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The manager of a carwash must decide whether to have 1 or 2 wash lines. 1 line will mean a fixed cost of $6000/month and 2 lines will mean a fixed cost of $10,500/month. each line would be able to process 15 cars/hour. variable costs will be $3/car, and revenue will be $5.95/car. the manager projects an average demand of between 14 and 18 cars an hour. would you reccomend 1 or 2 lines? explain. also, the car wash is open 300 hours a month.
Cloris employs one sales representative at a salary of $40,000 per year. If Johnson reduces advertising budget by $20.000 she expects to 75 fewer units. Should he lower her advertising budget.
Why is it important for decision makers to understand differences between tangible also intangible resources.
What is the linear programming model for this problem? What are the boundary points of the feasible region?
What types of damages could Wendy recover? If Wendy sues Derek, in what state(s) could she sue, and in what court (federal or state) could she properly file the suit? If Paul sues Derek
Identify five forces which shape competition as described by Porter. Explain illustrate what is meant by term "competitive advantage". List three directional strategies.
Assume that the hamburger patties cost $1.00 a pound. What is the inventory turnover for the hamburger patties?
The manager is reluctant to specify a backorder cost because she feels that substantial goodwill is also lost. She is willing to state that 98 percent of the customer demand should be satisfied immediately.
The data for the last week follows: Day # of Non-conformities 1 2 3 4 5 5 10 23 20 15 Construct a 3 standard deviation c chart of non-conformities. Elucidate what the control chart tells you about the IRS telephone operators
Explain Physicians generate wealth by practicing medicine, not by developing cash management procedures or reviewing aging history databases.
What are the four processes that are essential for a strategic project management office to be successful? What results or characteristics must be the PMO achieve in order to have executives embrace its
Customers arrive at a suburban ticket outlet at the rate of 14 per hour on Monday mornings. This can be described by a Poisson distribution.
Promotion which I would like to run would be spelling of a 7 letter word. This promotion would be run over a period of 30 days. There will only one card per shoe dealt which will allow a random drawing of a set of pre determined letters.
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