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Henrique's Correa's bakery prepares all its cakes between 4am and 6am so they will be fresh when customers arrive. Day-old cakes are virtually always sold but at a 50% discount off the regular $10 price. The cost of baking a cake is $6 and demand is estimated to be normally distributed with a mean of 25 and a standard deviation of 4. What is the optimal stocking level?
• Describe the requirements of forecast demand and capacity requirements for financial planning, leading to proper business valuation. • Explain the financial risks to a healthc
Differentiate between validity and reliability of a selection test. In other words, provide definitions of (1) validity and (2) reliability of a test.
You work for a computer parts and software distributor. Your co-worker and friend is starting up a second business installing and servicing personal computers. She asks you not to
what is characterstics of operation research
In this assignment, you will develop a ten item survey that will be given to all applicants at your company. The purpose of this survey is to determine whether the applicant is a p
A toll tunnel has decided to experiment with the use of a debit card for the collection of tolls. Initially, only one lane will be used. Cars are estimated to arrive at this experi
A cosmetics manufacturers marketing department has developed a linear trend equation that can be used to predict annual sales of its popular Hand and Foot Cream. We are given F sub
You are manger of a bakery, where only pizza's are baked. For this purpose,you purchse flour at a rate of Rs.4/kg. It is notices that in a week at most five pizza's can be sold. At
Transferring some part of an organisation's activities to a subsidiary in another country is an example of offshoring.
Existing salary for managers is 45,000 euros (58,567 us dollars) plus bonuses. Average salary for managers in range is 60,000 euros (78,090), no bonuses. Recommendations must inclu
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