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Why wouldn't a company always store large quantities of inventory to eliminate shortages and stockouts?
When using safety stock, how is the standard deviation of demand during the lead time calculated if daily demand is normally distributed but lead time is constant?
How is it calculated if daily demand is constant but lead time is normally distributed?
How is it calculated if both daily demand and lead time are normally distributed?
How long will it take for an investment to double at a 4% per year simple interest rate?
When quantity supplied increases at every possible price, we know that the supply curve has
Using the normal approximation to sample sample count given in the formulae above, find the approximate probability that 30 or more people in the sample
Do you include a requirement for the winning contractor to provide a warranty? Why or why not? What are some considerations?
Two firms are ordered by the federal government to reduce their pollution levels. Firm A’s marginal costs associated with pollution reduction are MC = 20 + 4Q. Firm B’s marginal costs associated with pollution reduction are MC = 10 + 8Q.
According to Coontz, what is most distinctive about the current period in history in the western world compared to most others in terms of the role of marriage in society?
In the United States or Canada? How did it affect the real wage of skilled labor in Mexico? In the United States or Canada?
Suppose that the U.S. the demand for phones is given by P=700-Q that the supply is given by P=200+Q. In Korea suppose the demand is given by P=600-Q and supply is given by P=50 + (Q/2).
Of the discounts rates suggested in parts A and B, which one would be of more use in real-world decision making? Why?
"When in Rome, do as the Romans do". Would this be a suitable guideline for MNC's (multinational corporations) doing business in developing countries with respect to ethical practices and social responsibility? Discuss.
One is able to use Gin (G) and Vermouth (V) to produce martini. A regular martini is produced with 2 portions Gin for 1 portion Vermouth
Claim is the alternative, reject the null and cannot support claim as p-value (0.038) is greater than alpha (0.08)
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