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A student taking Management Science 301 at East Haven University will receive one of the five possible grades for the course A, B, C, D, or F. The distribution of grades over the past 2 years follows: Grade: #of Students A 80 B 75 C 90 D 30 F 25 (assume the value of an A = 4, B = 3, C = 2, D = 1, F = 0) Answer the following: 1) what is the probability of getting a "C"?, 2) what is the Expected Value (or mean) of the distribution? what is the Variance of the distribution?
what kind of goals should you set for the company? Should you focus on finances, product development, or people? And should you have an overriding goal, or should you have sep
Explain how the value-process framework integrates the value chain and the five forces analyses. Identify the main reasons that favor 'make' decisions. Explain the concept of
What are the company's capital structure weights on a market value basis? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., 32.1616.)
In your opinion, what are the four major external threats facing PetSmart and the four major opportunities? Realizing the importance of quantification in stating key factors,
A producer of pottery is considering the addition of a new plant to absorb the backlog of demand that now exists. The primary location being considered will have fixed costs o
Consider the artists and their works discussed in our readings this week. Choose two works of art (by different artists) from our readings this week and discuss their similari
Determine a qualitative and quantitative forecasting method for your operation. Next, create a table in which you identify the characteristics of the operation that relate t
As lean production methods reduce changeover and setup times and thus enable smaller economic lot sizes and less work-in-process inventory, is the importance of quality incr
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