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The campus bookstore sells highlighters that it purchases. Cost per highlighter, including shipping and handling, is 40 cents. Revenue per highlighter is 85 cents. Any highlighters unsold will be freely given to the kindergarten on the campus. The bookstore has estimated that demand will follow the pattern below. Demand level Probability 600 units 20 percent 700 units 40 percent 800 units 25 percent 900 units 15 percent
a) Construct the bookstore's payoff table.
b) How many cases should the bookstore stock in order to maximize profit?
c) What would the bookstore’s manager be willing to pay for a forecast that would accurately determine the level of demand in the future?
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The shipping cost is $450 each time Sam purchases from the manufacturer. What is the average cost to hold the bookshelf in inventory (in $) for Sam?
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Assess that same manager’s communication weaknesses.
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Community stakeholders issues of concern include all of the following except. at a minimum, a coding book should include all of the following except:
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The systems model of organizational accidents is also referred to as the swiss cheese model. Why do you think this nickname for the model came to be? Talk about a time a work, school, or in your personal life where this model could explain a problem
Compute the labor productivity and the multifactor productivity for each unit. Use an eight-hour day for multifactor productivity Suppose a new, more standardized procedure is to be introduced that will enable each employee to process one addition..
Compare and contrast the natural environment and artifical environment as it pretains to aviation.
Prepare a project proposal of inventory control on medications in this assisted living facility to help correct this issue.
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