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A souvenir retailer has an opportunity to establish a new location inside a large airport. The annual returns will depend primarily on the size of the space she rents and if the economy will be favorable. The retailer has worked with the airport concession commission, and has projected the following possible annual earnings associated with renting a small, medium, large or very large space:Size Good Economy Fair Economy Poor EconomySmall $70,000 $28,000 -$14,000Medium $112,000 $ 42,000 -$28,000Large $ 140,000 $42,000 -$56,000Very Large $ 420,000 $35,000 -$224,000a) What is the souvenir retailer's maximax decision?b) What is her maximin decision?c) What is her equally likely decision?d) What is her criterion of realism decision, using? = 0.8? e) What is her minimax decision?Do you have the excel file?
Competitive environment affects number also types of competitors marketing manager must face also how they may behave, how has this affect your career.
Spartan castings must implement a manufacturing process that reduces the amount of particulates emitted into the atmosphere.
From an organization/firm perspective, why are talent management, leadership, and change/renewal so critical in today's world?
How much does she need to invest each year at 5% compounded annually to meet her goal?
Burrito king would like to know the expected average time in the system, the average line length (in cars) and the average number of cars in the system (both in line and at the window)
What other avenues may better educate the general public on the role and scope of nursing as well as the changing health care system?
Subsequent precedence diagram reflects three time estimates for each activity. Evaluate: Expected completion time for each path also its variance.
A company is criticized because only 16 of 46 executives at a local branch are women. The company explains that although this proportion is lower than it might wish
Average arrival rate is 12 students per hour; also average service rate is 20 students per hour. Elucidate how many students, on average, will be waiting in line at any one time.
Describe the roles also responsibilities that organizational managers also leaders play in creating also maintaining a healthy organizational culture.
Provide one example of a situation in which it seems to be more important for a business to be ethical rather than lawful, and one example of a situation in which it seems more important for a business
A hotel is considering changing its waiting line system. In the current system hotel guests divide themselves equally between the lines that form in front of 4 hotel clerks
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