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A local bar serves a premium draft beer to its customers. The daily demand for beer is assumed to follow a normal distribution with a mean of 80 litres and a standard deviation of 16 litres. The lead time required to receive an order of beer from the local distributor is 12 days. Determine the safety stock and reorder point if the bar wants to maintain a 90% service level. What would be the increase in the safety stock if a 95% service level is desired?
Using the IT Savvy four types of the CIO (page 146 IT Savvy), choose a type for each of CIO or IT leaders for all of the cases we have reviewed in this class. Give example of why y
5. A network consists of the following list. Times are given in weeks. Activity Preceding Optimistic Probable Pessimistic A -- 5 11 14 B - 3 3 9 C -- 6 10 14 D A, B 3 5 7 E
Define all the Consumer Promotion Tools. Samples, contests, competition and money-refund offers, for consumers are Consumer Promotion Tools.
Have to set up a Blog for the my inanganiry business, The Business is called "Senior Village" its a whole city in a gated community, the Seniors will not have to leave the grounds
1. What does Neely suggest is the first step of the business management process and what affect does he suggest performance measurement has? 2. It has been suggested that inves
state the major factors that affect location decisions?
Analyzing a Taco Bell Restaurant ch7 p. 240 13th edition 1 Draw a diagram of the process using the format in Exhibit 7.3 2 Consider a base case where a customer arrives every 40 se
Question: What are different conditions which a company has to make sure before the implementation of the Cost of Quality? Description/Definition of cost of Quality • The
Time Study - Process Design Time study by stopwatch or micro-motion analysis is the original method of work measurement devised by Taylor and his followers, and is still routi
A stock has an expected return of 10.2 percent, the risk-free rate is 4.5 percent, and the market risk premium is 8.5 percent. What must the beta of this stock be?
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