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Nittany Lion Inn (NLI) experiences a high influx of demand during the football season. Interestingly, there are quite a few no-shows for all the bookings made. To ensure that rooms do not go unsold during the primes season, resorts to overbooking. Rooms are booked for $200 a night. The number of no-shows is normally distributed with a mean of 50 and standard deviation of 15. If a customer with booking cannot be given a room, NLI reimburses them with cash equal to 50% of what they paid for their room, and makes arrangement for them to be housed in nearby hotel (XYZ) at no cost to them; XYZ however, charges NLI $150 per room. Optimally how many over bookings should NLI do?
Determine what kind of DNA mutation in a gene would result in the production of a shorter version of a protein missing amino acids in the middle of the protein
In a recent year, 11th grade New York public school students taking an English test produced test scores that were normally distributed with a mean of 81 and a standard deviation of 6. Let x be a random variable that represents a test score.
Construct a c-chart for test errors, and set the control limits to contain 99.73% of the random variation in test scores
For seedless vascular plants create a homosporous and heterosporous life cycle of a plant. Also label what structures are haploid and which are diploid as well as when meiosis and fertilization occur.
Judge whether marketing occurred in this situation and justify your conclusions. Appraise the effectiveness of government regulation in controlling markets.
Write about any topic in relation to Bishop's literature. Pursue something you are curious about - little secondary source criticism; or, it could be a little primary Bishop with a lot of secondary source integration.
20% of teenagers in a small town say they like reading news online. Suppose you randomly select 7 teenagers from the town and ask them whether or not they enjoy reading news online. Find the probability that at least 3 say they enjoy reading news ..
Propose one specific example of each type of strategy that you are considering and present your rationale (reasoning) for your strategy selections.
Identify two differences between the bacteria and protist kingdom. If you were testing the effects of different brands of fertilizer to detemine which one promoted best growth over six weeks.
Some observers say that maquiladoras allow U.S. companies to shift their unskilled jobs across the border while preserving the jobs of their skilled and knowledgeable workers in the United States.
Find out replacement chips for its product lines here is demand over past 12 quarters. Use decomposition technique to forecast 4 quarters of 2010.
WB wanted to purchase our company for 20% more than our estimated value. they would also employe me. what would you do? explain?
What are the six challenges facing managers in the workplace today? Each student is expected to discuss one of the major challenges
Because the corporation has little experience with either, set up like the other division sin a traditional hierarchy and production system, converting to total quality and JIT/ Lean little by little as time and experience permit
Determine the number of drives the manager should order each month in order to meet 85% of customer demand.
a local distributor for a national tire company expects to sell 9600 radial tires of a certain size and tread design next year
Identify a product offered within an industry. Using Macro-trend analysis from readings identifies, discuss also analyze macro-trends that may impact industry over next five years.
Indicate how the human resource management strategies of these companies might be similar or different. Provide a rationale for your conclusions using relevant concepts from the text and peer reviewed articles.
Holding costs are $2 per item per year and ordering costs are $30 per order. Illustrate what percentage of time will the facility be producing components.
Based on the calculation of estimated times, what is the critical path andwhat is the estimated time of the critical path and what is the activity variance
A drugstore uses fixed review period inventory system for many of the items it stocks. The manager wants a service level of 98%. The order interval is 2 weeks,
Groups mature over time, increasing their effectiveness and productivity. How would you describe the stages of group development, and what do you feel is the responsibility of a project team leader in fostering group development
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