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Suppose retailer demand each period was Normally distributed with average of 8 and standard deviation of 2. Backorders cost $2 per unit per period and excess inventory costs $1 per unit per period. The leadtime demand was 4 periods, which means that leadtime demand was Normally distributed with mean of 32 and standard deviation of 4 (LD~N(32, 42 )). What would the optimal basestock policy be?
Do you think technology will eventually enable top managers to do their jobs with little face-to-face communication? Give examples.
What health care professions would rank in the top 5 for having the greatest employment opportunities within the next 5 years? Identify factors that will impact growth.
What can marketers and organizations do in order to ensure that vital consumer information is private and that consumers feel comfortable visiting their websites and participating in data research?
Discuss the strategies that you might use in addressing both goals and what would you develop, implement and measure to ensure successful accomplishment of these goals?
Josh and Kyle work together on various projects at work. Kelsey works with them occasionally. Alex, Kaleb, and Jesse have worked for the company for approximately 25 years. They tend to have a lot of organizational history and knowledge. Identify who..
Elwood Supermarkets is a major food retailer in the Chicago area. The chain has over 60 stores that receive merchandise from their Redwood, Illinois warehouse. The warehouse receives shipments of merchandise throughout the day from the various vendor..
Explain how the totally integrated supply chain contributes to organizational efficiency and effectiveness. What is the impact on efficiency and effectiveness?
Recommend strategies, tools, etc. the organization can use to improve or expand upon the supply chain in the future. Identify any potential ethical issues that could have a negative impact on the organization and make recommendations to address the..
From your perspective with your current employer, how do behavioral competencies impact the organization? What are two or three positions that exist in the organization and what are the behavioral competencies that people need in order to be successf..
Environmental Issues relating to Consumption, The piece should be created based on one of the topics listed below and should relate to the Theme of Society and Technology: Investigation of Group Identity.
Compare the costs to a level plan that uses inventory to absorb fluctuations. Inventory carrying cost is $ 2 per engine per month. Backlog cost is $ 90 per engine per month. There should not be a backlog in the lastmonth.
Define leadership and management.
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