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The home appliance department of a large department of store is using the re-order point inventory management system to control the replenishment of a particular model of CD players. The store sells an average of 10 CD players each week. Weekly demand follows a normal distribution with variance 4. Replenishment lead time is 16 weeks. What is the standard deviation of the demand during lead time? (recall from statistics that standard deviation is equal to the square root of variance and also that there are only rules for variances).
Select one:
a. 2b. 8c. 32d. 64
Identify and discuss the four basic phases of the Phased Project Planning process.
Describe what your role would be in a network organization, and the capabilities and roles of other firms you would want in your network.
Do you know of any organizations that use modern management thinking as describe in your textbook?
In a dried nuts company, there are two type of nuts, peanut and nut. The processing time of the nut is takes 1.5 times longer than peanut.
The economic price for the customer is indicated in the exhibit. However, the price must match the costs for the customer.
Sid Das Brick Distributors currently employs 1 worker whose job is to load bricks on outgoing company trucks. An average of 24 trucks per 8 hour shift, arrive at the loading platform, according to a Poisson distribution.
Identify key gaps in planning for the exit. Provide recommendations on the exit strategy. Is the sale the right one? What steps ought to be taken to maximize the sales-price?
What other sources of information can you use to effectively complete the SWOT Analysis? How can you check or cross-check the accuracy of some of the information?
Illustrate what is the NPV of the project. Illustrate what are the other computational analyses that could be used in the decision.
Explain why does Video Vault differ from Blockbuster in number of copies of movies it stocks. Would a studio that owns title to movie be indifferent between stocking policies of Video Vault and Blockbuster.
Gerard, an events promoter and coordinator, promises to stage a concert for the benefit of Kids Care, a charitable organization dedicated to helping disadvantaged youth.
An assembly line currently has five workstations and the time required for each is shown below. 1: 48 seconds, 2: 38 seconds, 3: 44 seconds, 4: 56 seconds.
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