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Every year in early October Steven King buys pumpkins of one size from a farmer in Maine and then hires an artist to carve bewitching faces in them. He then tries to sell them at his produce stand in a public market in Boston. The farmer charges Steven $2.00 per pumpkin and the artist is paid $3.00 per carved pumpkin. Steven sells a carved pumpkin for $8.00. Any pumpkins not sold by 5:00 p.m. on Halloween are donated to Steven's favorite children's hospital. Steven pays the artist $.5 per pumpkin to rush the pumpkins to the hospital for the youngsters to enjoy. Steven estimates the demand for his pumpkins this season to be uniformly distributed within a range of 40 to 80. a. How many pumpkins should Steven have available for sale? b. Based on your answer to (a), what is the probability that Steven will be short pumpkins?
Automobiles arrive at the drive-through window at the downtown Baton Rouge, Louisiana, post office at the rate of 4 every 10 min. The Average service time is 2 min. The Poisson distribution is appropriate for the arrival rate and service times are ex..
What is the total annual cost, including ordering, holding, and purchasing the silverware?
James Lawson's Bed and Breakfast, in a small historic Mississippi town, must decide how to subdivide (remodel) the large old home that will become its inn. Which option has the highest expected monetary value
Create a project charter and identify the key constraints of the project scope, budget, timeline, quality, people resources, etc. Using the scenario from this unit, create a spreadsheet that lists all the project risks you see based on what you cur..
Based on the text's discussion, and your own organization work and practical experience, what do you think about "comparable worth" as a theory? Include some discussion of the "Equal Pay Act' and arguments for and against "comparable worth." Consider..
Atlantic Canada is blessed with the perfect climate and topography for agricultural products. In this region of Canada, you can find the world’s largest fruit farm, the world’s largest producer of frozen French fries, the world’s largest supplier of ..
describe an orientation experience you have had or are familiar with that was effective or ineffective in aligning
Discuss what strategy Avon was pursuing until the mid-2000s. What were the advantages of this strategy? What were the disadvantages? Discuss what changes Andrea Jung made in Avon’s strategy after 2005. What were the benefits of these changes? Can you..
The employer is a small, nonunion furniture manufacturer with 15 employees engaged in interstate commerce. Both of the employees involved in this case worked in the machine shop building as band-saw operators. Was the employer’s s discharge of Drake ..
What are the key differences between a common law system and a civil law system? Why do some countries have common law systems and others have civil law systems?
Discuss whether you see marketplace competition as a positive or negative influence on the development of hospitals and health services in the U.S. Defend your position; offer example(s) to support your points.
This is your opportunity to really pitch the advantages of implementing supply chain management and for designing a quality assurance process for these two departments within your company.
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