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Q. Class Discussion: Case “A Manager’s Dilemma: Who Gets the Project?” Students will respond to the following:o Explain the decision Dave has to make.o Explain how the dilemma should be handled.
the number of components the company should order, the frequency of ordering, the total annual cost of the inventory, expected value, return on investment, decisions under certainty, decisions under uncertainty, Decision making
Discuss the implications of service outsourcing on employees, stockholders, consumers and host country economy when a company outsource a call center oversees.
Explain the distinction between Prediction and Forecasting?, Why Forecasting is significant in decision making?, Define Delphi technique of Forecasting. What are the various decisions operation managers are called upon to make in the manufacturing ..
Consider the problem of operating a warehouse, by buying and selling the stock of a certain commodity, in order to maximize profit over four periods.
Corporation bases its predetermined overhead rate on the estimated labor hours for the upcoming year
The purpose of this assignment is for you to reflect on practical case studies and consider how these relate to the material covered in Foundations of Operational Research and Business Analysis.
If the arrival rate remains at 28 customers per hour and the stand’s manager wants to have the average time a customer spends in the system (i.e., wait time line and service time) to be a maximum of 6 minutes on average, then the service rate must
The total number of slots available in the zone, the total number of bicycles in the zone at the beginning of the period
How much of each product do you recommend be produced that you believe maximizes revenue? How much revenue would be made if they followed your recommendation?
Considering investing in Facial Laboratories. Assume that Facial is currently undergoing expansion and is not expected to modify its cash dividend while expanding for the next four years.
Explain about Decision analysis problem
Why are Control Charts important? What are the key steps from implementing Statistical Process Control and what are the benefits?
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