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Norrington Airport has begun to take in regional jet flights, and needs to expand its air traffic control facilities. It has received three proposals from different agencies for how it can proceed to modernize its facilities. Plan A will cost the airport a total of $325,200 at present capacity, but if the airport traffic increases by at least 160% it will actually net the airport $34,040. Plan B will cost the airport a total of only $126,000 at present capacity, and if the airport traffic increases by at least 160% the airport will make $65,700. Plan C will cost the airport only $96,000 to implement, but if the airport traffic increases by at least 160% the system will be over capacity and the airport will make only $12,800. According to present levels of demand, the chance that airport traffic will increase at least 160% once the new system is put into place is estimated at 72%. Create a payoff table and a decision tree for this situation. Calculate the best options using maximax, maximin, and equal likelihood criteria (ignoring the probabilities), and then calculate the expected value for each situation. Which choice should the airport make?
Elucidate how does this performance compare to practical worst case. Illustrate what would happen to throughput of line if we increased capacity at a non-bottleneck station also held WIP constant at its current level.
Please help with the following 2 questions. Please provide a separate answer and a reference for each. Q1. Discuss the strategic importance of layout decisions. How can a particular layout affect a company's strategic goals? Provide some specific ..
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a. Compute the labor productivity. b. Compute the multifactor productivity. Use both labor and overhead.
Mount Cedar Technologies. What type of culture the company should use to promote creativity. What type of techniques MCT should employ to motivate employees
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In the past, you have had problems with this individual's ability to meet deadlines on teams you have worked on. How would you provide constructive feedback to this person without causing any ill will between the two of you?
Identify the six different theories of police corruption. Explain which theory you believe best explains why police corruption occurs. Discuss steps that you as chief of police would take to reduce the potential for corruption in your agency.
Given the uncertainty associated with player demand, how should Reebok approach inventory planning for NFL replica jerseys? What should Reebok’s goal be? Should Reebok minimize inventory at end of season? Or maximize profits? Can Reebok achieve both?..
Give an example of a situation in which outsourcing had a positive impact on an organization or country or one in which outsourcing had a negative impact on the organization or country.
Prepare two lists to analyze the forces that have an impact on implementing quality improvement teams. One list should contain the restraining forces that are obstacles to implementing teams (e.g., lack of time); the other list should show the drivin..
What reasons could account for an organizations decision to implement a merger or acquisition strategy? How does an organization determine which of the two strategies to implement?
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