Recall "Tommy's Dresses to go" case. Three years after, this company stillrents designer dresses to customers, but it has managed to streamline itsinternal processes and expand to different segments of demand. Now,customers can rent clothes for anywhere between 1 days to 30 days, andeach customer is sent only one (1) dress (instead of 2 dresses described in thecase). The company alsó takes only 13 number of days to turn around a dress(i.e., this the duration starting with return from a customer, to again beingrented out to a customer). The current demand is an average of 1,000customers per day, and the company owns total of 30 thousand dresses.What is the average rental duration? (i.e., what is the average number of days,a customer keeps a dress).

Tenants request residences for periods ranging from one month to a year, and in some cases even…

Answered: Recall "Tommy's Dresses to go" case.…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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true or false 3 The same person requires different combinations of products and service depending on the occasion.
A convenience store uses the fixed-period inventory control system (FPS) to manage its inventory of distilled water bottles. This system relies on the following information. (a)Using EOQ (rounded up), what is the time interval between reviews T in operating days? Note that after having the rounded-up EOQ, you should not round up values at intermediate steps; and, you should round T up only after the last calculation. (For example: enter 10 for 10 days.) (b) What is the current inventory position (IP) in bottles? (For example: enter 70 for 70 bottles) (c)Without safety stock, what is the replenishment level without safety stock M(AD) in bottles? Note that the question does not ask for M(ST). (For example: enter 70 for 70 bottles) (d)If today is the review day and without safety stock, what is the order quantity in bottles given M(AD)? (For example: enter 70 for 70 bottles)
Which item would be considered an order winner in an automobile developed for high-end users? Voice-activated music system Compact disc players Full-sized spare tire Air bags
This is for management class, Roshaun is a shipping manager for a company called “Soy to the World” that makes and sells soy candles. The soy candles are made in the company’s production area: mixed by hand and poured into glass jars, labelled, and moved to the shipping department to be sent out all over the country. Customers are usually individuals who find out about the candles from social media. They mostly order small numbers of candles at one time. Sometimes, though, companies order larger amounts of candles to be shipped as a single order. Roshaun’s team consists of eight people who pack and ship orders. Orders arrive via email to the shipping clerk who creates and prints labels, and passes the order to the shipping team that packs the candles into boxes and applies the label. Then the clerk calls an express shipping company to pick up the candles. Roshaun’s team takes such good care of packing each shipment that they have a record of no shipments ever being returned for…
The Northridge Company tends to keep the inventory low. At the same time, it is important to respond to demand quickly, since a customer who wants a product K is very likely to get one from a competitor if Northridge Company doesn’t have one available immediately. Northridge Company’s current policy to produce the product K is to produce 100 per week, which is the average demand. Even this is a problem, as the production manager has pointed out, since the equipment is also used for other products and the lot size of 300 would be much more efficient. He said he is currently set up the production for product K for the next week and states that he has capacity available to produce 300 at a time next week. The following lists the forecasts and actual customer orders for the next 12 weeks. Week 1 2 3 4 5 6 7 8 9 10 11 12 Forecast 90 120 110 80 85 95 100 110 90 90 100 110 Customer Orders 105 97 93 72 98 72 53 21…
Examine the possible cash-flow issues and operational improvement possibilities of at least two KPIs from the middle of the revenue-cycle dashboard of the chosen organization. Charges are captured for services provided. 91%(Color: Yellow)92%(Color: Yellow)85%(Color: Yellow)86%(Color: Yellow)Clinical documentation is completed within 5 days of patient visit/discharge.93%(Color: Green)96%(Color: Green)81%(Color: Yellow)81%(Color: Yellow)Area of the CycleKey Performance Indicator (KPI)Target: 100%January - MarchActualApril - JuneActualJuly - SeptemberActualOctober -DecemberActualMembers of the medical staff are notified within 2 days of any delinquent (greater than 5 days) clinical documentation in patient charts.100%(Color: Green)98%(Color: Green)99%(Color: Green)100%(Color: Green)Coding is completed within 5 days of clinical documentation completion in the medical record.100%(Color: Green)70%(Color: Red)78%(Color: Red)76%(
Which of the following add customer value? Group of answer choices storage time processing time setup time idle time
Not use Ai and chatgpt please.
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Lisa as a florist decided to open a new flower shop with the concept of love decoration. help her via connecting the four key questions that form the foundation of her service distribution strategy: ‘what’, ‘how’, ‘where’ and ‘when’(300-400 words)
31) For a company, 40% Service Level means that Group of answer choices a) R=d¯L b) R>d¯L c) R<d¯¯¯L

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