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Burger Prince buys top-grade ground beef for $1.00 per pound. A large sign over the entrance guarantees that the meat is fresh daily. Any leftover meat is sold to the local high school cafeteria for 80 cents per pound. Four hamburgers can be prepared from each pound of meat. Burgers sell for 60 cents each. Labor, overhead, meat, buns, and condiments cost 50 cents per burger. Demand is normally distributed with a mean of 387 pounds per day and a standard deviation of 54 pounds per day. What daily order quantity is optimal? (Hint: Shortage cost must be in dollars per pound.) (Round your answer to 1 decimal place.) Use Table.
Optimal daily order quantity = __________________
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Assume that the risk-free rate is 7.0 percent and the expected return on the market is 8%. What is the required rate of return on a stock with a beta of 1.4?
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Which of the following might require re-baselining of the cost baseline?
Develop your own worksheet for the PortaCom simulation model described in Section 16.1. Compute the mean profit, the minimum profit, and the maximum profit. What is your estimate of the probability of a loss?
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per norstrom supplies computer systems to a warehouse in rotterdam. he sells 16 systems a week. the cost of an average
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ACME is a wholesale footwear distributor that services varying sizes of customers for athletic footwear. In summary, ACMS's existing DC is at capacity with no room to expand and an expiring lease.
Draw the network diagram(AON Approach) - calculate the ES, EF, LS, LF, and Slack for each activity.
Provide an example where nonverbal feedback was used and describe the end result?
A project plan including: A schedule including project goals, a schedule, roles and responsibilities and deliverables. An implementation plan, including a Gantt chart of the process design for the Riordan electric fans.
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