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State the Perpetual inventory control systems
Continuous (Perpetual) Inventory Control Systems:
Stock levels are continually monitored and reviewed within ‘real-time’ and orders placed while stock reaches or falls below a pre-found reorder level. This reorder level could be for standard or variable quantity every time but ordering does not arise at predetermined intervals of time.
The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $30, overhead rate is 1.0 times labor co
Could someone help me to figure out this case? Thanks very much. Alex Hamilton founded Hamilton Marketing Services in 1999 after leaving a major marketing consulting firm in Chicag
You just took a $20,000, eight-year loan. Payments at the end of each year are flat (equal in every year) at an interest rate of 8 percent. Calculate the appropriate loan table, sh
1. Identify and describe fire wire sure wire surfboard's strongest competitor .how is this rival positioned in the marketplace? 2. What recommendation would you make to mark pri
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what is the average worker in percentage from manufacturing industry
An assembly line normally operates two shifts a day, five days per week. The planned capacity of the assembly line is 380 units/shift. Determine the average safety capacity if 700
Question: (a) "CPM and PERT are two techniques widely used in project management." Under what conditions is each one of them used ? Illustrate your answer with examples. (b
Are the following objective functions for an LP model equivalent? That is, if they are both used, one at a time, to solve a problem with exactly the same constraints, will the opti
what are the changing roles of computers in operations management
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