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Skinner's fish market buys fresh boston cluefish daily for $4.20 per pound and sells it for $5.70 per pound. At the end of each business day, any remaining bluefish is sold to a producer of cat food for $2.40 per pound. Daily demand can be approximated by a normal distribution with the mean of 180 pounds and a standard deviation of 50 pounds. What is the optimal order quantity?
Unit I began the discussion on the five process groups of project management. List the five process groups and describe in detail each process group. Make sure to explain the purpose and function of each process group.
Why do supervisors fail if they are using a "textbook" technique? Explain using the scenes from the movie / show or your own personal life to enhance your explanation.
A property title search firm is contemplating using online software to increase its search productivity. Currently an average of 40 minutes is needed to do a title search.
1.explain the concept of continuous learning to include an understanding of the work systems relationship among jobs
Prospective employers can conduct a credit check along with a background check to determine employment eligibility. What are the five categories of supply chain processes? Explain each category.
A firm desires to control inventory levels so as to minimize the sum of holding and order costs. It costs the firm $50 to place an order. The firm estimates its annual carrying charge is 20%. What quantity of items should the firm order each time so ..
If not, how can failure be prevented? Is it important to avert failure? Why or why not?
analyze the challenges managers face to determine and discuss which challenge is the most difficult to address.
Suppose that a year has gone by, output is now just 1% above potential, and the inflation rate 1.5% over the year. What Federal funds rate should the Fed now set
Explain whether you agree or disagree. Describe how a different perspective from someone could cause issues and what could be done to create shared meaning.
Discuss and summarize the author's key points in the article titled "Conflict Management Strategies Used in Successful Family Business". The authors are Kenneth Kaye and Ritch L. Sorenson.
Project scheduling basically means providing milestones for the completion of tasks involved in a project. Do time, cost, and communication impact the ability of keeping a project on schedule? Explain your response.
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