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A store manager controls the inventory of digital cameras with a Reorder Point Ordering inventory policy. The ROP is currently set at the value 555 and the lead time has been consistent at 1 week. It's estimated that the weekly demand for digital cameras follows a normal distribution with mean 500 and standard deviation 40. The manager has set a service level target of 95%. Which one of the following actions should be taken to satisfy the service level target?
A) Increase the ROP level by 100 units.B) Increase the ROP level to 566.C) Do not change the ROP level since it achieves the target.D) Reduce safety stock by 45 units.E) Increase safety stock to 166.
From reviewing historical information, you know which approximately 70percent of the patients will be on diets which allow brownies. Of those, 85percent will likely select the brownies. Approximately explain how many brownies should be forecast.
Illustrate what term best expresses placement of workers and machines in a single location to make a product. Discuss role and importance of Information Systems Management (ISM) in a named organization.
The injection molding department of a company uses an average of 30 gallons of special lubricant a day. The supply of the lubricant is replenished when the amount on hand is 170 gallons.
The annual demand for a product is 16,200 units. The weekly demand is 312 units with a standard deviation of 90 units. The cost to place an order is $30.50, and the time from ordering to receipt is eight weeks.
Adopting an ERP (Enterprise Resource Planning) system is a key business as well as a technology decision. Why would a company want to adopt ERP?
The Judy Gray Income Tax Service is analyzing its customer service operations during the month prior to the April filing deadline. On the basis of past data it has been estimated that customers arrive according to a Poisson process with an average in..
Illustrate what are names of resources to explore to reach a better understanding of a complaint of wrongful treatment by a social worker.
What other avenues may better educate the general public on the role and scope of nursing as well as the changing health care system?
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
How might mission and vision influence organizational design?
With the information he had at the time, illustrate what other alternatives could he have considered. Develop at least two of them.
Max Stamp approves study abroad documents for Penn. Students must wait in line with their forms outside Max's office. One student at a time is allowed in his office and Max takes precisely 25 minutes to evaluate each student's set of documents
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