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Grateful Fred sells souvenir T-shirts at rock concerts. The shirts arc specially ordered with the city and date of the concert, so he cannot take them to another city after the concert. He buys the shirts for S15 each and sells them for $35 before and during the concert. He sells any remaining shirts outside the concert grounds for $10 after the concert ends, and can usually dispose of all of them. For typical concert, demand is normally distributed, with a mean of 2, 500 and standard deviation of 200. How many shirts should Fred order?
Differentiate between the three major organizational forms. Examine the advantages and disadvantages of each form and discuss some of the critical factors that might lead you to choose one form over the other.
In the order-up-to model the standard deviation of orders ...a) is higher than the standard deviation of demand.b) is lower than the standard deviation of demand.c) is equal to the standard deviation of demand.d) cannot be compared to the standard de..
what kind of industries does a localization strategy makes sense? Why? When does a global standardization strategy make most sense? Why?
Create a 10- to 12-slide presentation that reflects your research and planning. Be sure to explain the role of ethics in social media to this new hire. Use the notes section of each slide to add detail to your presentation
Draw a decision tree. Then analyze it to determine the expected payoff for each decision and event node. Which alternative (purchasing the IT system, hiring engineers) has the better expected payoff?
A small company has $4 million in (annual) revenue, spends 48% of its revenues on purchases, and has a net profit margin of 2.75%. They would like to increase their profits and they are looking at focusing in one of two directions. By how many dollar..
List three categories of incentive pay plans. Explain the advantages and disadvantages of each, and give an example of how one of them can be effectively used
Identify the differences between deductive and inductive arguments. Additionally, explain how misleading reasoning is used to influence others.
The concept of "social responsibility"
Briefly research and share a company who you feel “gets” supply chain management. Explain why they are successful in this marketing effort. Your post should discuss the details regarding supply chain management strategies used by the company, and tho..
Given the multibillion dollar size of the corporation and the fact that it is a conglomerate with a very diverse portfolio of companies in varying industries, the CEO whom you report to has already given you permission to hire a staff of recent MB..
Below are three statements that are often used to describe the environment of a matrix. Do you agree or disagree? Decision-making in a matrix requires continual trade-offs on time, costs, technical risk, and uncertainty.
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