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To boost holiday sales, a jewlery store in Bismark, North Dakota is advertizing the following promotion: "if more than 7 inches of cumulative snow fall on December 14, 25, 26, 27, 28you get your money back on all purchases made on December 17." To analyze this promotion the store manager has collected data and determined that snow fall over this 5 day period in December is normally distributed with an average of 6 inches and a standard deviation of 0.559 inches. What is the probability that the store will have to refund the money to it's December 17 customers?
At what volume of output would the two locations have the same total cost?
The shoppers of a grocery store in a local area of a large cityoften spend $30 per week visit; they shop each year on a weekly basis (52 weeks/year); the grocery store has a 10% gross margin and a 20% customer defection rate. Calculate the value of a..
What is the difference between deliberate strategies and emergent strategies? How might emergent help with a future strategic planning process? In your opinion, what are the potential consequences of ignoring emergent strategies
If Ann dies during the period of the lease, what happens to the leased property?
Discuss the steps in the selection process for new employees. Evaluate why some potential employees are likely to be put through all the steps
you and your fellow operations department teammates have been debating which companies are the best examples of
Forrester and Cohen is a small accounting firm, managerd by Joseph Cohen since the retirement in December of his parnter Brad Forrester. Cohen and his 3 CPA's can together bill 640 hours per month.
AVALON Cosmetics sells door-to-door cosmetics much like Mary Kay. Women work as independent contractors for commissions and bonuses. Total company revenues have fallen 5% for each of the past two years! Customers report that they are highly sa..
Our main topic for this week is corporate culture. Every organization adheres to certain cultural values. Sometimes they are obvious, sometimes not. Frankly, some values are good and some are not. Can you identify and comment on organizational values..
Jenstar had secured a contract from the U.S. government to manufacture a missile retrieval system. The contract required that Jenstar provide a qualification report showing that the system was tested and met all the government specifications. Before ..
Assess the degree to which companies like Apple might be affected by such ethical relativism in the countries in which their suppliers operate.
Calculate the economic order quantity (EOQ). What is the average time, in weeks, between orders if lot size of the EOQ is used. Find the safety stock and reorder point that provide a 96.5% cycle-service level. Hint: use standard normal distribution..
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