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Weekly demand for tennis balls at The Raquet Club is normally distributed , with a mean of 35 cases and a standard deviation of 5 cases. The club gets a profit of $50 per case. a) Stimulate 52 weeks of demand and calculate the average weekly profit. Make all demand values integers in your model. b) What is the probability that weekly profit will be $2,000 or more?
Identify three principles of leadership that you think would be most important to include in the training for supervisors in a customer care company.
Suppose Park Hyatt wishes to maximize expected profit rather than expected revenue. Illustrate what is optimal protection level for full fare.
Illustrate what is difference between independent also dependant demand in a McDonalds restaurant. Describe optimum preventive maintenance frequency for each of pieces of equipment if breakdown time is normally distributed.
Elucidate what is the minimum price the product could have been sold for to cover the unit cost, period expenses also overhead.
Compute the optimum ordering quantity for this item. Explain how many units of the item should be maintained as safety stock for 99% protection against stock outs during an order cycle.
A restaurant is faced with the challenge of communicating to its employees a significant change in service also style. Which method is LEAST effective for communicating this change.
An insurance company uses accompanying tasks to process paperwork. Forty claims need to be processed in an eight-hour day. Determine theoretical number of workstations.
Would you recommend that is claim is one for an intentional tort or negligence, and why? Which specific tort do you believe Cortland should pursue.
Compute raw material price also usage (quantity) variance also direct labour quantity variance for Milton Industries' key product. Illustrate what is maximum number of application per hour which can be handled by present configuration of process.
Explain how does consumer behaviour influence development of marketing mix. Explain how does consumer behaviour influence development of product features itself.
What do you think are the risks involved (to HR and the organization as a whole) if HR does not make this a priority and instead remains a purely task-oriented department mostly administrative in nature.
Discuss whether or not your organization has optimized these organizational resources for effectiveness also efficiency. Justify your position. Illustrate what quality control improvement tool distinguishes between the important few also trivial ma..
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