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A construction-site project manager has three options for pouring the concrete foundation. The day before the concrete is poured, the weather bureau forecasts a 20% chance of rain. Calculate estimated values for each option.
Option I: Pour as scheduled with no protection. There is a $ 55,000 loss if it rains since the concrete has to be removed and re-done later.
Option II: Install a large tent to cover the site for $ 5,000. There is a 4% chance that the tent collapses in heavy rain, leading to removal and rework on the concrete and loss of the tent for $ 85,000.
Option III: Delay pouring foundation by two days. There are charges for reworking the concrete mixer rental and labor which amount to $ 25,000. There is a 6% chance of rain forecast for the delayed schedule. There is a $ 55,000 loss if it rains since the concrete has to be removed and re-done later.
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An analysis of the holding costs, including the appropriate annual holding cost rate.
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Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
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Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
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