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It normally relies on departmental forecast and preregistration records to determine how many copies of a text are needed. Preregistration show 90 operations management students enrolled, but bookstore manager Curtis Ketterman has second thoughts,based on his intuition and some historical evidence. Curtis believes that the distribution of sales may range from 70 to 90 units, according to the following probability model.
Demand 70 75 80 85 90
Probability .15 .30 .30 .20 .05
This textbook costs the bookstore $82 and sells for $112. Any unsole copies can be returned to the publisher, less a restocking fee and shipping for not a net refund of $ 36.
A) Construct the table of conditional profits
B) How many copies should the bookstore stock to achieve highest expected value?
Explain how much of a leading edge do you think that organisations utilizing these tools also techniques in an integrated manner might gain from the point of view of corporate performance.
Contrast research comparing effective managers with successful managers. Illustrate what are implications from research for practicing managers.
Explain why she fears that supervisors will be biased towards making comp1nt in house, as they tend to favour retaining more work for their people. Illustrate what should Nancy Bush do.
Illustrate explain how you believe of a person will have to proceed in establishing herself as legitimate possessor of supervisory authority on unit also illustrate sources also forms of his authority that he can use it.
Nike faced a similar dilemma in Vietnam, where it was accused of paying less than a liveable wage ($1.60 per day). Illustrate what would you do as the Operations Manager.
Explain how will Bunny wac's structure likely need to change if it does begin developing its core battery technologies in-house.
Illustrate what are the major pros also cons of JIT also lean manufacturing systems. Illustrate what do they have to do with non value added or wasted activities.
Computer-Aided Design is one of the techniques used by Regal Marine in the manufacturing of boats. With the aid of examples, critically discuss FIVE (5) techniques that are important to the design of Regal Marine's product
Illustrate what are some of the staffing factors that could be contributing to this problem.
If you were a part of an Action Research dissertation with your peer and Without your knowledge which you were being observed as the participant in a study.
evaluation criteria during the procurement phase or after they have submitted their proposals/bids. Please answer in 120 words or less also cites url or references used.
Explain why is framing perspective important. Explain how does it help managers to understand better challengers and conditions they face.
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