12 The stationary shop estimates that the average demand for a popular ball-point pen is 12,000 pens per week with astandard deviation of 3,000 pens. The current inventory policy calls for replenishment orders of 156,000 pens. Theaverage lead time from the distributor is 5 weeks, with a standard deviation of 2 weeks. If management wants a 95percent cycle-service level, what should the safety stock be?101,118 pens41,181 pensO 41,118 pens101,110 pens

Safety stock is the extra quantity level that the company held to reduce the risk of stock out in an…

Answered: The stationary shop estimates that the…

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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A 155. Subject:- finance
Q17 Interpret the correct definition of “practicable" according to OSHA 1994. I. II. Practical having regard to the severity of the hazard or risk in question. Practical having regard to the state of knowledge about the hazard or risk and any way of removing or mitigating the hazard or risk. Practical having regard to the availability and suitability of ways to remove or mitigate the hazard or risk. Practical having regard to the cost of removing or mitigating the hazard or risk. III. IV. (a) I, II and III. (b) П, II and IV. (c) I, III and IV. (d) I, II, Ш and IV.
18
A.3 Yellowburn University, a not-for-profit higher education organization, has the following mission statement: ‘We aim to deliver excellent tuition in state-of-the-art facilities to help develop socially responsible students and to contribute to global academic research.’ Which TWO of the following would be appropriate objectives to fit in with this mission? To deliver the best possible lessons. Each member of staff is to write two research papers for publication over the next two years. To increase car parking space at the university by 10% in the next 12 months to improve access. To get 15% of all students to receive first class honors degrees each year. To ensure 100% attendance from all students for every lecture.
15- Salman extends the delivery of goods to buyers for one week due to the lockdown. What type of decision is Salman making? a. strategic decision b. major decision c. long-term decision d. operational decision
Your company, Drones, INC, must decide on their path forward in regard to new or expanded facilities for drone production. The table below shows the potential profits/losses for each decision alternative in each of 4 market conditions (states of nature). Note that the numbers in red (with a minus sign) are losses. NOTE: I have provided some extra columns and rows for your computations. NOTE THAT THE OBJECTIVE IS TO MAXIMIZE PROFIT. STATES OF NATURE FOR POTENTIAL MARKETS FOR DRONES DECISION EXCELLENT GOOD FAIR POOR ALTERNATIVES OPEN 2 NEW $600,000 $400,000 -$200,000 -$500,000 PLANTS FOR PRODUCTION OPEN 1 NEW $500,000 $200,000 -$100,000 -$300,000 PLANT FOR PRODUCTION EXPAND $150,000 $75,000 $0 -$100,000 CURRENT PLANT DO NOTHING $0 $0 $0 $0 6.
f1. Subject :- Accounting
Topic: "Causes of rising food prices and the challenges faced by rural farmers in Mt. Royal, Carriacou". 1. Provide a statement of the problem using the topic above.
Q.3.1 You have been appointed as the legal advisor to a company, Xcite (Pty) Ltd. On your first day, the company receives a summons suing the CEO in his personal capacity for the utility bill of the company. He has signed no surety in respect of the account and the MOI is silent regarding the personal liability of any of the Directors in respect of the debts of the company. Provide the CEO with a legal opinion in which you discuss:• legal personality of juristic persons;• the consequences of Xcite (Pty) Ltd’s incorporation;• circumstances when the court will ignore juristic personality; and• circumstances when the directors of an incorporated company would ‘normally’ be liable. Q.3.2 Briefly explain the consequences of the letters ‘RF’ being placed after the company name “Xcite (Pty) Ltd”.
Q.2.4 Komla is director at Cyber-Fun Ltd, a company involved in the development ofelectronic gaming devises and software. As the Head of New Business, she tookadvice from company employees who were trained in computerised gamedevelopment and recommended that the company buy a particular game as it hadgreat prospects and offered the customer a unique experience. Six months afterthe launch of the gaming and its device, it was discovered that market impact waslow and the game/device received mediocre reviews. The company lost severalmillions of rand in development and production as consequence of this decision.Should Komla have relied on the expertise of her employees in evaluating thegame’s potential? In what ways is she protected by business judgment defence?Briefly discuss.
7

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