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Annual demand for a product is 13,000 units; weekly demand is 250 units with a standard deviation of 40 units. The cost of placing an order is $100, and the time from ordering to receipt is four weeks. The annual inventory carrying cost is $0.65 per unit. To provide a 98 percent service probability, what must the reorder point be? Suppose the production manager is told to reduce the safety stock of this item by 100 units. If this is done, what will the new service probability be?
You are interviewing for a management position at Northern Air Cargo (NAC), a general airfreight service that operates throughout Alaska. As part of your preparation for the interview, you thoroughly check out their website. You also found out that t..
Decisions about pay structure in global companies affects: Answer (1) a company's financial and operational requirements. (2) the cost and availability of qualified workers. (3) the cost and availability of local workers. (4) a company's costs and..
Hammett, Inc. has sales of $19,570, costs of $9, 460, depreciation expense of $2,130, and interest expense of $1,620. If the tax rate is 35 percent, what is the operating cash flow, or OCF?
your boss has just come to you and told you that your company is now going in the direction of lean manufacturing so
1. What are the different types of inventories maintained by a typical business entity? 2. What is the significance of inventory regarding customer service levels?
Compute the multifactor productivity measure (output in sales dollars) for each week using the data provided below for the production of chocolate bars. Assume 45-hour weeks and an hourly wage of $14. Overhead is 2.5 times the total weekly labor cost..
Complete a Porter’s Analysis to Industry Analysis on the Airline Industry using the six forces. Indicate each force’s competitiveness intensity by signifying Low-Medium-High, or combination of two grades. Support your evaluation on each force’s compe..
What are the four types of conflict? Why can ego conflict damage relationships? How can conflict bring about positive results? Why is “I” a better word to use than “you” when you are angry?
Is there a "best" employment process stepwise? What steps must come first and last?
Annie and Bart are coworkers. In fact, they share a cubicle wall. Recently, they were involved in a fender-bender in the company parking lot. Each blames the other for the accident, and the two have stopped speaking. Would you advise them to try to s..
A machine can operate for an average of 11 weeks before it needs to be overhauled, a process which takes 4 days. The machine is operated 5 days a week. Compute the availability of this machine. (Round your answer to 3 decimal places)
The Research Paper will involve outside reading on an ethical or social responsibility issue related to the aviation, aerospace, or airport industries. Outside sources of information can be obtained from books, magazines, newspapers, a personal in..
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