?
Angela Fox and Zooey Caulfield were food and nutrition majors at State University, as well as close friends and roommates. Upon graduation Angela and Zooey decided to open a French restaurant in Draperton, the small town where the university was loca..
Harbor Dunes Golf Course was recently honored as one of the top public golf courses in South Carolina. The course is situated on land that was once a rice plantation, offers some of the best views of saltwater marshes available in the Carolinas.
What is nominal group technique? When should it be used? Describe what occurs in each of its five phases. What is the purpose for each step?
The assignment is a one-page paper detailing your observations of marketing aspects at a retail store
In addition to 90 units of S, there is also demand for 30 units of U, which is a component of S. The 30 units of U are needed for maintenance purposes. These units are needed in week 6. Modify the gross material requirement plan to reflect this ch..
Consider this statement: "To make effective decisions, managers must use basic cost and revenue relationships."
As part of a study for the Department of Labor Statistics, you are assigned the task of evaluating the improvement in productivity of small businesses.
Assess the strategy underlying the changing model of self-assessment used by Unilever HPCE over the six-year period of the case study and evaluate its success in terms of bringing about real improvements.?
In your responses, compare practices at your organization with the practices described by other students. Identify the best practices from other organizations that you would most like to implement in your own.
Due to variations in processing times, management has decided to keep 15 percent of the needed inventory as safety stock. How many kanban card sets are needed?
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