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Distinguish between a general benefit and a specific benefit. Why do customers respond positively to specific benefits?
A wine company's daily demand is normally distributed with a mean of 18 bottles, and a standard deviation of 4 bottles. This company checks their winery's stock every 30 days.
Based on the concept of globalization, many businesses operate and compete in a global environment. Describe the additional factors that affect/impact global supply chains.
In this economy customer service has become one of the keys to survival. What is Wal-Mart and McDonald's and their approach to customer service.
Determine each alternative's break-even point in units. (Round your answer to the nearest whole amount.
Discuss this impact in terms of an organization with which you are familiar. Explain how does supply chain affect each of se comp1nts or does it.
Klein Industries manufactures three air compressors: small, medium, and large, which have unit profits of $20.50, $34, and $42 respectively.
On average, approximately how long customers spend in the service system (i.e., the time from first getting in line until they receive their doughnuts)?
A company makes products A and B from 2 resources, labor and material. The company wants to determine the selling price which will maximize profits.
If an extremely intelligent hacker is caught by a law enforcement agency, should that hacker be prosecuted and sent to jail?
Two types of cars (Deluxe and Limited) were produced by a car maunfacturer in 1997. Quantities sold, price per unit, and labor hours follow. What is the productivity for each car? Explain the problem (s) with labor productivity.
Formulate the problem as a linear programming model (i.e. define the variables, and write down the objective function and all constraints in algebraic form).
Illustrate what is the optimal total ordering cost per year vs. illustrate what is which cost with the current policy. Explain how would you Conclude whether the Store management should continue with this policy or not.
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