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Case: Moo-IQ distributes boxes of canned calf brains. Moo-IQ receives monthly deliveries from its supplier, who replenishes the boxes up to a level that Moo-IQ is free to specify. Moo-IQ buys the boxes at $450 each and sells them for $600 each to its wholesaler customers. The annual inventory carrying charge is 20%. Monthly demand of boxes is normally distributed with mean 3,500 and standard deviation 400. Moo-IQ's management wants to limit the probability of a stock-out on any given month to to 9%.
Question 1: What value of a replenishment level would you recommend?
Question 2: What is Moo-IQ's annual cost of holding safety stock?
Given the network plan that follows, compute the early, late, and slack times. What is the project duration? using any appraoch you wish ( e.g., trial and error), develop a loading chart for resourses, Electrical Engineers (EE), and resource, Mechani..
The market price of an item is $250.The production cost C for the particular company is a function of its output level, q, and is given by C = 100q^(1.2), where C is in units of dollars and q is the number of units produced. Determine the optimum out..
The journal will reflect your observations of international business issues in the news.
United Research Associates (URA) had received a contract to produce two units of a new cruise missile guidance control. The first unit took 5,000 hours to complete and cost $50,000 in materials and equipment usage
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The restaurant would serve dinner Tuesday through Saturday. Brian has noticed a restaurant for lease. The restaurant has seven tables, each of which can seat four.
Morrison's work provides a unique and useful way of reading and re-examining American literature, asking us to consider both the black presence.
What are the essential tools (e.g. the toolkits referenced by von Hippel) that can help a user innovation community succeed online?
There are several different classifications of law. Sometimes it's difficult to understand the differences between criminal and civil law.
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