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Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past year, the mean lead time demand for bandage BX-5 was 60 (and was normally distributed). Furthermore, the standard deviation for BX-5 was 7. Ms. Flynn would like to maintain a 90% service level. a) What safety stock level do you recommend for BX-5 b) what is the appropriate reorder point?
A manufacturer uses a purchase part who's demand over any time period of length t (in years) can assume to be normally distributed with mean 200t and variance 400t. The part cost $
A plant layout should be designed in such a manner that it will provide safety and security of employees at all costs. Optimum plant layout calls for high operating e
An electronics firm is currently manufacturing an item that has a variable cost of $.50 per unit and a selling price of $1.00 per unit. Fixed costs are $14,000 per month. Current d
The product design group of Flores Electric Supplies, Inc., has determined that it needs to design a new series of switches. It must decide on one of three design strategies. The m
1. A powder metal (PM) manufacturing line produces bushing in three steps, compaction, sinter-harden, and rough/O?nish turn, which are accomplished at three single machine stations
Process Solutions provides a computer-based document processing service. The accountant has produced the following analysis. Standard Modifi
Analyze the strategic role of operations management in terms of organizational and operational objectives.
To answer Question 1: Use the forecasting module that you opened in the POM-QM for Windows software to solve the Southwestern University case study at the end of Chapter 4 of the H
Your company makes baby seats for cars and RVs. Your main product was designed some time ago, and new and better engineering data are available, but your product has a good record
Please explain how you would handle the following question: An environmental impact statement confirms that you are within your legal rights to build a hotel property in a scenic a
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