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The injection moulding department of a company uses an average of 30 gallons of special lubricant a day. The supply of the lubricant is replenished when the amount on hand is 170 gallons. It takes four days for an order to be delivered. Safety stock is 65 gallons, which provides a stock out risk of 9 percent. What amount of safety stock would provide a stock out risk of 3 percent? Assume normality.
Hierarchical planning in operations/production management and types of time frames in each hierarchy
You are preparing a Preliminary Hazard List (PHA) for a new aircraft, as the System Safety Engineer. Describe 5 (five) credible hazards/mishaps you would include in this list for f
This assignment is designed to demonstrate that the learning curve concept plays a vital strategic role in location decision. A company started making a new product simultaneously
Control Charts for Variables Two complementary charts are commonly used for the statistical control of process variables. One controls the process mean by monitoring the mean
Using the data in Table 13-4, determine the latest time activity A can be finished and not delay any activity? Table 13-4 The following represents a project with known activity tim
Please give a detailed answer on how to handle the situation: You work for a small consulting firm and, like most companies; you are currently facing tight budget constraints given
Risks identified in the project charter include events that if they occur will have either a positive or a negative effect on a project's objectives.
Forward Scheduling - Scheduling Techniques Forward scheduling means assigning customers orders or job to various work centers based on the as early as possible approach. Thus
CASE STUDY; Turnaround at the Preston Plant SPC is an operational level technique of ensuring quality conformance. How many of the benefits of bringing the plant under control wou
What would be an example of a situation where instruction is not necessary to solve a performance problem?
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