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A job shop receives an order for high precision formed parts. The cost of producing each part is approximately $20,000. The customer requires that either 4 or 5 good parts be supplied. Each good part sold will yield $30,000. However, if fewer than 4 good parts are produced, none will be purchased. The probability of an individual part being acceptable to the customer is .80. 1/ Determine the optimum batch production quantity given that the job shop has agreed to supply the formed parts. 2/ Is the situation a profitable one for the job shop? I 3/ If not, how must the selling price be changed for the expected profit to be positive?
Simple regression analysis is a tool that characterize relationships between a _______________ and _____________________. regression partner, simple partner dependant variab
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Discuss the impact of social networking in computing today, and in the future five years
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Calculate the minimum replenishment time to build 2500 Model A fountains given the following beginning inventories?
Prob: The 21st Century Studios is about to begin the production of its most important (and most expensive) movie of the year accepted#
When the National Cattlemens Beef Association advertises Beef, Its Whats for Dinner, it is trying to stimulate _____ demand. selective primary derived generic second
Q. What are the advantages of the enterprise-wide systems? Benefits of Enterprise-wide systems (ERP) systems: a. In this system integration of software applications can easi
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