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Dragon Games Inc wants to introduce a new game machine with a new finish to attract the young players. It is considering three alternative processes, given below:
1. Set up to refinish the old boxes at a cost of $800. This will result in material and labor cost of $1.10 per box.
2. The company might decide to set up for making major changes at a cost of $1100. This will result in material and labor cost per box of $0.70.
3. Some propose to purchase a new upgrading equipment at a cost of $1800. This will require a cost of $0.40 per box.
a) Draw a graph depicting this dilemma the company is facing. Indicate the points of indifference among these options. You must use proper scale.
b) Calculate these points of indifference (or crossover). Show the equations representing the decision.
The guidance system of a ship is controlled by a computer that has three major modules. In order for the computer to function properly, all three modules must function. Two of the modules have reliabilities of .91, and the other has a reliability ..
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When setting prices, business owners should automatically match or beat the competitors. Non-price competition is using personal service, free delivery, and other extras to attract and keep customers without changing prices.
Part of a strategic staffing plan includes staffing procedures for measurement that support reporting requirements and the resource needs of the organization.
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An emergency room at a hospital wanted to understand and better control the waiting time for patients. To do this they constructed ?x and R-charts by sampling the waiting times of the first five patients admitted to the ER at the beginning
Discussion on why a company would recontact respondents of the marketing research interview. Includes reasons why and if this must happen each time the interview is conducted.
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