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The manager of the Burger Doodle restaurant believes the time to fill orders at the drive-through window is too long. She suspects that the window cashier spends too much time making change, and she is considering using even pricing for most menu items to reduce the window time. She has decided to conduct a work sampling study to determine the proportion of time the cashier is making change. During a 3-day period the manager checked the cashier 150 times and recorded 84 observations where the cashier was making change. a.. How many observations should be taken if the manager wants to be 99 percent confident that her estimate is with 1 percent of the actual proportion of time the cashier is making change ? Z = (Note: If you are between two Z values, choose the largest) n = observations (round to 2 decimal places) c. Based on the time required to take the first 150 observations, how many days will be required to conduct this study? c) How could the manager reduce the number of days required to conduct the study in part b)
What do you think a court will decide here? If the company wants to comply with the FTC regulations on diet product claims, what language would need to change in the ads mentioned above?
Depend on the prices which have been computed, a net savings should be evident to allow for major or minor price savings for JVA Corp.
The work center makes products in batches ranging from one unit to one hundred units. Assuming capacity is not a limitation on either machine, on which batches should machine B be used.
ABC Corporation sells large industrial machines which have an inventory value of Php 1.5 million every. The Corporation expects to order 500 machines during the next calendar year.
1) Draw a project network 2) What are the critical values 3) What activity has the most slack time 4) Will the prokect be completed by September 1?
The item costs $50 when purchased in quantities less than 100 and $48 for 100 or more. Ordering cost are $40 and the carrying cost is 25 percent. Explain how much should the company buy each time an order is placed.
Densepack company produces disk drives for mainframe computers. The following information is given for optimizing their workforce level:
Carlson's machine center has a relatively long backlog and sets fresh schedules every 2 weeks, which do not disturb earlier schedules
CruBrew uses 100 bags of whole bean coffee every month. Currently, CruBrew has signed a year-long contract to purchase its coffee beans from a domestic supplier (DS), located in the USA
Elucidate how often (illustrate what percentage of time) is each service desk idle. Illustrate what is the probability that both service clerks are busy.
She also Tommy decided to use some of his inheritance to pay for an addition to house. He had some shares of stock transferred into Rose's name so that she could sell them when money was due to be paid. What Stocks are transfered.
Suppose Park Hyatt wishes to maximize expected profit rather than expected revenue. Illustrate what is optimal protection level for full fare.
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