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List two factors and explain how they impact service companies location strategy.
Determine the sensitivity ranges for the objective function coefficients, using graphical analysis.
Construct a regrets table. What decision should be made using minimax regret?
Garden Variety Flower Shop uses 750 clay pots a month. The pots are purchased at $2 each. Annual carrying cost per pot are estimated to be 30 percent of the cost and ordering costs are $20 per order
Find the optimal order quantity, what is the reorder point and how often should an order be placed
Is currency fluctuation on either or both of your lists? If so, would your protection strategies be the same or different? Explain how you would protect against currency variation.
If the organization sells 10,000 mops at the product price of $25, illustrate what will be the contribution to profit.
Discuss several advantages of using the M/M/1 waiting line queuing model. Clearly explain the reasons for your choices.
A company produces 4 different products, A, B, C, and D. All products require time in up to 5 different processing departments.
What is the relationship between creativity, intrapreneurship, and innovation? Why are these elements vital to building a knowledge creating organization?
Suppose that the specifications for a part (in inches) are 6.00 ± 0.15, and that the taguchi loss function is estimated to be l(x) = 6,500(x-t)(squared).
What other sources of information can you use to effectively complete the SWOT Analysis? How can you check or cross-check the accuracy of some of the information?
Debt: Jones Industries borrows $600,000 for 10 years with an annual payment of $100,000. What is the expected interest rate (cost of debt)?
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