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The Acheson Supply Company provides a full range of products for industrial construction. Acheson buys the product from its manufacturer and then resells the product to construction companies. Its products are readily replaceable, and so a stock out typically results in a lost sale. Through its history, Acheson has maintained a reputation for having things in stock. It was often the first sourcing choice of its customers because they could rely on Acheson to have what was needed. The store is open 6 days per week.
One particular type of fastener experienced fairly steady demand of 27 units per day with a standard deviation of daily demand of 5 units. The lead time for delivery is 6 days.
Suppose Acheson uses a reorder point of 170 units. What is the implied service level?
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Illustrate what is the break-even volume with a single-shift operation. Illustrate what is the maximum revenue with a single shift.
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You have just used the capability index (Cpk) formulas to compute the two values "min [2, 2.5]." Which of the following is the proper interpretation of these numbers?
Jane Reed bakes breads and cakes in her home for parties and other affairs on a contract basis. Jane has only one oven for baking. One particular Monday morning she finds that she has agreed to complete five jobs for that day.
Forecasting is important relative to capacity requirements planning. Discuss the merits of using judgment methods (i.e., qualitative data) in contrast to quantitative forecasting methods. Which methods do you consider to be superior or more ac..
Enhance your interviewing skills by conducting mock interviews. Network with employers through CTU Career Snapshots and CTU Employer Profile webinars.
Discuss advantages also disadvantages of utilizing intermediaries like wholesalers, agents also brokers to distribute your organizations products or services.
Propose process improvements, and justify your reasons, for the improvements, to the flowchart for answering calls.
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Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than those other systems? This is not necessarily . If the design capacity is relatively , the utilization could be even th..
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