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Weekly demand for tennis balls at The Raquet Club is normally distributed , with a mean of 35 cases and a standard deviation of 5 cases. The club gets a profit of $50 per case. a) Stimulate 52 weeks of demand and calculate the average weekly profit. Make all demand values integers in your model. b) What is the probability that weekly profit will be $2,000 or more?
Explain how have changes in technology affected our access to recorded music also the control exercised by traditional distributors. Explain how will all these changes affect cultural trends also our expectations of music as an art form? Offer sp..
Wiley estimates which this policy will result in a drop in demand to 36 VCR's per week. Order also holding costs will remain same. Should Wiley adopt this policy. Explain why or explain why not.
Setup times are negligible. If the policy variable for unforeseen contingencies is set at 5 percent, explain how many containers should Jitson authorize for the gear replenishment system.
Suppose your boss asked you to develop a scheduling plan for a project. Describe what approach you would take also the steps you would follow to develop the plan.
Give an example of a good decision you made that resulted in a bad outcome or an example of a bad decision you made that had a good outcome. Why was the decision considered good or bad?
Sell bonds from Part a rather than give m to their daughter also buy tax-exempt bonds that pay 6%. Assume bonds can be sold for an amount equal to their basis of $5,000.
Rivets used to secure the stainless steel sheet metal of aircraft wings are designed to withstand certain shearing forces. It is known that because of random variations in location the load on a rivet is Weibull distributed with a scale parameter ..
Elucidate how has structure of today's organization changed from organization of past. Illustrate what is most significant event in evolution of organizational structure. Defend your response.
Draw a diagram of the factory also find out the maximum rate at which the market can be served if all valves are set to maximum. Illustrate what happens to the system over time.
Elucidate what is the average cost per unit if the work force is maintained at a level so which overtime can be used to the maximum of 25% of regular hours during the peak period in period 5.
Explain how has technology fostered new cost effective virtual methods of training. Discusses explain how shift from labour intensive manufacturing to automation has affected product costing.
Explain how does culture affects the role of pay as a motivating force for employees. Would this issue be raised differently in the United States.
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