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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?
1) What is job evaluation? What method(s) of job position evaluation does employer use? Explain why. (Remember, "Job Evaluation" is not the same as "Performance Evaluation.") 2) Wh
Book Edition Company Book Edition Company produces very rare cover pages for history books. Reader habits change a lot and they change their mind a lot. The cover pages a
A company has a new design for their product in next year that can reduce their material cost of producing units from $8.14 to $7.32. The company passes on half of all cost savings
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Select an active Engineering Company, performing a brief research quote the company's mission statement, list 3 current strategies of the company and discuss how they are in alignm
Should ethical concerns be part of life's everyday experience, or is it only necessary when we are faced with overwhelming moral dilemmas? Please state why you have come to this co
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The home goods department of a large department store sells 175 units per month of a certain large bath towel. The unit cost of a towel to the store is $2.50 and the cost of placin
what are the elements of production forecasting?
Go online and research the future trends relative to the field of T & D. Consider researching professional organizations such as SHRM or ASTD. What predictions do you find? Where d
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