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A large supplier of electronic components has decided to control the inventory of a certain item by a periodic review, order up to R policy. The mean demand rate for this item is 500 units per year. The lead time? Is nearly constant at three months. The demand in the time? + T can be represented by a normal distribution with mean 500 (? + T) and the variance 800(? + T). The cost of each unit is $10, the inventory carrying cost rate is 0.10, the cost of making a review and placing an order is $15, and the cost of backorder is estimated to be $30. Find the optimal quantity and period for this problem.
Product management offers a host of dilemmas and challenges to marketers. What products will give us a competitive advantage? Are the new products we are considering in keeping wit
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Describe how you would use Situational Leadership to diagnose the situation and identify the appropriate leadership style.?
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The Bryant Museum is open 360 days per year. On average, they sell 3 hounds tooth hats per day. Each hat sells for $16. The museum%u2019s holding cost is $1 / hat / month. Each ord
How has the increase in uncertainty in business affected the "make-or-buy" decision, and is this trend likely to change?
what is the symptoms of bad layout
Q3. What do you understand by “line balancing”? What happens if balance doesn’t exist?
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Describe a recruitment process that would provide a pool of pre-qualified candidates for the seven open trainer positions.
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