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Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.95 per card, and the cost of printing is $0.40 per card. The company receives $4.10 per card sold. Since the cards have the current year printed on them, unsold cards have no salvage value. Their customers are from the four areas: Los Angeles, Santa Monica, Hollywood, and Pasadena. Based on past data, the number of customers from each of the four regions is normally distributed with mean 5,100 and standard deviation 515. (Assume these four are independent.)
What is the optimal production quantity for the card? (Round your answer to the nearest whole number.)
Judge whether marketing occurred in this situation and justify your conclusions. Appraise the effectiveness of government regulation in controlling markets.
Pick a company. Describe the switching costs that the company would incur if it began to phase out its current suppliers and pick new suppliers.
She tells you she believes which air quality in building is bad also would like something to be done. Elucidate how would you respond.
What is the maximum number of orders waiting to be packed? If we double the packing capacity (from 60 to 120 orders per hour), what impact does this have on your answers in parts b, c, and d?
what qualitative measure approach will most likely be used to accomplish this task?
A consultant has estimated the net present value of Theme Park's 2 alternatives under each state of nature of the planning board's decision as shown below.
Develop a material requirement plan for the next 7 weeks for Item B and C. Will any action notices be generated? If so, explain what they are and why they must be generated.
Can a factory be fast, dependable also flexible produce high quality product also still provide poor service from a consumer perspective.
Safety regulations require that the time between airplane takeodds will be at lteast 3 minutes. When taking off, the run time of an airplance ont he runwy is 45 seconds.
Describe how should we define "fair" compensation. Elucidate what tests/procedures would you recommend to an organization to determine whether the ways in which they compensate employees is "fair".
A souvenir retailer has an opportunity to establish a new location inside a large airport. The annual returns will depend primarily on the size of the space she rents and if the economy will be favorable.
Demand for the DeskPro computer at BestBuy is 1,000 units per month. BestBuy incurs a fixed order placement, transportation, and receiving cost of $4,000 each time an order is placed.
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