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Supplier Bids: You company is contemplating bidding on an RFP (Request for Proposal) for 100,000 units of a specialized part. Why might the amount be more than the requestingcompany actually wants?
A network consists of the following list. Times are given in weeks. Calculate the probability that the project will be completed in less than 28 weeks.
Based on the concept of globalization, many businesses operate and compete in a global environment. Describe the additional factors that affect/impact global supply chains.
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?
Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. Lead time for each order is 3 days, and ..
A medical supplies company buys its supplies in bulk and redistributes them to doctor’s offices and clinics. The receive thermometers in lots of 15,000 from the vendor. They are considering a sampling plan of n = 100 and c = 2. Determine the producer..
What would be some examples of induction, deduction, argument and hypothesis from real life or from your professional life?
(a) Formulate an LP to maximise Dinoco's daily profit. You must list any assumption(s) you have made in your formulation. And, use Management Scientist to find the optimal solution.
Evaluate Zagat using the competitive forces and value chain models.
Share an example from your experience of process losses, production blocking or social loafing on any self-directed work team that you have been on. What was the impact on the team? What did YOU do about it? What did others do? What did you le..
Prices are often set to satisfy demand or reflect the premium that consumers are willing to pay for a product or service. Some critics shudder, however, at the thought of $2 bottles of water, $150 running shoes, and $500 concert tickets. Is the right..
Berkshire Hathaway is contemplating the issue of a very unusual bond. Known as a “Bizarro Bond,” the security will provide an annual coupon payment of $50. The yield to maturity on the bond is 4 percent and the maturity value of the bond is the stand..
With the evolution of mobile communications (e.g. smartphones and tablet computers) and warehouse automation and MHE, consider what warehouse job roles and tasks will exist in the future. How will they differ from today?
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