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Solve different inventory control problems using an appropriate OR method.
Assume that an order quantity used is (m . q*) instead of economic order quantity q*. How many times will the incurred cost be increased (i.e., what is the ratio between the cost incurred by ordering (m . q*) items and the cost incurred by ordering q* items)? Take into consideration the holding cost and the ordering cost only.
The correct set of hypotheses to test the effect of the bonus plan, the difference between the t and z distributions
Standard deviations for first- and second-time and confidence interval
This model is fit to the data using the method of least squares using statistical software, and the following parameter estimates and their standard errors are obtained.
Subjects at both sites were classified as dropouts if they left the study before the conclusion, or completers if they finished the study
The accompanying two histograms represent the distribution of acceptance rates (percent accepted) among 25 business schools in 1995. The histograms use different class intervals, but are based on the same data. In each class interval, the left endpoi..
To determine if this is evidence that students perform worse under uncomfortable conditions, The P-value of a test
An advantage of the permutation test over the t test for a difference in means, can Permutation tests be used for tests when we believe the two populations differ under the null hypothesis.
Write introduction to SPC (STATISTICAL PROCESS CONTROL)? Describe the use of SPC tools used at D2D?
An experiment was carried out to assess the effects of four tomato varieties and four planting densities on yield. There were 64 plots, and each of the 16 factor combinations was randomly assigned to 4 plots. A partial ANOVA table
An experiment was conducted to determine the effects of three different pesticides (P1,P2,P3) on the yield of three different varieties of citrus tree (V1,V2,V3).
Would you expect the mean absolute percentage error to be more than or less than 0.25? Describe.
An old saying in golf is "you drive for show and you putt for dough." The point is that good putting is more important than long driving for shooting low scores and hence winning money.
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