Made difference in managing disaster

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Reference no: EM132304298

1. Crowdsourcing is one aspect where social networking can be leveraged to enlist the public to help with a cause or a disaster, list 2 to 3 examples of how this powerful concept can aid in disaster management. discuss any recent disaster or instance where it was used and has made a difference in managing a disaster?

2. Students discover through a study that demand is distributed N(100,15). Each pastry costs $0.25 to produce and sells that day for $2.00. If they don’t sell all the pastries, each unsold pastry is donated at a revenue per item of $0.00. They estimate that a lost sale costs them the lost $1.75 revenue over the $0.25 to make the pastries. Make a recommendation to this group for an optimal strategy.

Reference no: EM132304298

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