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Q. Illustrate what is probability that demand will be greater than or equal to a given inventory level (P) such that (or where) expected marginal profit will equal expected marginal loss? Given: Marginal Profit (MP) is $90 and Marginal Loss (ML) is $50.
Q. Explain why proper operations strategy keep changes for companies that are world-class competitors
Briefly describe DIMCO's supply chain, What are the advantages that DIMCOO can gain by implementing supply chain management?
Each burger assembler can assemble a burger in 30 seconds. It takes the cashier 6 seconds to collect payment. Illustrate what is the capacity of the hamburger restaurant in customers per minute. Illustrate what is the bottleneck.
Describe how would waiting time change if the Corporation decides to limit all rentals to exactly 72 hours. Suppose which if such a restriction is imposed, the number of customers requesting a phone would be reduced to 20 customers per day
The Corporation's market research department advises the Corporation to use at most 90% of the advertising budget on television ads. Describe how should the advertising budget be allocated to maximize the total audience.
Managers at Acme Explosives supervise workers closely also use rewards also punishment to control their behaviour. Acme is a (n) Elucidate what kind of organization.
your information mart and 5 indicating that the dimension offers the lowest value and does not desire to be in your information mart. Which variables would you choose if your information mart could only contain 10 dimensions.
Compute the economic production quantity. Compute the annual minimum total cost. How many working days does each production run take? What is the level of maximum inventory? What is the cycle time.
In this 350 word response with references, circumstances in which objective function is more significant than constraints is discussed. The opposite is also discussed.
The dean of the Western College of Business must plan school's course offerings for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 20 graduate courses in the term.
Graphically decide a daily production plan that minimizes the cost of meeting Leary Chemical's daily demands.
Management wants each employee to learn several jobs so that the production group can be more flexible. Describe one type of reward system that would best motivate employees to learn several jobs and identify a potential disadvantage of this rewar..
Describe the roles of and relationships among the strategy, architecture, systems and technology processes that should exist in a successful organization's IT function.
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