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A bakery's use of corn sweetener is normally distributed with a mean of 80 gallons per day and a standard deviation of four gallons per day. Lead time for delivery of the corn sweetener is normal, with a mean of six days and a standard deviation of two days. If the manager wants a service level of 99.01 %, what reorder point should be used? Use 4 decimal places for all intermediate calculations. Round your final answer to the nearest integer
Why do you think some chief executive officers fail to use a strategic management approach to decision making?
Social security reform is needed; however, in the past when political leadership had called for such reforms, there was a groundswell of opposition to any efforts at reforming this particular entitlement. Discuss why this might be so in America?
Wood Specialties Company produces wall shelves, bookends, and shadow boxes. It is necessary to plan the production schedule for next week. The wall shelves, bookends, and shadow boxes are made of oak, of which the company has 600 board feet. What is ..
A farmer in Georgia must decide which crop to plant next year on his land: corn, peanuts, or soybeans. The return from each crop will be determined by whether a new trade bill with Russia passes the Senate. Determine the best crop to plant, using the..
After reading about the Strategic Decision-Making Process in the chapter discuss which of the eight steps you feel is the most important of the process to achieve competitive success for a firm. Please provide at least 200 words in your written discu..
Although lower inventories and a just-in-time approach receive considerable attention in the business media, some organizations prefer high levels of inventory. Why would they want to hold a large inventory?
Which of the following statements about the trade-off theory of capital structure is most correct?
Consider an organization where you work or have worked. Discuss the risk balance or policy that senior management plays for a risky project. If you have not worked in such an environment, discuss a current project that has appeared in the news med..
write a four to five 4-5 page paper in which you1.compare and contrast the application of information technology it to
Describe a complex situation when you had to face into conflict. How did you approach the situation? Was the situation resolved to your satisfaction and to the satisfaction of stakeholders? How did you know?
a. What is the company's net income for 2015? (Do not round intermediate calculations. A negative answer should be indicated by a minus sign.) b. What is its operating cash flow? (Do not round intermediate calculations.)
Evaluate your government agency or non-profit corporation against the four generic building blocks of competitive advantage: efficiency, quality, innovation, and responsiveness to customers. How does this exercise help you understand the performance ..
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