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A payoff table is given asDecision s1 s2 s3d1 250 750 500d2 300 -250 1200d3 500 500 600
If the probabilities of d1, d2, and d3 are .2, .5 and .3, respectively, then what choice should be made under expected value?
What is the EVPI?
The cost of each unit is $10, the inventory carrying cost rate is 0.10, the cost of making a review and placing an order is $15, and the cost of backorder is estimated to be $30. Find the optimal quantity and period for this problem.
A T-Shirt Manufacturer has fixed costs of 125,000 dollars. She sells the T-Shirts for 10 bucks and has variable costs of 4 bucks per shirt. How many T-shirts does she need to sell to break even?
Enron hid debt in secret accounts. Johnson and Johnson removed all Tylenol from shelves when the integrity of the product was questioned. What business concept discussed in this course does this relate to?
What is the profit or loss for the mahcine over its lifetime assuming a best-case scenario? Assuming a worst-case scenario? What is the minimum production level needed to make the purchase viable (breakeven)? To make it past the MARR?
Should college athletes be paid? What are some advantages to paying college athletes? What are some disadvantages to paying college athletes? Which ones would you pay? Why?
Explain why is Williams Sonoma also its brand Pottery Barn experiencing slowed growth also financial difficulties. Illustrate what might the organization do to increase sales also improve its image.
Formulate the problem as a linear programming model (i.e. define the variables, and write down the objective function and all constraints in algebraic form).
What can you infer about each company's business strategy and organizational culture? How are these differences in strategic type likely played out in how each company manages human resources?
The standard deviation of the process was found to be 0.67. Determine the sample size.
The relationship between the organization and its suppliers or its customers is key in making decisions regarding locating a plant or facility. Such decisions are generally a strategic decision.
Have Google business model and strategy proven to be successful? Should investors be impressed with the company's financial performance? How does the company's financial performance compare to that of Microsoft and Yahoo? Please conduct financial ..
Illustrate what is the proposed project review and approval process at your organization including evaluation and selection criteria and is it effective.
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