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On a given flight there are 200 seats. Suppose the ticket price is $475 for each seat, and the number of passengers who reserve a seat but do not show up for departure is normally distributed with mean 30 and standard deviation 15. You decide to overbook the flight and estimate that the average loss from a passenger that will have to be "bumped" (if the number of passengers exceeds the number of seats) is $800 (in addition to refunding the original ticket price). What is the maximum number of reservations that should be accepted?
Stan Weakly can sort a bin of 100 letters in 10 minutes. He typically receives 600 letters an hour. A truck arrives with more bins every 30 minutes. The office uses a safety factor of 10%. How many kanbans are needed for the letter-sorting process?
You may pick out one topic or several topics to discuss Traits of Best Supply Chains. The initial post must include in text citations and a reference list.
Write a paper in which you address the following hypothetical business scenario: Amanda and Phillip have recently married, both age 30. They live on a modest income and have $30,000 in a joint bank account. Theyrecently purchased a condo together. So..
the ceo expects you to be providing a number of various logistics reports and recommendations to her. she has asked you
Discuss a time at work, home, or school when you attempted to communicate with someone who failed to pay attention and/or continued to misunderstand. How did you feel?
International Standards on Auditing are established by the, The general group of U.S. generally accepted auditing standards includes a requirement that, Which of the following best describes what is meant by U.S. generally accepted auditing standards..
How would you respond if someone told you that workers are only motivated by money? What are some motivations for work according to the Christian worldview?
Accident investigation results from the US Air Boeing 737 accident at Pittsburg, PA: a similar accident at Colorado Springs, CO, and several near-upsets involving Boeing 737's have suggested that the cause may be a sudden, un-commanded, full deflecti..
Taking a macro economic perspective, what is it important to understand about the distinction between developed and developing countries in terms of marketing? Use the American Marketing Association Web site as a reference for your initial post.
Elucidate how a race condition is possible also illustrate what might be done to prevent race condition from occurring.
Consider a single-line, single-server waiting line system. Suppose that there is only physical space for 2 units in the system (one in line and one being served).
What are the most critical problems you face as a manager? What are the most critical skills needed to be a successful manager in your line of work? What are the major reasons managers fail in positions like yours?
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