Defective orders in a fast-food restaurant

Assignment Help Game Theory
Reference no: EM1391437

Burger Doodle is a fast-food restaurant that processes an average of 680 food orders each day. The average cost of each order is $6.15. Four percent of the orders are incorrect, and only 10% of the defective orders can be corrected with additional food items at an average cost of $1.75. The remaining defective orders have to be thrown out.

Reference no: EM1391437

Questions Cloud

Explain constitutional due process and civil rights : Explain one of the following six areas in which police departments have in the past been found to be defective or deficient: constitutional due process, civil rights.
Calculate the overall proportion of tourists : Calculate the overall proportion of "tourists" (cars with out-of-state plates) and the standard deviation of proportions. Using limits, calculate the LCL and UCL for these data.
What is the fluid speed at a location : An incompressible fluid flows steadily through a pipe that has a change in diameter. The fluid speed at a location where the pipe diameter is 8 cm is 1.28 m/s. What is the fluid speed at a location where the diameter has narrowed to 4.00 cm.
Illustrate what factors might encourage or discourage shifts : Explain how might a industry's management decide whether it should continue to invest in current known technology or in new, but untested technology? Illustrate what factors might encourage or discourage such a shift?
Defective orders in a fast-food restaurant : Burger Doodle is a fast-food restaurant that processes an average of 680 food orders each day. The average cost of each order is $6.15. Four percent of the orders are incorrect, and only 10% of the defective orders can be corrected
Compute the average force the beam exerts on pile driver : Using energy considerations, compute the average force the beam exerts on the pile driver while the pile driver is brought to rest.
Why five stages in problem solving is effective : Explain in three to four sentences, in your own words, creative thinking. Describe in three to four sentences why using five stages in problem solving is effective.
Explain the common progeny : In Drosophila, a cross was made between 2-mutant flies, one homozygous for the recessive mutation bent wing and the other homozygous for the recessive mutation eyeless.
Explain how much do you imagine mcdonalds can let franchise : Explain how much do you imagine McDonalds can let franchise owners in international locations experiment before it risks losing the consistency it relies on for its competitive advantage?

Reviews

Write a Review

Game Theory Questions & Answers

  Increasing number of consumers in marketplace

An increasing number of consumers believe that they have to look out for themselves in the marketplace. According to a survey conducted y the Yankelovich Partners for USA Weekend magazine, 60% of all consumers have called an 800 or 900 telephone n..

  Estimate cost function

Suppose you are a potential entrant into a market that previously has had entry blocked through the government. Your market research has estimated that the market demand curve for industry is

  A supplier and a buyer, who are both risk neutral

A supplier and a buyer, who are both risk neutral, play the following game,  The buyer’s payoff is q^'-s^', and the supplier’s payoff is s^'-C(q^'), where C() is a strictly convex cost function with C(0)=C’(0)=0. These payoffs are commonly known.

  How many hands of full house are possible

A 5-card poker hand is said to be a full house if it consists of 3 cards of the same denomination and two other cards of the same denomination(of course,different from the first denomination). How many hands of full house are possible?

  Possible value of the sample mean

It provides a range of values, any of which is a good guess at the possible value of the sample mean.

  Evaluating nash equilibrium

Suppose two companies, A and B, that produce super computers. Each can manufacture the next generation super computer  for math or for chip research.

  Information to compute the events

You are given the information that P(A) = 0.30 and P(B) = 0.40 (a) Do you have enough information to compute P(A or B)? Explain. (Events A and B are mutually b) If you know that events A and B are mutually exclusive, do you have enough information..

  Distribution of the difference between means

What is the mean of the sampling distribution of the difference between means?

  Public relations intern realizations

A public relations intern realizes that she forgot to assemble the consumer panel her boss asked her to do. She panics and decides to randomly ask (independent) people if they will work on the panel for an hour.

  Steady state availability of the system

Calculate the reliability over a 37 hour period and what is the steady state availability of the system.

  How large a sample should be taken

For multiple sclerosis patients we wish to estimate the mean age at which the disease was first diagnosed. We want a 90% confidence interval that is 8 years wide. If the population variance is estimated to be 85 from previous research, how large a..

  Pertaining to the matrix game theory problem

Pertaining to the matrix need simple and short answers, Find  (a) the strategies of the firm (b) where will the firm end up in the matrix equilibrium (c) whether the firm face the prisoner’s dilemma.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd