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While Network optimization can be very detailed with sophisticated mathematics, sometimes working to get 100% precision and accuracy does not have a financial payoff due to:
1- the effort to move from 80% accuracy to 100%accuracy always decreases
2-the segment of the supply chain where you are Chasing the details, does not have a significant impact in the overall model
3-all good modeling software always have a tool to estimate the values you need for the model
4-there is always a shortcut Available to save time and model the data with selected Value
5- you can never get the model to 100% accuracy
Drew is an officer of Energy Fuel, Inc. Drew knows that an Energy engineer recently developed a new, inexpensive method for converting hydrogen into fuel. Drew takes advantage of this information to buy Energy stock from Gert and, after the discovery..
Why do breweries typically locate near their markets while wineries typically locate near their vineyards? Has technology changed any of this? The building of wooden ships, though a weight-losing activity, seems to take place in ports, far from their..
In relationships with a history, parties know the stands other have taken on various issues and the alternatives they have supported during precious discussions or decisions. Individuals come to expect some people to push for cautious or conservative..
A machine that produces a certain piece must be turned off by the operator after each piece is completed. The machine "coasts" for 15 seconds after it is turned off, thus preventing the operator from removing the piece quickly before producing the ne..
What does the role of perception, memory, and judgment play in our thinking process; What are the three principles behind all tools for directed creativity? Briefly discuss the two concepts: trans-disciplinary learning and creative problem solving. ..
The laundry firm that has the linen contract requires a 2-day lead time. The hotel expects a 98% service level to satisfy high guest expectations.
Suppose that the production function of a fictional economy is Cobb-Douglas with parameter alpha = 1/3. What share (fraction) of income does labor receive? What share (fraction) of income do capital owners receive? What happens to total output in per..
Post a clear and logical original post relating the mission and vision of your favorite company to the questions addressed in the audit checklist. Do your findings in the audit support the mission and vision of your firm? If your chosen firm is part ..
What are the motivational implications of organizations having reserved parking for certain members? What are the pros and cons of reserved parking from an expectancy theory perspective?
Examine two (2) primary causes of HR failure in multinational ventures. Provide an analysis that describes the manner in which each of these causes can be overcome by having the appropriate staff to manage and operate the business.
Identify and describe the types of intercultural conflict, giving examples for each. Identify and describe the benefits and challenges of intercultural relationships.
Which site should Tracy choose - If site D's score for Energy costs increases from a 3 to a 5, do results change - If site A's Weather score is adjusted to a 4, what is the impact? What should Tracy do at this point?
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