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Identify the correct distribution for this “Simulation” problem: An investment company interested in purchasing a parcel of prime commercial real estate wants to describe the appraised value of the property. The company expects an appraisal of at least $500,000 but not more than $900,000. They believe that all values between $500,000 and $900,000 have the same likelihood of being the actual appraised value.
a. Binomial
b. Triangular
c. Custom
d. Discrete Uniform
e. Continuous Uniform
Your company has an average annual inventory of $70 million. Its annual cost of goods sold (COGS) is $560 million. Order costs are $195 per order, and inventory carrying costs are estimated at 23%.
Evaluate how a change initiative creates the conditions of high efficiency for an organization through clarity and focus. What are the benefits of clarity and focus in change initiatives?
Your firm is considering opening a new factory via direct investment in Latin America and management is evaluating the specific country locations for this project. The pool of candidate countries has been narrowed to Honduras, Chile, and Mexico. Find..
The Lake Charles location would increase system transportation costs by $50,000 per year, the Houma location by $60,000 per year, and the Gulf Port location by $29,600 per year
Distinguish clearly between a marketing strategy and a marketing plan. If a firm has a really good strategy, does it need to worry about developing a written plan?
For the session long project, we will analyze the different OM perspective of an organization. You may choose from the following list
As a top executive, the only agency relationship I am concerned about is the one between myself and the firm's owners. I think that it would be a waste of my time and energy to worry about any other agency relationships."
Explain the following business structures: sole proprietorship, partnership, LLC, and a corporation. In your analysis address the following for each business structure:
question 1 a single ticket taker can tear tickets and direct movie patrons to their seats at a rate of 90 per
Rick wing has a repetitive manufacturing plant producing automobile steering wheels, use the following date to prepare for a reduce lots size , the firm uses a work year of 295 days ; Find the setup cost and setup time
What are the 2s control limits for the third model? Plot the error terms. What is your conclusion about the forecasting model?
Give your opinion after reviewing the scope planning and WBS documents prepared by the Just-In-Time Training project team. Do these examples seem too broad or too detailed in certain areas? Would you have developed the documents differently?
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