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A merchant wants to stock Christmas trees. She can place only one order per season. The merchant pays $30 for each tree and sells them for $80 each. She will incur an additional cost of $6 each for unsold trees that must be hauled to the landfill. If demand for Christmas trees is normally distributed with a mean of 365 trees and a standard deviation of 46 trees, how many trees should she order, to the next unit?
Will you provide me an example(s) of either types of problems: maximal flow, shortest route or minimal spanning tree? I need to get a better understanding on how to compute them.
Identify the appropriate production strategy and contracts for the supply chain for the Dell . Be aware that multiple strategies may be employed. If more than one strategy is used, be sure to discuss when the contract approach is used and why.
The variable cost would decrease $0.25 per unit. Volume for the new also improved product should rise to 50,000 units. Should the organization invest in the new equipment. At illustrate what volume does the equipment choice change.
Discuss the purpose of status review meetings, who should conduct them, and some of the procedures you should implement. Discuss how you’ve used status review meetings in the past and whether they were efficient and well attended. What are some thing..
Is this a global company? Which global operations strategy does it follow? What is the competitive strategy that they follow? How are they achieving this competitive advantage
Theory surrounding organizational authority states that subordinates will accept orders if which of the following conditions is/are satisfied:
Have You Been Influenced by a Leader? What organizational leader has had the most positive influence in your life, and why? How would you describe what this person contributes to your life in three words?
An electronics manufacturer is producing and selling the products. Prepare a minimum cost production plan for the company for the next 10 weeks.
An item is purchased in list of 2000 units. Its annual demand is uniform over the year at the rate of 18000 units annually. The replenishment lead time is constant at 0, 27 year. what is the reorder point in term of the on-demand inventory.
How can you use the normal probability plot to evaluate whether a set of data is normally distributed and what is the difference between a population distribution and a sampling distribution?
Cost planning starts with the proposal for the project, at which time project costs are estimated. And for budgeting purposes, it is best to keep the work packages or activities small in terms of scope and duration. What are some of the ways that a p..
Cress Electronic products manufactures compnents used in the automotive indusry. Cress purches parts for use in its manufactoing operations from a variety of suppliers.
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