Need business and finance help with Stockout risk- assume normality
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Business Finance
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The injection molding department of a company uses an average of 30 gallons of special lubricant a day. The supply of the lubricant is replenished when the amount on hand is 170 gallons. It takes 4 days for an order to be delivered. Safety stock is 50 gallons, which provides a stockout risk of 9%. What amount of safety stock would provide a stockout risk of 3%? Assume normality.
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Build a table with approximate costs associated with each of the elements in the company’s current environment.
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Weigh the tangible costs and the intangible improvements that the new technology will bring to the organization using a narrative format and contextual reasoning.
Create a justification for the solution using the intangible elements the solution will provide.
Explain how these elements have a significant impact on the organization, employees, and customers.
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Visual Representation of Data
Details:The purpose of this assignment is to use pivot tables and pivot
charts to aggregate data and to explain the process used for data
aggregation.For this assignment, you will use the "Claims 2" dataset. Use Excel pivot tables and pivot charts for this exercise.Part 1:Create a dashboard describing the data by age group (e.g., 21-30 yrs,
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include the graphs and charts listed in the locations described. The
dashboard should be a separate tab in Excel that only includes the five
items below. A sample layout is provided below the dashboard
description.Top Left: Bar graph showing the average number of
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values above each bar.Middle Left: Bar graph showing the average number
of procedures for each of the five age groups. Show the actual average
values above each bar.Bottom Left: Bar graph showing the average claim cost for each of the five age groups. Show the actual average values above each bar.Top Right: Pie chart showing the percent of the
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actual percent values of each slice.Bottom Right: Line graph showing the percent of
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values of each group. To create this chart, first create a new
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Watch Play VideoTask: Submit the lessons learned activity from Activity 2
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Most Popular Content
3 pages
Lab 2 2 Two Step Verification Paper
Technology has evolved for many years with new technological innovations emerging every year/month or daily. The emergence ...
Lab 2 2 Two Step Verification Paper
Technology has evolved for many years with new technological innovations emerging every year/month or daily. The emergence of technology has led to ...
CSFU Dargeangrix Business Buying Over Outsourcing Question
In this assignment, you will construct a justification for the purchase or outsourcing of the technology you would recomme ...
CSFU Dargeangrix Business Buying Over Outsourcing Question
In this assignment, you will construct a justification for the purchase or outsourcing of the technology you would recommend as the solution to the video communication problem described in your Week 3 What It Takes to Be a Champion of Change Video Presentation discussion. Conduct an internet search using the key-word phrase “video conferencing solutions” to identify a solution that might fit the company’s needs.
Using the elements you identified in the DaregeanGrix scenario for justification,
Build a table with approximate costs associated with each of the elements in the company’s current environment.
Some of these should be actual (tangible) costs and some should be implied (intangible) costs (e.g., customer satisfaction, employee satisfaction, efficiency, etc.).
Weigh the tangible costs and the intangible improvements that the new technology will bring to the organization using a narrative format and contextual reasoning.
Create a justification for the solution using the intangible elements the solution will provide.
Explain how these elements have a significant impact on the organization, employees, and customers.
Remember that your goal is to be able to justify a possible investment using intangible benefits in a new technology in which there is little in the way of traditional return on investment (ROI) to lean on.
The Value of Intangible Benefits assignment
Visual Representation of Data
Details:The purpose of this assignment is to use pivot tables and pivot
charts to aggregate data and to explain the proc ...
Visual Representation of Data
Details:The purpose of this assignment is to use pivot tables and pivot
charts to aggregate data and to explain the process used for data
aggregation.For this assignment, you will use the "Claims 2" dataset. Use Excel pivot tables and pivot charts for this exercise.Part 1:Create a dashboard describing the data by age group (e.g., 21-30 yrs,
31-40 yrs, 41-50 yrs, 51-60 yrs, and 61-70 yrs). The dashboard should
include the graphs and charts listed in the locations described. The
dashboard should be a separate tab in Excel that only includes the five
items below. A sample layout is provided below the dashboard
description.Top Left: Bar graph showing the average number of
ER visits for each of the five age groups. Show the actual average
values above each bar.Middle Left: Bar graph showing the average number
of procedures for each of the five age groups. Show the actual average
values above each bar.Bottom Left: Bar graph showing the average claim cost for each of the five age groups. Show the actual average values above each bar.Top Right: Pie chart showing the percent of the
total sum of all claim costs for each of the five age groups. Show the
actual percent values of each slice.Bottom Right: Line graph showing the percent of
each age group that has one or more ER visits. Show the actual percent
values of each group. To create this chart, first create a new
calculated column, named "Has ER Visit," that is equal to 1 when the
patient has had one or more ER visits; otherwise 0. HINT: The average of
a 0-1 column is a percent. Refer to the example in the resource "Visual
Representation of Data Screenshot: Preview of the Excel Dashboard."Part 2:Interpret the dashboard and the story it is attempting to tell users
by writing a 250-word summary that clearly describes the merits of each
of the charts used on the dashboard. For example, discuss why a pie
chart might be more appropriate than a bar graph for highlighting the
information you want key stakeholders to obtain by studying that content
on the dashboard. Include specific discussion about why each specific
chart is used to illustrate the data it represents.APA format is not required, but solid academic writing is expected.This assignment uses a grading rubric. Please review the rubric prior
to beginning the assignment to become familiar with the expectations
for successful completion.
Northern Virginia Community College Short Questionnaire for Lessons Learnt and Lessons Learned Paper
Best PracticesActivity 1: Investigate Lessons LearnedCapturing lessons learned is a critical aspect of every project for e ...
Northern Virginia Community College Short Questionnaire for Lessons Learnt and Lessons Learned Paper
Best PracticesActivity 1: Investigate Lessons LearnedCapturing lessons learned is a critical aspect of every project for every organization. We don't want to repeat errors in future projects, and we do want to document best practices. Read Schwalbe, chapter 10, Best Practices.Watch Play VideoActivity 2: Lessons LearnedOnce the deliverables have been provided to the client, it is important to analyze how the project went. Often a questionnaire is given to the client for feedback. This questionnaire should be designed to obtain constructive feedback about the project: what went well (best practices), what didn't - what should we do more of, less of, and what should be avoided in the future. You should consider technology that was used and its effectiveness, how communication occurred and whether effective, how much the client was involved and whether this was adequate. Design a short questionnaire for a lessons learned session. Schwalbe, chapter 9 (pp. 347-350) has an excellent example of a classic lessons learned document.Activity 3: Agile RetrospectivesAgile SCRUM includes a vital ceremony called the retrospective. This lessons learned exercise is conducted after each sprint/iteration to capture feedback from the team and the Product Owner that can be immediately put into practice in the next sprint/iteration. Note how the video in Activity 1 presents the lessons learned as a one-time even at the end of a project (or phase). Many months can go by where lessons are lost, not learned.WatchPlay Video.
WatchPlay Video
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Jinkosolar Energy
The Assignment must be submitted on Blackboard (WORD format only) via allocated Students are advised to make their work cl ...
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The Assignment must be submitted on Blackboard (WORD format only) via allocated Students are advised to make their work clear and well presented, ...
Strayer University Differences Between Base Pay and Variable Pay Discussion
Please view the following video in its entirety:https://www.youtube.com/watch?v=-XqfsfLiy90In the video, base pay and vari ...
Strayer University Differences Between Base Pay and Variable Pay Discussion
Please view the following video in its entirety:https://www.youtube.com/watch?v=-XqfsfLiy90In the video, base pay and variable pay are discussed. What are the main differences between each? How would you used variable pay to drive organizational performance? Be specific. *use one additional outside resource and cute the video
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