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A music store is restocked weekly. The weekly demand for a best-selling CD is normal, with mean of 200 and standard deviation of 50. These CDs cost $8.00 per piece, and the store earns $4.50 per CD sold. Excess demand is lost (salvage value is $0); Customers go to a competitor's store rather than wait for resupply.
Suppose that exactly 10% of the start-of-week inventory of this CD disappears from the store without being sold; this is euphemistically known as a 10% shrinkage rate. Now, what order quantity maximizes expected profit?
A company is designing a product layout for a new product. It plans to use this production line eight hours a day in order to meet projected demand of 480 units per day
leslie is a middle-level production manager at the california branch of alt corp. alt corp. is an automobile
Discuss the importance of quality care models. Why is it important that they align to the mission of an organization?
Explain cost/benefit analysis and discuss how it is used in internal assessments. When is cost/benefit analysis most useful and least useful in an internal assessment?
Physical properties, Financial Assets, Technology that are controlled by the organization or intangible item;
Could someone please provide assitance with this questions thank you. In the first set of readings this week, we look at the concept of a "Universal Moral Code"
Create a diagnostic model that can be applied to the management of change.
Explain a contract management principle (and legal principle) associated uniquely with managing subcontractors, such as often happens in the case of outsourcing software development.
Case Study: British Telecom
Identify at least two significant regulations enforced by each agency relevant to Solar Co.'s business (totaling eight regulations).
Ordering cost is $50.00 per order. Unit cost is $5.00. The carrying Charge is 20%/year. Demand is 1,000 per week. Lead time is 2 weeks. Standard deviation of demand is 300/week. Calculate a fixed quantity reorder point system with a 95% service cycle..
Think about and describe the overall consumer’s behavior with respect to purchases in this industry.
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