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The CTC phone company is a regional supplier of long-distance telephone services. CTC is trying to determine the optimal pricing structure for its daytime and evening long-distance calling rates. The daytime price applies from 8AM to 6PM and the evening price applies the rest of the time. With the help of a consultant, CTC has estimated the average demand for phone lines as follows:D = 6?00 5000+P 300P DEE = 40+0 600P? 2500P DEWe denote by D the hourly demand for daytime phone lines, by E the hourly demand for evening phone lines, by PD the day price, and by PE the evening price.Determine the maximal revenue that CTC can expect and the prices (day and evening) that generate the maximal revenue.
Cloris employs one sales representative at a salary of $40,000 per year. If Johnson reduces advertising budget by $20.000 she expects to 75 fewer units. Should he lower her advertising budget.
Can Julia delete one of the financial alternatives also still offer investment choices for both risk seekers also risk avoiders.
Discuss chaos in health care systems today. In addition, discuss the role of insurance and billing, HMOs, varying drug costs across borders
Dunstreet's Department Store would like to develop an inventory ordering policy of a 90 percent probability of not stocking out
Illustrate what is the earliest finish time for activity 10-11 (far right hand side), if the earliest start time of 8-10 (upper left hand side) is 12 also the earliest start time of 9-10 (lower left hand side) is 13.
Now suppose he says that if he is optimistic about the success of one project, he is likely to be optimistic about the others as well. For you simulation, this means that if on probability increases
Analyze the situation and determine what specific challenges that manager would face.
either defend social responsible pricing as a viable business practice or describe why you believe that social responsible pricing can lead to a company's demise.
The Central Valve Company sells industrial valves and fluid control devices. One of Central's most popular valves, the Western, has an annual demand of 6,000 units.
A transshipment center receives incoming trucks at its loading dock; on average, 1.2 trucks arrive each hour. There is currently a team of two workers at the dock, who unload each shipment in about 30 minutes. Each worker is paid $10 per hour and ..
Using random numbers of 0.1567, 0.9823, 0.3419, and 0.5572 also 0.7758 complete time requisite d for each of five simulated maintenance checks of airplane's landing gear.
Weekly demand for tennis balls at The Raquet Club is normally distributed , with a mean of 35 cases and a standard deviation of 5 cases
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