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A product costs $20 and sells for $50. It has a salvage value of 4$ if it does not sell.
a) What is the stock-in and stock-out probability?
b) Assume the demand is uniformly distributed from 0 to 1,000. What is the optimal number of products to buy?
c) Given that you bought a number of products following b), what are the net profits if you observe a demand of 500?
d) Given that you bought a number of products following b), what are the net profits if you observe a demand of 1,000? What is the stock-out cost?
Consequently, the company ended up selling the CNC laser cutting machine for $150,000. Determine if the company obtained the expected after-tax rate of return on this equipment.
Modern Furniture Stores sells modern coffee tables. The expected demand for next year is 500 coffee tables. Tables are handmade in Seattle. The cost of ordering a set of tables is $500. In addition the average cost of storing a coffee table is 150 do..
What do you think constitutes reasonable accommodations for employees with mental illness? Please support your responses. cited and reference. Is there a place in the workforce for the mentally ill?
Discuss the best way to leverage a breakeven analysis when defining a business strategy.
Philo, a businessperson, is a friend of Quiana, the owner of Rise n' Shine, a coffee stand. Every day, Philo spends a few minutes at the stand, watching the brewing, considering the options, and usually buying a cup of coffee and something extra? If ..
Your boss, the chief executive officer (CEO), realizes that you do not have much practice in this higher level, decision-making process and has asked you to write a memo describing your understanding of how to make important decisions.
You manage inventory and ordering using EOQ for a retailer that sells a single product. The demand is d units per month. Your fixed order cost is f and you pay c per unit to your supplier. You calculate holding cost based on the variable order cost a..
What is the system capacity, and which is the bottleneck department. How much slack (unused capacity) is available in other departments
Design a freeway pavement structure in an urban area for 20 years. An initial annual traffic is 250,000 EASLs and no annual growth factor is considered during design periods. Assume that the reliability and standard deviation are 90% and 0.30, respec..
Describe two or three steps which Richard also Renee could take to avoid these stumbling blocks also guide their new business to success.
Develop quantitative analysis (QA) best practices that can be developed and implemented to increase revenues and/or to decrease costs for Newspapers and television networks due to less of advertisement.
In your own words - explain the value of using a Balanced Scorecard. Also - in your own words - explain the advantages of becoming a strategy focused organization.
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