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An item has a demand which averages 200 units monthly. The lead time demand is normally distributed with a mean of 100 units and a standard deviation of 50. Order cost are $45 and holding costs are 20% of average inventory value. If each item cost the company $12 and management desires to stockout only once during the year, formulate an inventory policy for this item. What is the added cost due to the uncertainty of demand (i.e. this is the cost of holding the safety stock)?
Compare on contrast Rawls and Nozick on the issue of individual rights and duties and the moral case for redistribution. You should briefly mention Nozick’s entitlement theory, and Rawls’ two principles. Then consider what obligations they place on y..
What is the impact to quality What is the impact to the schedule Prepare a two page executive summary of your finding, not to exceed 500 words, addressing the key points of your research.
Identify and describe additional financial risks inherent in international projects. Based on personal knowledge, or experience, or relevant case studies describe a project affected by risks associated with exchange rate variability or trade and capi..
Describe how you would organize your employees (what type of teams) and what approach would you use for customer focus
Within a given distribution channel, the following information is available concerning trade margins and costs. A wholesaler has a unit selling price of $27 and a unit cost of $18. The retailer requires a 32% markup on selling price. The manufacturer..
A large hospital's nursery uses disposable diapers for its newborn babies at a rate of 60 cases per day. Ordering costs have been estimated at $50 per order. The hospital's Accounting Department has assigned a holding costs fraction of 0.15 to the nu..
Why do all the business units in an organization that use technology need to be involved in developing management information systems? How does that relate to the goal that a “knowledge-management repository” can be used throughout the organization?
Explain how executive development or talent development can be used to help an organization achieve its business challenges and strategy.
Internal dynamic and resource considerations for strategy implementation, including key budget information
Policy and management commitment: What is the policy? Is it communicated and understood within the organization? Are responsibilities assigned - QEHS manual( or other document which describes the MS): How is the MS documented within the organization..
Under what circumstances is expected monetary value appropriate as a decision criterion? When isn't it appropriate?
to get started on your investigation into the international business community in conjunction with the various legal
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