Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Rich Moore sells Christmas trees, which he grows on his farm on the Colorado western slope. Because bad weather and heavy snow is common in December, Rich has always harvested the trees that he intends to sell in a year by December 1. Rich has been selling trees for quite a while, and he’s kept detailed records of sales in previous years. He believes the average demand for trees is 600 with a standard deviation of 100 (normal distribution).
For the coming year, Rich will sell his trees for an average price of $65 each. His cost to grow and cut each tree is estimated to be $15. Any unsold trees at the end of the season can be sold for kindling wood at a price of $5 apiece, but he will have to haul the trees to the kindling processor for an additional $1 each.
$50 revenue
$6 per piece after season (how many pieces per tree??)
a. What is the optimal number of trees that Rich should harvest to maximize his profit?
b. What is Rich’s expected profit?
Describe the portfolio approach to IT projects. What are the advantages of this approach? Is this approach equally valuable for all sizes of enterprises? Is this a practical approach, or would you consider this to be largely academic?
The purpose of this plan is to identify and analyze the changes that will impact the team. This plan will offer suggestions and strategies for managing the change and will include a communication plan, activities required, and risk identification.
Select a store (independent, chain, multi-unit, etc.) of your choice that falls into the category assigned to you, and explain the factors that would be most important in its location. Convenience stores sell basically lower-priced, frequently-purcha..
Project Networking provides the necessary tools to monitor project progress. Considerable time and effort is expended developing successful project networks. Compute the project network sequence and proper timing to complete the project using an exce..
Assume that you will create the specifications for an automated project tracking system for the Training employees. One of the system's functions will be to allow project members to update or add names, addresses, email addresses and phone numbers of..
How might participation in a network be more beneficial for social entrepreneurship than participating in an interorganizational collaboration?
Assignment On Analyzing Religions, The US culture has a broad spectrum of religious affiliations and religiosity. As a result of interacting with people who share similarities, people seldom evaluate the main premises of other religions.
What are the main changes behind the U.S. trend toward reshoring, or reestablishing operations in North America?
The Lifang Wu Corporation manufactures two models of industrial robots, the Alpha 1 and the Beta 2. The firm employs 5 technicians, working 160 hours each per month, on its assembly line. Management insists that full employment ( that is, all ..
Entrepreneurs often like to focus on the new product or service they are offering. Why is it important to think more broadly than this? What else do we need to consider?
Instead of worrying about job satisfaction, companies should be trying to create environments where performance is enabled. What do you think this statement means? Explain. What is your reaction to this statement?
You need to give a training to your company’s management on employee discipline. Go over the steps to your progressive discipline policy.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd