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The Hardware Warehouse is evaluating the safety stock policy for all its items, as identified by the SKU code. For SKU M4389, the company always orders 80 units each time an order is placed. The daily demand is constant, at 5 units per day; the lead time is normally distributed, with a mean of three days and a standard deviation of two days. Holding cost is $3 per unit per year. A 95% service level is to be maintained. (a) What is the standard deviation of demand during the lead time? (b) How much safety stock should be carried, and what should be the reorder point? (c) What is the total annual holding cost?
What is behavioral segmentation. Describe a market that is behaviorally segmented.
What is the significance of the Concessions Management Act? What are some of the elements necessary for the creation of a national park?
Kilpatrick was not effectively doing his job. Is this enough to establish age discrimination?
Employee absenteeism is a big problem for employers. What ways does your employer reward good attendance and correct poor attendance?
Thirteen students entered the business program at Sante Fe College 2 years ago. The following table indicates what each student scored on the high school SAT math exam and their grade-point averages (GPAs) after students were in the Sante Fe program ..
Identify the five main types of actions which a company can choose from in crafting a social responsibility strategy. Why it is important to include policy and law in the study of health care and public health. Explain the ironic dimension of whistle..
When did you play the role of a change recipient?
Cynthia Knott's oyster bar buys fresh Louisiana for $4 per pound and sells them for $8 per pound. Any oysters not sold that day are sold to her cousin, who has a nearby grocery store, for a $2 per pound. How many pounds should she order each day?
Your method uses four actual demand levels, with weights of 0.333 on the present period, 0.25 one period ago, 0.25 two periods ago, and 0.167 three periods ago.
Sales support personnel who do not directly solicit orders but rather concentrate on performing promotional activities and introducing new products are referred
Identify and discuss the pertinent leadership and management issues you have observed in this organization.
ABC Motors ordinarily deals in used cars and also does some amount of repair work. Which of the following is a proper identifying term for Connie?
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