Your firm uses a continuous review system and operates 52 weeks per year. One of the SKUs has the following characteristics. Demand (D) = 20‚000 units/year Ordering cost (S) = $40/order Holding cost (H) = $2/unit/year Lead time (L) = 2weeks Cycle-service level = 95% Demand is normally distributed with a standard deviation of weekly demand of 100 units. Current on-hand inventory is 1.040 units with no scheduled receipts and no backorders. 1. Calculate the item’s EOQ. What is the average time
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| | | Mabuhay Products Inc.Submitted by:Michelle MolasAdrian ManlapigAngela NunezKatrina Silvoza | | | Point of View_________________________ This case was analyzed from the point of view of Robert Ocampo‚ the inventory manager of Mabuhay Products Incorporated. Case of Context_______________________ Mabuhay Company Incorporated owns 50 grocery outlets scattered around the metro but has only one main warehouse where all the goods are stored prior to delivery. The current
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The purpose of this paper is to review different aspects of mindfulness to make a case for the study of the effects of mindfulness on a persistence task (a. Topic). Lueke and Gibson (2016) utilized a method like the one I am planning to use (b. Article that my proposed method is most similar to). Lueke and Gibson (2016) build upon the theory of mindfulness presented by Mrazek‚ Franklin‚ Phillips‚ Baird‚ and Schooler (2012) and Bishop et al (2004)‚ and their method is similar to the one utilized by
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Porumbeanu Andra-Irina Aspects of memory The way in which the human mind functions has always held a place among the most controversial issues‚ highly debated across the world. Mainly due to their very complex nature‚ some of the brain’s processes have not yet been fully understood and explained. The memory is probably the most fascinating of them all because of the vast number of factors involved in creating a single piece of information which has to be stored for a short or long term. It is
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Holding Fast HBR Business Case Assignment 1. This case starts out in a lab that is located in a building that is operated by Crescordia. Crescordia is a company that makes a range of products such as artificial hips and scalps but also is one of the few companies that sell fixation devices. At the beginning of the case Crescordia holds a seminar for orthopedic surgeons so they can better familiarize themselves with the products and procedures that are needed when dealing with using these fixation
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Project part 2 Student name Professor Institution Course Date Why is frictional unemployment important to have in any economy? Frictional unemployment is the kind of unemployment that arises as a result of people moving from one job to another‚ career or location. It involves people who have both the competencies and skills of getting a job and in the stages of getting one though they have not become successful in finding one1. For those people looking for new jobs while still continuing
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INTELLECTUAL PROPERTY RIGHTS The character of world trade has undergone significant changes in the last decade. Many issues have come to the fore to influence the trade patterns. The concerns of environment‚ assertions on human rights the sympathy (?!)‚ for child labour‚ to mention a few‚ have‚ been exerting dominant influences. Transfer of polluting industries to the developing nations‚ using poor economies for pollution control are all totally new issues defying the relevance of the traditional
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Laura Ashley Holdings plc: The Battle for Survival The principal activities of the Laura Ashley Holding Group are the design‚ manufacturing‚ sourcing‚ distribution and sale of clothing‚ accessories and home furnishings. The Group acts through tow divisions: Retail‚ which reflects sales through Laura Ashley managed stores‚ Mail Order and Internet‚ and Non-retail‚ which includes licensing‚ and franchising‚ although the retail sector represents the bigger one. The company operates in the UK‚ Ireland
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What is Intellectual Property? Intellectual property (IP) refers to creations of the mind‚ such as inventions; literary and artistic works; designs; and symbols‚ names and images used in commerce. IP is protected in law by‚ for example‚ patents‚ copyright and trademarks‚ which enable people to earn recognition or financial benefit from what they invent or create. By striking the right balance between the interests of innovators and the wider public interest‚ the IP system aims to foster an environment
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3. LEGAL & POLITICAL Legal Requirement in a Host Country. THAILAND Thailand officially the Kingdom of Thailand formerly known as Siam is a country located at the centre of the Indochina peninsula in Southeast Asia. It is bordered to the north by Burma and Laos‚ to the east by Laos and Cambodia‚ to the south by the Gulf of Thailand and Malaysia‚ and to the west by the Andaman Sea and the southern extremity of Burma. Its maritime boundaries include Vietnam in the Gulf of Thailand to the southeast
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