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A cigar company stocks Cuban cigars that have variable lead times because of the difficulty in importing the product. Lead time is normally distributed with an average of 6 weeks and a standard deviation of 2 weeks. Average demand is also normally distributed with a mean of 200 cigars per week and a standard deviation of 25 cigars. a. For a 98% service level, what is the ROP? b. What is the ROP for a 90% service level? c. Explain what these two service level mean. Which is preferable?
Johnson Plastics makes and sells, among many other things, specialty plastic display cases for retail stores. Johnsons expected demand for the display cases is 1,000 units, and ave
Critical thinking questions: what unique challenges do research and development labs provide for KM implementation? What is the benefit of MITRE's evolutionary approach to KM?
A: Describe the nature of leadership and relate leadership to management. B: what are the distinctions between management and lead?
You are in charge of organizing a dinner-dance concert for a local charity. You have reserved a hall which will seat 30 couples and have hired a band. Develop a scope statement for
ABC Company, a manufacturer of roofing supplies, has developed monthly forecasts for roofing tiles. The forecasted demand and the expected production days for months March to Augus
Suggest some possible strategic initiatives that Sigma could pursue to continue its growth
• How do you define strategy? • Have you ever held a position that had direct responsibility for strategy formulation or execution? • What was your role in strategy for that
Discuss how the improper handling of electronic evidence can adversely affect a criminal case. In your response explain the precautions that should be taken when investigators are
Assume that you are a business owner or business professional, in a company and industry of your choice, responsible for creating and executing the companys strategic plan. 1. D
Develop an EFE (External Factor Evaluation) Matrix for McDonald's Corporation.
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