Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The Praha Kitchen Appliance Company (The Praha) is about to place its last order for a certain model of a refrigerator. This model will phased out in a few months and will be replaced by a new model. The Praha company buys these refrigerators from its suppliers at $600 each and sells them for $1000 each. However, after the new model comes out, The Praha compnay plans to lower the price of any leftover refrigerators to $500 just to clear them out. The Praha company is confident that it will be able to sell all its leftover refrigerators at this reduced price. The demand at the full price of $1000 has a normal distribution with mean 1500 and standard deviation 200.
1) How many refrigerators shoud The Praha order?
2) The Praha is concerned about the loss of goodwill from not satisfying customer full price demand that occures before the new model comes out. Suppose The Praha gives $100 to each customer who requests one of these refrigerators when there are none in stock. How many refrigerators should The Praha order?
3) How will the order quantity in part (1) change if the standard deviation of the demand could be lowered? How would be expected profit change if the standard deviation of the demand could be lowered?
Management Interview This assignment will assess the competency 8. Apply basic human resource management terms and concepts. Directions: For this assignment, you will interview a manager about their role regarding Human Resource Management (HRM). How..
Think of a crisis situation you are familiar with involving a group, team, organization, company, or a country and analyze it in terms of leaders and followers. For example, were the followers looking for a specific kind of behavior from the leader?
Identify one key factor you would advise your management to focus on in the organization's growth strategy. Consider, for example, how customer service could be improved. What specific tactics would you employ for your key factor during the short ter..
Summarize the main features of the ADA and include an example of a "qualified individual" and a "reasonable accommodation".
A manager with low focus and low energy would most likely
Is there anyone who has good experience with telecommuting? If so, what sort of challenges did you face? How would you supervise someone who is a telecommuter effectively?
When Harriet went away for the summer, Landry, a house painter, painted her house. He had a contract to paint a neighbor’s house but painted Harriet’s house by mistake. When Harriet returned from vacation, Landry billed her for $3,100, which was a fa..
Demand for Sharp disposable razors at Chevere Drugs averages seven packages per day. The razors cost Chevere $0.80 per package and sell for $1.49. Chevere uses a 20% annual holding cost rate and estimates the cost to place an order for additional raz..
One benefit (or drawback) of the Web is that it is global. Therefore, what may be legal in one country may be illegal in another. What are your thoughts on selling pharmaceuticals online? How about firearms? Child pornography? Most importantly, how w..
The customer wants 500 gallons of wine and it must contain at least 100 gallons of A and be at least 45% B. The customer also specified that the wine have an alcohol content of at least 12%. Wine A contains 14% alcohol while wine B contains 10%. The ..
Explain Non-negativity constraints - restrict the decision variables to zero. restrict the decision variables to positive values
it takes two hours to refill the container also return it to the bathtub. Illustrate what happens to the system over time.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd