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Video Store A small video store currently has 9 copies of the DVD I'm Number 4 in its store. There are 15 customers on average every day coming to the store to request this movie. If the movie is not on the shelf, they leave and go to a competing store without waiting. The average rental duration is 36 hours. Each rental is $5 (i.e., $5 per rental for the whole rental period, not per day). a) What is the probability that a customer going to the video store will find the movie available? b) How much revenue does the store make per day from this movie? c) Assume the demand for the movie will stay the same for a sufficiently long time. It costs $50 to purchase a copy of this movie. Suppose this video store plans to buy a new copy and then there will be total 10 copies of this movie. What will be the payback time for this $50 investment?
Demonstrate a specific example of Rationality using Decision Trees and demonstrate a specific example of Rationality using either a Payoff Matrix or Multivariate analysis
How do you handle this as the Marketing Leader? What is your plan. How do you handle this as the Director of HR?What is your plan. How do you handle this as the CEO?What is your plan.
Considering the concept of product life cycle, where would you put video games in their life cycle and should video game companies continue to alter their products to include other functions, such as e-mail
What two issues should be addressed in qualifying potential international suppliers? Why?
you decide to make the font size large enough so that a person with 20/40 vision will be able to read the letters displayed on the screen with your slides with 95% accuracy from 20 m away. What is the minimum width of the displayed letter strokes ..
The dealership has calculated that it costs $15 in overhead to place an order. Determine the EOQ (round to the nearest whole number).
Which of the following potential errors in performance appraisals has Laura committed?
Mars marginal tax rate is 40%, and it uses a 12% WACC to evaluate projects of this nature. The applicable depreciation rates are 20%, 32%, 19%, 12%, 11%, and 6%. If the machine costs $60,000,
Describe the importance of a project kick-off meeting, and what needs to be reviewed in that meeting. Describe a project kick off meeting you have attended or hosted
Daily demand for a product is 100 units, with a standard deviation of 25 units. The review period 10 days and the lead time is 6 days. At the time of review there are 50 units in stock. If 98 percent service probability is desired, how many units ..
You are the branch operations manager for a leading manufacturing company. The following are the bill of materials (BOM), Master Production Schedule, and Inventory Record Sheet for one of your products.
Determine what responsibility businesses have toward the environment and the impact it has on society.
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