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Teddy Bower is an outdoor clothing and accessories chain that purchases a line of parkas at $10 each from its Asian supplier, TeddySports. Unfortunately, at the time of order placement, demand is still uncertain. Teddy Bower forecasts that its demand is normally distributed with mean of 2,100 and standard deviation of 1,200. Teddy Bower sells these parkas at $22 each. Unsold parkas have little salvage value; Teddy bower simply gives them away to a charity. a) What is the probability that the demand of the parka is greater than 1,800 units? b) What is the probability that the demand of the parka is between 1,800 and 2,500 units? c) How many parkas should Teddy Bower buy from TeddySports to maximize expected profit? d) If Teddy Bower wishes to ensure a 98.5 percent in-stock probability, how many parkas should it order? For parts e and f, assume Teddy Bower orders 3,000 parkas. e) Evaluate Teddy Bower’s expected profit. f) Evaluate Teddy Bower’s stockout probability.
Develop a business model for an EMS system looking at current mobile integrated health (MIH) programs (ideally in your state).
Develop an executive summary of your organization's (or one you know well) annual marketing plan.
Explain to Juan the two theories used to prove discrimination and what is needed to prove them.Explain the shifting burdens of proof that are involved in each theory. Show what facts will help each party meet their burden of proof.
How will project communications and interactions work between the project manager, the stakeholders and the project team?
Below are cost and activity data for a particular cost over the last four periods. Your boss has asked you to analyze this cost so that management will have a better understanding of how this cost changes in response to changes in activity.
Question 1: Describe a time when your job satisfaction was impacted by communication. Question 2: What were the circumstances that caused a change in satisfaction? Where do you think the issues were in the communication process itself?
An October 15, 2004 article by Scott Wyman in the South Florida Sun-Sentinel included the following information on salaries awarded in the county:..................a.
1. Critically evaluate the different approaches to the idea of engagement, namely ‘work engagement' and ‘employee engagement' (Purcell 2014). Which approach do you prefer and why?
In the language of Management Consulting the term "Intervention" refers to a proposed action that is designed to address some organizational dynamic for the better.
How might the three concepts from expectancy theory (expectancies, instrumentality, and Valence) be used to increase the motivation of these new employees?
Compare two types of addiction--one that is substance-related and one that is not substance-related, such as food, work, sexual, or gambling--that currently affect society. How does the addiction affect, from a neurobiological and physiological vi..
Define the strategic nature of employee training and development
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