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How much gravy should be ordered using a fixed order interval system? Order is being placed on Thursday and the fiscal week begins on Thursday and ends on Wednesday. Service level of 95%, standard deviation of 3.5 units per week, moving average weekly demand of 35 servings. Each gravy mix comes in packs of two servings. Currently three packs in inventory
what is the importance of facility location ?
Explain the 5-S practice for improving both the physical and thinking environment of an organisation. The 5-S practice is an approach to achieving an organised, clean and stand
How can you determine a core competency?
Howard Electronics, a small manufacturer of electronic research equipment, has approximately 7,000 items in its inventory and has hired Joan Blasco-Paul to manage its inventory. Jo
What is ABC analysis in inventory control? Discuss its advantages/disadvantages
Rocky Mountain Tire Center sells 20,000 go-cart tires per year. The ordering cost for each order is $40, and the holding cost is 20% of the purchase price of the tires per year. Th
The owner of Firewood To Go is considering buying a hydraulic wood splitter which sells for $50000. He figures it will cost an additional $100 per cord to purchase and split wood w
Explain the process of the procurement of raw material and components. Managing the procurement of raw material and components into the production process of an organisation ca
You have figured out that, for your research, you need 20 classes of Biology 101 students to complete your questionnaire. You estimate that the average student will complete the qu
While patrolling for illegal border crossings and drug dealers, agents of the U.S. Border Patrol spotted 15 to 20 people being loaded into a van at the rear entrance to a restauran
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