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Inn at Penn has 200 rooms. For regular-fare customers, rooms are priced at $300 per night while the rooms are priced at $600 per night for the high-paying customers who generally arrive at the last minute. The demand for such high fare customers is distributed normally with mean 60 and standard deviation 25 (this standard deviation is high relative to the mean, but use it anyway). Assume that there is ample demand for regular-fare customers.
Suppose that Inn at Penn operates with the protection level of 80 rooms for high fare customers. On average, how many high-fare customers are turned away because of lack of rooms?
The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. Find the MAD based on the 2-year moving average
Which of the following warranties is created when the buyer relies on the seller to pick out the goods that the buyer requires to meet a stated need?
Which of the following does not relate to system design?
Your colleague recently observed you during a sales call and gave you some pretty important feed back. He said to watch out for "landmines". What did he mean?
What does the future look like for HCIT in terms of software development, education, research, and practices? What challenges could arise? Respond to at least two of your classmates' postings.
Bill is worried about competing toy stores gaining share during the Christmas buying season. He has seen many companies lose their share by failing to keep prices in line with the performance of their products. He would like to maximize the Game ..
What is the minimum number of cashiers the store must schedule to ensure that lines are not infinitely long? What is the arrival rate for the line?
Assignment on Supply Chain Design- Learning Team Reflection, What is the chase strategy, Identify 2-3 companies that might use the chase strategy
Dunstreets Department store would like to develop an inventory ordering policy of 95% probability of not stocking. To illustrate your recommended procedure, use as an example the ordering policy for white percale sheets
Summarize your background and what makes you unique (your competitive advantage/differentiation) in a one-paragraph elevator pitch. Identify three to four companies for whom you want to work (your target market and how you can fulfill its needs/wants..
(The pros of wearing PPE greatly outweigh the cons. Items such as hardhats, safety goggles, and earplugs can keep you protected from some very severe hazards. for example; hardhats protect from falling objects, goggles protect from hazardous material..
Identify the four popular approaches to departmentalizing. Specify which approach you would recommend for each of the following organizations: a. A retail hardware store b. A company that manufactures and markets Adirondack chairs. c. A company with ..
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