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Consider an irreducible Markov chain with n states {0,1,n} where the transition probabilities are: p_(i,i+2) = 1/2 and p_(i,i-1) = 1/2. Is this chain ergodic? If not, what is the period?
Calculate the financial impact of increasing order fill rates to 98 percent from 92 percent. Develop a strategic profit model of both the old system and the modified system that reflects the suggested adjustments.
From the list of "Project Pitfalls" listed below, select five. Prepare a written analysis of each Project Pitfall to include
What are two advantages and two disadvantages of hiring internal candidates for sales positions. What are two benefits of hiring people referred to the company by friends or relatives
Illustrates what are the components of procedural rationality and explain the general findings from research and best practices.
How are the situations for Ford and Google companies similar and different? What do you learn about strategy formulation from this comparison?
assume a firm has an average inventory of 50000 sales of 250000 gross profit of 100000 and net income of 25000. the
1 how does vaccine distribution relate to key operations and supply chain management questions including quality
A company's obligation is to be profitable- unprofitable enterprises can't afford to be socially responsible.' Discuss why you agree or disagree with this statement.
Customers arrive at a fast food restaurant with one server at a mean rate of 30 per hour. The server has just resigned, and the two candidates for the replacement are X (fast but expensive) and Y (slow but inexpensive).
The manager of a regional warehouse must decide on the number of loading docks to request for a new facility in order to minimize the sum of dock costs and driver-truck costs. The manager has learned that each driver-truck combination represents a co..
The specification for a plastic liner for concrete highway projects calls for a thickness of 3.0 mm 0.2 mm. The standard deviation of the process is estimated to be 0.02 mm. The process is known to operate at a mean thickness of 3.0 mm. What is the o..
Explain the purpose associated with the punishment that was imposed.
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