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1. How might Aggregate Production Planning (APP) benefit Wilkins? What are the risks of using APP at Wilkins?2. What constraints are most critical in the development of the aggregate plan at Wilkins? Why?3. Calculate the safety stock for PVBs for each quarter. (σQ1 = 1877, σQ2 = 3361, σQ3 = 3851, σQ1 = 1877 and σQ4 = 8154). Assume the formula SS = z σtL1/24. Create a APP that minimises costs.5. As Connors, would you suggest using APP?
A man is in the process of buying a new car. He has a choice of 3 engine makes, 7 body styles and 10 colors. How many different cars does he have to choose from?
In a standard normal dist. what is the prob. of getting a value less than 1.63? How about between 1.13 and 1.86? How about greater than .58?
The data results are based on serum continine levels for each group. The claim is that exposure to tobacco smoke (as second-hand smoke) corresponds to higher levels of cotinine.
If one runner is selected at random, what is the probability that this runner will complete this road race in less than 231.58 minutes?
Determine expectation of number of vehicles passing through this specified point in ten minutes.
What is an example of a directional alternate hypothesis? What is an example of a non-directional alternate hypothesis?
The life expectancy of Timely brand watches is normally distributed with a mean of four years and a standard deviation of eight months.
The probability that house sales will increase in the next 6 months is estimated to be 0.25. The probability that the interest rates on housing loans will go up in the same period is estimated to be 0.74. The probability that house sales or intere..
Evaluate a simple aggregate price index for 2004. Use 2000 as the base period - Estimating the simple aggregate price index.
Same survey showed that average length of time each store was in bbusiness is 6 years, with standard deviation of 25 years. Which is more variable, number of magazines or number of years.
Is there evidence of a difference in the variability of the waiting time between the two branches? (Use 5% level of significance). Find the p-value in (a) and interpret its meaning.
For each of the following statistical tests, state the null hypothesis and the two sided alternative hypothesis.
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