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Company must decide how many lots of chocolate muffin premix to order for its three stores. Information on pricing, sales, and inventory costs has led to the following payoff table, in thousands. Demand Order size Low medium High 1 lot 12 15 15 2 lots 9 25 35 3 lots 6 35 60
1-what decision should be made by the optimist?
2-what decision should be made by the conservative?
3-what decision should be made using minimal regret? Show the regret table.
4-assume that the payoff table provides cost rather than profit payoffs. What is the recommended decision using optimistic, conservative, and minimal regret approaches?
Please discuss different roles people play in work groups? Please share the role you predominantly played in project or work groups. Make this a very short answer
What are the steps to make up flow charts? Most flow charts are made up of three main types of symbol. • Oval shapes or elongated circles signify the start or termination of
For the linear program Max 3A + 2B s.t. A + B ? 4 3A + 4B ? 24 A ? 2 A - B ? 0 A, B ? 0 a. Write the problem in standard form. b. Solve the problem. c. What are the values of the s
Make to order - Operations Systems In this case, manufacture of the product does not commence until an order has been placed by the customer. In the best restaurants food is
Public corporations are led by CEOs and other upper-echelon leaders who, in turn report to shareholders and board of directors (BODs). Interestingly, even though the board overseas
In what ways if anywhere biases stereotypes or overt discrimination involved in this situation?
Discuss the value of marketing to the consumer, the stakeholder and stockholder. Address the following: a. the value you place on marketing b. the value of marketing to customers a
Briefly discuss each of the seven periods in the evolution of purchasing and supply management. What do you forecast for the future?
If your CEO asked you why she should invest more money in the organization's staffing systems, what would you tell her?
Strategic decision support Alignment of information technology and management goals in healthcare is essential. This alignment assumes that information technology experts be abl
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