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Q. Review the Solving a Decision Tree lecture also use the same approach illustrated.
You need to choose between two gambles. In the first gamble you have a 30% chance of receiving $100, a 50% chance of receiving $75 also a 20% chance of receiving $20. In the second gamble, you have a 40% chance of receiving $80, a 40% chance of receiving $60 also a 20% chance of receiving $50. Draw a decision tree to represent the problem. Solve the problem by rolling back the decision tree.
Do you agree with relative importance of measures of voice of customer? Explain why these rankings are reasonable or provide counterarguments for a different ranking.
Mention the advantages and disadvantages of solving integer programming problems by a) rounding off, b) enumeration, and c) the branch and bound method.
Depend on the prices which have been computed, a net savings should be evident to allow for major or minor price savings for JVA Corp.
Compute the productivity ratios for the old also the new production systems. You have to report to the Operations Manager on the impact to productivity of your new process. Elucidate what will you report.
explain how will the rules of 21st century contracts change. Will they desire to. A new coffee shop is attempting to design the most optimal layout.
Decide whether the supply chain represents a low-cost, rapid response or differentiation strategy. Are the supply-chain characteristics significantly different from one product to another.
Compute the economic advantage of the alternative recommended by you in part a) above over the other alternative.
Find out in your organization an aspect of the operational process which could benefit from use of one or more of the given techniques: business or predictive analytics, dashboards, decision support systems and supply chain management.
Elucidate what are the conditions which would have to exist for driving a car which are analogous to the assumptions made when using exponential smoothing.
ABC Corporation sells large industrial machines which have an inventory value of Php 1.5 million every. The Corporation expects to order 500 machines during the next calendar year.
Illustrate what qualities does the restaurant chain require from its leaders. Does the restaurant chain require leadership. Illustrate what qualities does the restaurant chain require from its leaders.
You have been asked to update your general counsel on 5 major issues and challenges that may affect the contract the legal team needs to write before business can begin. You decide to prepare a presentation that focuses on different areas the team..
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