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The manager of a Cummings engine manufacturing facility has collected some historical data on the monthly demand of hemi-diesel engines (See table 1) Table 1 Period Monthly Demand January 250 February 478 March 900 April 405 May 500 June 859 July 560 August 350 September 700 October 900 November 200 December 100 The unit cost of an engine is $3,500 and there is a 20% interest rate associated with the holding cost. It takes 6 weeks for a replenishment order to be placed. Every time the facility has to setup to make these engines the manager estimates a setup cost of around $450,000. The annual cost of backorders is $12,000,000 and the manager is worried about this figure. Demand seems to be normally distributed and the manager would like to determine the following: What is the annual demand of engines? What is the economic order quantity? What is the average demand of engines over the six week period for replenishment?
Which of the two statements above do you believe is the most important for patients?
Sweetbriar College is redesigning their course registration system [CRS]. They plan for this system to be web-based, but first you need to model the main system behind the web interface. Here is a description of the interactions with the proposed CRS..
Environmental issues are rising to the forefront and suggested remedies for the protection our environment have price tags in the billions and trillions. How should governments deal with these issues.
After increasing the number of work hours to 800 per month?, the multifactor productivity? =______ ?loaves/dollar
Identify and describe the two companies you have researched; their core business activities and the countries and/or industries in which they operate.
You are director of nursing in a hospital that recently completed an expansion program and opened a new 36 bed medical/surgical unit.
Countries use tariffs and subsidies to manage the level of competition between companies in various industries.
What is your definition of a successful, sustainable organization? Why is it important that modern leaders understand that having sustainable corporate strategy
After reading about shrink wrap and click wrap agreements, do you think they should be enforced or not?
Which is more important: the formulation of a strategy or the implementation of a strategy? What are the challenges associated with your choice?
with projects running on the horizontal dimension is called a Functional organization.
Consider all the security countermeasures and controls implemented on your personal computer (antivirus software, password protection, firewall, etc.) Provide three performance measures that may indicate their effectiveness. How would you go about co..
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