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Assignment:
The monthly Toronto Maple Leafs Fan Magazines are printed 1 week prior to each monthly issue during the season. Attendance averages 90,000
screaming and loyal Leafs fans during the life of each issue.? Two-thirds of these fans usually buy the? magazine, following a normal? distribution, for $4 each. Unsold magazines are sent to a recycling centre that pays only 20 cents per magazine. The standard deviation is 10,000 ?magazines, and the cost to print each magazine is $2. Refer to the standard normal table
a) What is the cost of underestimating demand for each? magazine? ?(round your response to two decimal? places).
Cs = $
?b) What is the overage cost per? magazine? ?(round your response to two decimal? places)
Co=
c) How many magazines should be ordered per? game?
__________ programs should be ordered per game ?(round your response to the nearest whole? number).
d) What is the stockout risk for this order? size? (round your response to four decimal? places).
Stockout risk=
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
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An analysis of the holding costs, including the appropriate annual holding cost rate.
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A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
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Ccompare the effectiveness of different leadership styles in different organizations
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