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Myer Stores carries a specialty line of flavored syrups. One of the most popular of these is raspberry syrup which sells, on average, 30 botles per week. Meyer's cost is $8 per bottle. Meyer has determined its order cost to be $50 and inventory carrying cost is 20 percent. Meyer is open for business 52 weeks per year. What is the EOQ for raspberry syrup? If Meyer orders the EOQ quantity each time, what will be the inventory turnover rate for raspberry syrup?
Describe Mary's optimal decision strategy also its possible consequences utilizing the decision tree below. Do not forget to discuss the risks associated with the optimal decision strategy.
In a call center, the waiting time for a customer is normally distributed with an average of 65 seconds and a variance of 25 seconds. Assuming that the probability of a customer waiting more than
Using that as a challenge, illustrate what can we as 'operations people' do to return jobs to the US, slow or even stop the outflow, make the US competitive again and sustain our organizations.
The length of each rod in the samples was decided. The results were tabulated and sample means and ranges were computed. The results were. Decide the upper and lower control limits and the overall means for ? charts and R - Charts.
Which of the following factors would you recommend that the manager investigate: quality problems, absentee is more scheduling also balancing. Elucidate your reasoning. It is not sure how to elucidate in Operation MGT terms.
Elucidate how has Dell used its sales also build-to-order model to develop an exceptional supply chain.
Choose one of the network flow models. Describe a situation in which the model you choose could be used.
Discuss also elaborate factors to be considered for establishment of a prudent Performance Management System for an organization going for global market place.
Assume chase policy is being used, that is, the number of workers is changed every month to match demand with capacity. Explain how many workers will you fire in March.
Explain how would you structure agreements to address your concerns and capture any pros you have identified. Illustrate what governance mechanisms would you design for agreements.
Face-to-face meetings sometimes force work to be completed as an ancillary benefit of the social interaction
Jim Costanzo is a new manager with Dell Computers. He believes which each employee in his division must receive instructions about a particular operation from only one person in order to avoid conflicting instructions also any confusion.
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