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The annual demand for a product is 15,600 units. The weekly demand is 300 units with a standard deviation of 90 units. The cost to place an order is $31.20, and the time from ordering to receipt is four weeks. The annual inventory carrying cost is $0.10 per unit. Find the reorder point necessary to provide a 98% service probability.
Suppose the production manager is asked to reduce the safety stock of this item by 50%. If she does so, what will the new service probability be?
what are the assumptions that underpin traditional public personnel management
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impressive portfolio includes some of the strongest brand names in the world. Additionally, P&G must study its consumers, use long-term perspectives, employ product innovation and
Unit IV: At the Bargaining Table Unit V: Grievances and Arbitration Unit VI: Wage Issues and Economic Supplements Unit VII: Institutional Issues Unit VIII: Administrative Issues
Case Scenario: Heartsong LLC. Heartsong LLC is a designer and manufacturer of replacement heart valves based in Peoria, Illinois. While a relatively small company in the medical de
You are the internal relations manager for Elan, an Irish biotech firm, when it is acquired by Johnson and Johnson. How will you help the top management team overcome resistance to
Given the following information: sales:48,000,000 CGS:24,000,000 Variable expense:8,000,000 fixed expenses:8,000,000 inventory:6,000,000 account receivable: 3,000
By whom Dual factor theory was propose? Dual factor theory has been proposed by Herzberg.
If you believe that urine testing in some form might be acceptable, write down the outlines of sound testing program. Who should be tested? Employees? Job applicants? Should there
The historical development of operation management.
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