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A fan manufacturer uses a periodic review inventory system to purchase electric motors. The review period is 2 weeks and the lead time is 1 week. Demand for electric motors is normally distributed with a mean of 500 per week and a standard deviation of 80 per week. The target inventory is 1762 motors. a) What is the safety stock? b) What service level is achieved?
what qualitative measure approach will most likely be used to accomplish this task?
Construct an External Factor Evaluation Matrix On Microsoft. This Matrix should follow the format of the examples
Assuming these companies compete within same industry also have identical sales; explain impact of changes in sales volume on both firms' profits.
Using these data, set up a c-chart with z = 2. Suppose the next five rolls from the supplier had three, two, five, three, and seven irregularitiies. Is the supplier process under control?
What challenges may arise if a U.S. project manager moves to a foreign country to manage a project for 5 years? Discuss specific strategies that the U.S. project manager could use to be successful in a situation such as this.
A car rental agency uses 96 boxes of staples a year. The boxes cost $4 each. It costs $10 to order staples, and carrying costs are $0.80 per box on an annual basis.
Illustrate what methods can be used during problem formulation. Illustrate what is a problem statement. Explain how can a problem statement be formulated so which it is considerate of stakeholders.
The local technology store WiredIn hired you to manage their inventory, which consists of 2 products configurations, type L and type J. Below are the data for the products.
The local convenience store makes bread. Currently, their oven can produce 50 pieces of bread per hour. It has a fixed cost of $2,000, and a variable cost of $0.25 per bread.
It is essential that an organization has an appropriate value proposition. The firm cannot prepare a strategic plan until they have the value proposition developed
Elucidate how many applications can be processed per hour if a second clerk is added to check for violations.
Identify a change that is needed in your healthcare organization. Using the change process, outline the steps you would take to initiate change. Explain how you would deal with resistance to the change.
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