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Annual demand for a product is 13000 units; weekly demand is 250 units with a standard deviation of 40 units. The cost of placing an order is $100. The replenishment lead time is 4 weeks. Annual carrying cost is $0.65/unit. a) To provide 98% service level what must the reorder point be? b) If a new safety stock policy is being considered that reduces safety stock by 100 units, what is the new service level?
Explain why the method is innovative and whether you believe the method will really help the environment or will only help the company promote its image as a good citizen.
during a project project managers use which of the following types of meetings?
Select an industry. Using the Porter's Five Forces of Competition, illustrate the forces to the industry you selected. Explain the rational you used for determining the necessary factors.
What things should be taken into consideration in the creation of a roadmap for a strategic plan? What are examples of external and internal change agents? What role do change agents play in the execution of a road map for a strategic plan?
Create a decision table that illustrates explain how Willow brook School determines which discounts, if any, are to be applied to fixed fees for a child.
You are in charge of a quarry that supplies sand and stone aggregates to your company's construction sites. Empty trucks from construction sites arrive at the quarry's huge piles of sand and stone aggregates and wait in line to enter the station
Describe ways that managers can process the information they collect.
What are you going to do? Make sure that you include your immediate response (what you have done during the first and second week), your immediate plans short term plans, your intermediate plans, and your long term goals.
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.
What is a franchise organization? Is Victorias Secret A franchise, if so what kind? if not should it be 3 types of franchises: manufacturer-sponsored retailer franchise system
What is the economic order quantity (EOQ) for Kona coffee beans and what are the total annual holding costs of cycle stock for Kona coffee beans?
If a corporation doubles the number of exposure units, what may be said to happen to the degree of objective risk? Explain your answer and state the basic principle illistrated.
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