1 should every corporation be required to have an ethics, Ask an Expert

Management Studies

1. Should Every Corporation Be Required to Have An Ethics Audit From An Outside Firm Just as Each is Required to have a Financial Audit?

2. List the five modes of transportation and for each mode, provide a brief description of the kinds / types of cargo that are typically transported via that mode.

3. T-mart logistics manager needs to order repetitively for one of its staple items. The product demand rate is uncertain in nature, so he considers applying the EOQ-based Reorder Point Control for a Single Item under Uncertainties. The MONTLY demand for the product likely follows a normal distribution, with a mean of 100 units and standard deviation of 20 units. The item value is C=$10/unit, while the inventory carrying charge is I = 20%/year based on the value of the item. Ordering cost is S=$40/order, with a fixed lead time LT=0.25 month. Based on this method, the appropriate reorder quantity (Q) should be

a. 100 units

b. 120 units

c. 138 units

d. 200 units

e. 219 units

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93137128

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