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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?
Determine upper and lower control limits for mean and range charts.
Service Blueprinting - Process Design Most of the recording techniques described so far had their origins in the heyday of scientific management. Service blueprinting is much
Suzy, a bartender, can serve drinks at the average rate of one every 35 sec. During a hot evening recently, the bar was particularly busy and every 45 sec someone was at the bar as
Briefly explain the situational influences on organizational design
Lamda Computer Products competed for and won a contract to produce tow prototype units of a new type of computer that is based on laser optics rather than on electronic binary bits
Foster Company makes power tools. The budgeted sales are $420,000, budgeted variable costs are $147,000, and budgeted fixed costs are $227,500. What is the budgeted operating in
Material Requirements planning is more than Inventory system "discuss
Analyze the strategic role of operations management in terms of organizational and operational objectives.
Cite at least six steps that should be observed in developing an effective public realtions program. Provide a recent negative public relations in sports
A popular concept in healthcare administration these days is the service line. Let us put you in the CFO position for this question. For your own hospital, are you in favor of serv
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