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Photo-Max, a large photographic outlet, receives 5,000 collapsible tripods annually from Quality Photographic Suppliers to meet annual demand. The ordering cost is $15 per order, and the carrying cost is $0.50 per unit per year. Quality Photographic, building on its established reputation for on-time delivery, is interested in smoothing its own production processes and has initiated a new option for its customers. When an order is placed, Quality Photographic will ship one-third of the order every week for three weeks instead of shipping the entire order at one time. Weekly demand for Photo-Max over the lead time is 100 tripods.
a. Determine the order quantity and total cost for Photo-Max for each option and provide a recommendation.
b. Photo-Max has requested that the option to expand the delivery schedule be extended to five weeks of equal quantities believing that this would reduce total cost. Determine if this assumption is true.
Simple differential equation modelling the smoke layer depth (y) in a large atrium provided with dynamic smoke extraction system.
In a recent survey, we found that 70% of students in a sample of 100 believe that their online education courses are as good as or superior to courses that use traditional, face-to-face instruction. State the null and alternative hypotheses.
For the three vectors in Part 11, find the corresponding values of λ1, λ2, and λ3 and find a matrix E such that A2 = X E
the purpose of this paper is to develop a new linear programming for an aggregate production planning of flat panel
Megley Cheese Company is a small manufacturer of several different cheese products. One of the products is a cheese spread that is sold to retail outlets.
The steps in testing a research hypothesis. Comparing the means of two or more groups. Calculating the correlation between two variables
What are the decision variable, objective function and constraints. Mathematically formulate a linear optimization model.
a) What is the project's duration if only normal times are used? b) What is the minimum-cost schedule? c) What is the critical path for the minimum-cost schedule?
Find the probability density function.
Measure the quantities of the following items in the following drawing: Do not round the numbers in the middle of calculation. Write two decimal places to show the numbers used in your calculations procedures.
What is the value of P(10)? Is P(10) true? Let n and k be some integers with 0
Find the optimal strategy using each of the indicated pure strategies. Your values must be correct to within + or - 0.001 of the exact answers.
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