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What tools can you use to be more persuasive? Give an example where you have persuaded a friend or a work colleague to agree with your perspective.
Orders arrive three days from the time they are placed. Daily holding prices are equal to five percent of the price of the beer. If he were to order 16 cases of Stein beer at a time, illustrate what would be the length of an order cycle.
The machines are expected to be used for 10 years, and any spare parts remaining at the end of the time can be salvaged at $50. If a shortage occurs
Determine the number of new hires that should begin the three-month training program each month and the number of current employees that should begin the two-month training program each month.
Determine the problem as stochastic dynamic programming problem. Specify phases, states, decisions and the optimal value function.
Alpha Products, Inc. is having a problem trying to control inventory. There is insufficient time to devote all its items equally. Here is a sample of some items stocked, along with the annual usage of each item expressed in dollar volume.
dimension of Service Quality addresses whether the employees generated customer trust and confidence
Management has formulated four questions or "Decision Problems" that should be answered. Four "Decision Problems" or questions are: Explain why are store revenues lower than previous years.
A private prisoner-transfer facility would lease for $50,000 per year, which the county is considering to lease. The country estimates it will cost $50 per prisoner to process the paperwork at this new location.
a sample of 150 individuals (males and females) was surveyed, and the individuals were asked to indicate their yearly incomes. The results of the survey are shown below.
Select one of the system development approaches (structured, information, engineering, and object-oriented) and give an example of a business process or problem that would use that approach.
AirJet Best Parts, Inc. is concerned regarding recent changes in its stock prices for the company and would like to determine the stock prices for key competitors.
What makes a constraint critical or active? Explain. Jim has used the theory of constraints to maximize the production of his active constraints and match the production rate in the rest of his facility to the bottlenecks
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