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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?
LIST THE METHODS AND TECHNIQUE OF FORECASTING
Suppose jobs arrive at a single? Machine workstation at a rate of 20 per hour and the average process time is 2.5 minutes. a. What is the utilization of the machine? b. Sup
In the past, Arup Mukherjee's tire dealership in Pensacola sold an average of 1,000 radicals each year. In the past 2 years, 240 and 260, respectively were sold in fall, 360 and 30
define the following key terms in product layout: a) Product interval time b) Product duration (throughput time) c) Assembly line balancing
A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 88 percent of capacity; actual usage was 89.6 percent of c
Assess the significance of the brainstorming suggestions and determine how you might use this information to improve the chances of the project's success
An assembly line is to be designed to operate 7 1/2 hours per day and supply a steady demand of 300 units per day. Here are the tasks and their performance times: PRECEDING Perf
Question: a) What is a strategy? b) Describe what is meant by a franchise. c) Henry Fayol put forward 6 primary functions of management. State the 6 functions and brief
How your local newspaper would be affected if local supermarkets switched to weekly advertising and instead used a service that delivered weekly freestanding ads directly to each h
Least Cost Methods ( LCM): The NW corner rule describe earlier consider only the availability and supply requirements in making assignments'. It take no according of the shipping
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