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Henrique's Correa's bakery prepares all its cakes between 4am and 6am so they will be fresh when customers arrive. Day-old cakes are virtually always sold but at a 50% discount off the regular $10 price. The cost of baking a cake is $6 and demand is estimated to be normally distributed with a mean of 25 and a standard deviation of 4. What is the optimal stocking level?
Assuming no other paths become critical, what action would you take to reduce the critical path 1 additional day? What is the total cost of the 2 day reduction?
Determines if benefits of free trade outweigh drawbacks also illustrate what could be done to address drawbacks.
This solution exemplifies how to select the correct constraint which is based upon the information given in linear programming problem. This is all addressed in under 50 words.
Suppose which daily usage is normal also which it has a standard deviation of 1.5 gallons per day. Elucidate what ROP is appropriate if the acceptable risk of a stock out is 2 %.
The Japanese firm Matsushita has a business philosophy from the strong founder Konosuke. This business philosophy was codified as the "Seven Spiritual Values" of Matsushita that all employees learn today.
For firms that have multiple locations that would like their professionals from different teams to be able to collaborate efficiently
Excelsior, Inc., makes water treatment machines for homes. These machines are referred to as EXCELA, also Excelsior, Inc. is trying to decide.
The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticpated mileage to be driven next year.
Modify the Hoosier Burger context-level data-flow diagram to reflect the changes mentioned in the case. Modify Hoosier Burger level-0 diagram to reflect the changes mentioned in the case.
Suppose you are opening a health insurance brokerage firm and want to market your services to small businesses with fewer than 50 employees
Elucidate how well is project doing in terms of priorities. If one of industrial engineers assigned to your project would be available to work on project from Aug 22-27, 2008. Illustrate what would you tell him.
Describe Mary's optimal decision strategy also its possible consequences utilizing the decision tree below. Do not forget to discuss the risks associated with the optimal decision strategy.
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