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Toy Story: You are the owner of a toy stand in a mall and you need to decide how many units of a particular toy you will order to sell at your stand. You knowthat the demand will either be 20, 40, 60, 80 or 100 with equal likelihood. The unitcost of the toy is $4 and every unit you sell earns revenue of $10 per unit.Leftover units cannot be salvaged or re-sold and are worthless. You have onlyone opportunity to buy in anticipation of demand. Because the toys are shippedin batches, you must order in units of 20.a. For each combination of your choice (order quantity) and demandrealization, find your profit. Construct a decision table with the profits youfind.b. How many toys should you order to achieve highest expected profit?Hint: you only need to order one of the demand realizations. Hence, both thealternatives and the events are the same, namely the five possible demands. Theoutcome of any combination of your order quantity and the demand is your profit.
employee empowerment culture and penetration pricingwhat would be a good example that could be used to show from any
Identify three or more of the secondary sources of information available to REI? Develop a short analysis of the value of the secondary sources of information available to REI?
skills necessary to dicuss technical informationthis solution show the skills necessary to converse to technical
Supply Chain Strategies Select one manufacturing company from the Forbes list of The World's Most Innovative Companies. Describe at least three examples of how innovative supply chain management practices have contributed to this company's success.
Project Assignment is to prepare a paper on the learning you've acquired regarding the Cultural Environment of International Business.
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Create your own definition of corporate social responsibility (CSR). Who are the stakeholders in your current organization that should be involved in the planning and implementation of a CSR initiative?
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Name what is a system that requires an employer to automatically deduct income taxes from an employee's paycheck and send the deducted tax directly to the government.
There are several techniques used to solve decision - making problems. Describe the techniques used to solve problems under uncertainty. Which techniques results in an optimistic decision? Which techniques results in a pessimistic decision? Provide a..
Calvin uses fraud to induce Maria to potential to pay money in return for goods he has delivered to her.
From the case study, suggest short-term recommendations for the set of six jobs at the company. Support your recommendations.
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