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A grocery chain is considering the installation of a set of 4 self-checkout lanes. The new self-checkout lane setup will replace 2 old cashier lanes that were staffed by a cashier and bagger on each lane. One cashier mans all 4 self-checkouts (answering questions, checking for un-scanned items, taking coupons, etc). Checkout on the new lanes takes 2 minutes (customers bag their own orders) while checkout with the old lanes took only 45 seconds. In addition the electricity costs for both setups are $.05 per checkout while bagging (material) costs are $.10 per checkout with the old system and $.15 for the new system. The new lanes also require $100 in capital costs. Assume that the new lanes ar always in use for 8 hours per day (1 shift) and that a worker makes $10.00/hour. What is the multifactor productivity for each system?
Describe a possible mission for operations also some strategies that fit the ambulance service. Illustrate what is the probability that the project will be completed before the late-payment deadline.
Discuss how the research questions and hypothesis are developed. Describe the null and alternative hypothesis and how they support the research effort. Describe how the research effort will be measured and analyzed.
They plan to use this production line ten hours a day in order to meet forecasted demand of 900 units per day. The subsequent table describes the tasks necessary to produce this product.
A project to develop a county park has an actual cost in month 12 of $140,000, a planned cost of $190,000, and a value completed of $180,000
Barnes, the owner and operator of Blackacre, decided to cease farming operations and liquidate his holdings. Barnes sold fifty head of yearling Merino sheep to Billing and then sold Blackacre to Clifton
Formulate the linear programming production-mix situation. A model similar to the one on Slide 17 of the lecture slides of Week 14 is expected.
What is the role of research in the strategic marketing planning process? In your answer differentiate between qualitative and quantitative research techniques and the resultant data each generates.
Find one scholarly journal article reporting on one or more of the following techniques: business/predictive analytics, dashboards, decision support systems, supply chain management.
Elucidate how does percentage likelihood of a successful negotiation change over course of time. Use statistical data to inform plan also course of action department will take in this hostage situation.
At Rachel's hotel the CPOR is $40.00. Her Net ADR Yield averages 85% also her franchise fees average 5%. Elucidate what is Rachel's average minimum ADR sales point.
Evaluate Netflix's current strategy and determine if the strategy is sustainable. Identify a Netflix strength may be leveraged in the market place to ensure a competitive advantage
Identify the most appropriate sample selection technique to gather data for testing the hypotheses. What statistical test should you use to test this hypothesis using the data you will collect?
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