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Company must decide how many lots of chocolate muffin premix to order for its three stores. Information on pricing, sales, and inventory costs has led to the following payoff table, in thousands. Demand Order size Low medium High 1 lot 12 15 15 2 lots 9 25 35 3 lots 6 35 60
1-what decision should be made by the optimist?
2-what decision should be made by the conservative?
3-what decision should be made using minimal regret? Show the regret table.
4-assume that the payoff table provides cost rather than profit payoffs. What is the recommended decision using optimistic, conservative, and minimal regret approaches?
A hamburger factory produces 40,000 hamburgers each week. The equipment used costs $5,000 and will remain productive for 4 years. The labor cost per year is $9,500. a. What is t
How would you allocate the $100,000 bonus money and why? Remember, no 2 managers can get the same amount. Be sure to justify your reasons.
Describe the nature and components of, and the issues currently facing, executive compensation in various U.S. industries.
ASSIGNMENT THIS IS A GRADED ASSIGNMENT THAT IS A COURSE REQUIREMENT? Select one specific product (For example: iPhone Levi jeans, Adidas sports shoes, Chevrolet Volt)? Select one o
How does the market demand curve change (as a function of marketing expenditure) during recession? a. Shifts downward b. Remains unaffected c. Becomes ver
It is important to assign a unique number to every component in the project Work Breakdown Structure.
In a 2-3 page paper answer the following question. Is quality integrated into the Walmart's logistics process?
Kanban Scheduling System for Lean and Just in Time The ideal lot size is one - how many can we work on at one time? - usually one. Even in batch production, only one item in t
Provide an example of what team performance readiness might look like at various readiness levels
in a 3-4 page paper answer the following: Q1. Describe the quality control implications of the major changes that have taken place in food chains today compared to the past. Q2. Wh
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