Question: Blaster Sound has been analyzing the demand for their CD player and came up with the following results: Demand is normally distributed with an average
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Blaster Sound has been analyzing the demand for their CD player and came up with the following results:
- Demand is normally distributed with an average demand per week of 150 units
- Standard deviation of demand per week is 17 units
- Lead time is 4 weeks
Blaster Sounds policy is to provide a high level of customer service and they currently maintain a safety stock of 68 units. What would be their Customer Service Level with such a safety stock?
Here is the Customer Service Table:
Z Customer Service Level (CSL)
1 84%
2 97.5%
3 99.85%
5%
2.5%
95%
97.5%
16%
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What is a key characteristic of project management that sets it apart from general operations at a company?
Projects allow you to perform the same tasks all the time, leading to better quality work.
Successful projects can be run by just about anyone in the organization.
Projects have a termination point, whereas operations can go on forever.
Projects are always focused on fixing problems.
There is no difference. Projects and operations are pretty much the same thing.
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Another way to describe a Bill of Materials (BOM) is as
a set of instructions for building a piece of furniture.
the description of a course in the Bryant Course Catalogue.
the biography of a famous person.
a roadmap leading you to a destination.
a recipe of ingredients for baking a cake.
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