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Is it worth reallocating resources so that large orders wait an average of 0.3 weeks while small orders wait an average of 0.7 weeks before being processed?
You've just been made a manager in Sweden, known for its institutional collectivism. What incentives and reward structures would you use to motivate your employees?
Nobel laureate economist Milton Friedman said that companies should focus on maximizing profits, not social responsibilities or purposes. Do you agree with this view? Why or why not?
You produce a total of 900 units in OKC and STW but your demand is 1350. So, you have to make a decision where to establish a new factory that can produce the remaining required units.
Determine the number of each type of flashlight Right-lite should manufacture to maximize profits based on current constraints. Provide suggestions on how to further increase profits.
Construct the table of conditional profits. How many copies should the bookstore stock to achieve highest expected value?
The total annual labor costs allocated to the assembly and shipment of entry-level cameras and the labor costs per entry-level camera assembled and shipped, respectively, will be?
You are working on a calendar year basis and give all raises on january 1. your market position at the beginning of the new plan year is 4.0% below the market.
A manager must make a decision on shipping. The shipper the manager's company is contracted to use offers 2 day and 7 day delivery.
An anti-smoking campaign showed autopsies of people who have died of lung cancer. The campaign seemed to have little or no fear effect on the rate of teenagers taking up smoking. Why?
Alan Bissell, a market analyst for City Sound Mart, is analyzing sales of heavy metal CD's. Alan's dependent variable is annual heavy metal CD sales (in $1,000,000's).
Evaluate the risks to Plastic Dollars of programmed threats. What are the potential direct and indirect costs associated with these risks?
If the company sells at a price of $25, how many units of product have to be sold in order to break even? [algebraic approach only]
If the expected demand for the new miracle cleaner is 300,000 units, what would you recommend that Henri Manufacturing do?
Write down another constraint that guarantees for every barrel of jet fuel, at most three barrels of gasoline are produced.
After installing a new process, the defect rate has been reduced to 5%, while output has remained the same. What is the percent increase in productivity due to installing the new process?
So far, David's workload has varied from 50 to 200 shirts a day. How long would it take to break even on the new press at the low-demand estimate? At the high-demand estimate?
Construct cash flow diagrams for each business. Use the analysis techniques covered in class to compare the business and provide Jack with some useful feedback.
Determine the holding cost assuming that excess demands are back-ordered. Determine the holding cost assuming that excess demands are lost.
If I-mart desires a cycle service level (frequency of no stock-out) of 95%, how much safety stock should the Chicago DC carry?
During rush hour, demand exceeds capacity and long lines form. Does it make sense to add a pizza assembler? Why or why not? Please limit your answer to 2-3 sentences.
Calculate the MAD, the MAPE, the MSE and the tracking signal for Forecast 1. Calculate the MAD, the MAPE, the MSE and the tracking signal for Forecast 2.
When corporations release earnings, they often include the prior year's numbers a well as the current year's. Often, the numbers are translated into percentage terms.