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suppose the manufacturer has an inflated demand forecast as follows: Quantity Probability 2,200 5% 2,300 6% 2,400 10% 2,500 17% 2,600 30% 2,700 17% 2,800 12% 2,900 3% (a) Suppose the manufacturer is make-to-order (timing of events as in (b). Using you contract in (b)(ii), find the order quantity, and expected profits of the distributor and of the manufacturer. Compare your answer with (b)(ii). (b) Suppose the manufacturer is make-to-stock (timing of events as in ( c ).using your contract in ( c)(ii), find the production quantity, expected profits of the manufacturer and of the distributor. Compare your answer with (c )(ii (c) If you are the distributor and you have the choice of revealing the true demand forecast or inflated demand forecast to the manufacturer, what will you do in each case? Explain.
What you anticipate 'managing" from a transition perspective to comply with this law
A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
Stan Garner resides in illinois and promotes boxing matches for Supersports, INC. an Illinois corporation. Garner created the conect of "ages" promotion- a three fight series of bo
(Teddy Bower Boots) To ensure a full line of outdoor clothing and accessories, the marketing department at Teddy Bower insists that they also sell waterproof hunting boots. Unfortu
Analyze why it is important to address risk through the entire project life cycle. Identify three possible negative results that can occur if an organization fails to address risk
On the day his son was born, a father decided to establish a fund for his son's college education. The father wants the son to be able to withdraw $4000 from the fund on his 18th b
How would you oversee the design (or redesign) of a benifit program in a large organization? What issues would you consider?
what are the types of process technologies that can be applied to the problems experienced in registration centers at school and how can they be integrated ?
explain duality in linear programing.
Q: What is operations management? A: Operations management is the planning, organising and control of systems which produce goods and services. It is one of the most important
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