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Bill’s Bird Feed sees weekly, average demand of 18 units for its special bird feeder that is normally distributed with a standard deviation of weekly demand of 5 units. Orders are placed thirteen times in regular intervals over the course of the year. As a special order item, the lead time is particularly long at 5 weeks. Assume the z value for the desired Service Level = 1.8. If 39 units are already in transit from the supplier, what is the Order Quantity Q?
Charlie Jones, a fireman for Boulder County, Colorado, saw an ad for the vacation of his dreams in the local, "Boulder County Gazette." The ad read, "Seven days at the wonderful luxury Windell resort
Pietra Korda and Anna Kim were partners in a design business, K2 solutions. They operated the business in a building owned by the partnership. The partnership purchased the building with the proceeds of a loan from Commerce Bank of Brunswick, which h..
Compare and contrast the traditional and matrix organization. What are its advantages and disadvantages of the matrix organization?
In your group, create a public relations campaign for a financial institution that has recently received negative exposure in the media pertaining to its lack of responsiveness to those wishing to modify existing home loans. The goal of your campaign..
There are many factors that help the growth of the economy, but two of these factors are more important for economic global growth. What do you think are the two main factors that contribute to global economic growth? What are the dangers slowing dow..
Tom Jackson's wife recently had a baby girl. When at the hospital, Tom was dazzled by the high quality of care that his wife and newborn received. As his daughter was being cuddled by a nurse he commented on the wonderful care. They both laughed when..
Only one attachment file (a WORD file) can be submitted for grading. You do NOT need to send in your working file from the software "Management Scientist".
A small furniture manufacturer produces tables and chairs. Each product must go through three stages of the manufacturing process: assembly, finishing, and inspection. Each table requires 3 hours of assembly, 2 hours of finishing, and 1 hour of inspe..
Does the systems development process have any effect on lowering the error rate of a new system and lowering the error rate increase productivity rate?
Inventory turns are calculated by annual cost of goods sold divided by avg inventory. An online book seller has an avg $10,000,000 in inventory and a turn of 3. Printing on demand can reduce inventory to $2,500,000 for the same sales volume. What is ..
The line contributes about $500 per hour to the firm's profit and overhead. What is the probability that the new machine project will meet the firm's NPV hurdle?
In a continuous inventory system an order is placed for a variable amount whenever the inventory on hand falls to a predetermined level
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