Blanchard Importing and Distributing Co.‚ Inc Question 1: EOQ/ROP Calculations Multi period Inventory System: Fixed-Order Quantity Model (EOQ/ROP) Assumptions: Demand for products is constant‚ however safety stock added as precaution to stock outs. Probability of not stocking out is 95% Lead time is constant Price per unit is constant Inventory holding cost is based on average inventory and storage costs for safety stock Setup costs are constant All demands for product will be satisfied
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Managing Business Operations Case Analysis: Blanchard Importing and Distributing Co. Inc. (HBS Case 9 - 673 - 033) Submitted by: Tushar Kothavale (130) NMIMS‚ FT MBA 2009-2011 1) Correct the Economic Order Quantity (EOQ) and Reorder point (ROP) quantities for each of the five items mentioned in the case. We first predict the annual demand for the year 1972 based on trend for 4 months of 1972 based on corresponding months of 1971. Calculations for Annual demand (R): The assumption made here is
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Hersey and Blanchard ’s Situational Leadership Q4 Hersey and Blanchard believe a manager may effectively use any of four styles depending on the “readiness level” or “maturity” of the subordinates (Hersey‚1984). Maturity: assessed in relation to a specific task and has 2 parts; Psychological maturity – Their self-confidence‚ ability and readiness to accept responsibility Job maturity – Their relevant skills and technical knowledge Readiness Level: based on how ready and willing the follower
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radio)‚ has revealed that over 90.7 percent of artists considered as undiscovered. Why is this happening and where the actual reasons are hiding? We can find a comprehensive answer to this question in the Ken Robinson’s book The Element‚ which is the guidebook to the issues that every person‚ who is seeking for the life’s calling asks himself. Becoming a successful artist looks like a traveling under the chasm using a bridge‚ which built from talent‚ desire‚ and attitude towards our own potential
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the car. (c) Does the car travel farther than the jogger during the 2.0 s? If so‚ how much farther? 31. A speed ramp at an airport is basically a large conveyor belt on which you can stand and be moved along. The belt of one ramp moves at a constant speed such that a person who stands still on it leaves the ramp 64 s after getting on. Clifford is in a real hurry‚ however‚ and skips the speed ramp. Starting from rest with an acceleration of 0.37 m/s2‚ he covers the same distance as the
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Blanchard and Hodges describe leadership “as a process of influence.” Write a paper describing why Blanchard and Hodges state that “leading like Jesus is a transformational journey.” Discuss and explain the journey. The paper should be typed‚ double-spaced‚ and 1-2 pages in length. A Biblical Foundation for Servant Leadership Leading like Jesus is a transformational journey (Blanchard & Hodges‚ 2005). It is a process that starts with personal leadership‚ and then the transformation cycle begins
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ON THE ELECTRODYNAMICS OF MOVING BODIES By A. EINSTEIN June 30‚ 1905 It is known that Maxwell’s electrodynamics—as usually understood at the present time—when applied to moving bodies‚ leads to asymmetries which do not appear to be inherent in the phenomena. Take‚ for example‚ the reciprocal electrodynamic action of a magnet and a conductor. The observable phenomenon here depends only on the relative motion of the conductor and the magnet‚ whereas the customary view draws a sharp distinction
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understanding is very important. A Mentor must also be sympathetic and willing to help. Compassion is key to any mentor relationship. My Mentors is my mom she plays a key role in my life‚ and the lives of many others. We have been through so much together‚ and we get closer everyday. Experience is the most important quality that a mentor must posses. While living in this world my mother has gained so many experience‚ and knowledge about everything you can imagine. Being a single mother in this world is
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She shall not be moved 1. Write a summary of ”She shall not be moved” The story is about two white old women who are sitting in some fold-up seats in the pram space in a bus. A Somali woman is standing with her pram squashed tightly up against the aisle. The two women see her but they do not move and instead they pretend that they have not seen anything even though the narrator makes them aware of that there are other free seats. The narrator is sitting in another seat with her young daughter
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Discuss Ken Dempsey ’s reading on Community In the reading Community: Its Character and Meaning‚ the author‚ Ken Dempsy stresses the difficulties that arise when attempting to define this concept of community. It is one of the most contested concepts in the social sciences‚ yet sociologists persist in using it because the informal relationships we have beyond the household continue to play a significant part in people’s daily lives‚ and they find the notion of community indispensable to talking
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