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Suppose lead time takes between 1 and 10 days, with each lead time equally likely (e.g. there is a 10% chance lead time is 1 day, a 10% chance lead time is 2 days, etc.) If daily demand is for 100 units, what reorder level will guarantee a 90% chance they don’t stock out?
Do you think sustainable business practices have a positive impact on business success? What are some criticisms of sustainable business? Do you agree with the triple bottom line?
Determine the size and timing of planned-order releases necessary to meet delivery requirements using Lot-forLot ordering policy.
A manager who encourages initiative by reminding employees that their failure means organizational failure should do something different. What should he do?
Your company thinks it will sell 5000 pizzas per year and is considering two different locations. Location A has fixed cost of $100,00 and a variable cost if $4 per pizza. what location should be selected using break even method? what is the point of..
The hotel management was in alignment with the consultant's thinking and changed the type of control chart to X-bar chart. The process was monitored using it and found to be statistically stable. The mean of the guest check-in process was found to be..
The chefs complain that Crine is outspoken, easily offended, domineering, and rebellious. They claim she is the cause of all disharmony in the kitchen and detrimental to morale and production.
Where do you think healthcare organizations are regarding transparency in their information (patient safety, outcomes of patient care, healthcare grades/scores)? Consider public reporting. Have there been improvements in transparency or is there much..
Explain why stereotypes interfere with intercultural communication. How can we avoid stereotyping in the workplace? Please choose one specific type of stereotype and discuss how you might educate others on how to avoid it, or how you would address th..
If you had to forecast sales would you follow a cautious, moderate or ambitious approach? Why? What part of sales forecasting do you think is really difficult? What information sources can you tap to get a close estimate that would be accurate?
Another area of savings in this manner for hiring out subcontractors is in payroll taxes and workers compensation insurance. By subcontracting out, the company that you hire is responsible for these expenses and the risk involved. Thoughts?
Is the stretched-S life cycle project form more common or the exponential form? What other aspects of managing a project are affecgted by the nature of the project form besides budgeting and early termination?
Weekly demand for Motorola cell phones at a Best Buy store is normally distributed with a mean of 500 and a standard deviation of 200. Motorola takes two weeks to supply a Best Buy order. Best Buy is targeting a cycle service level of 90 percent and ..
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