capacity planning Strategic importance of capacity planning Measuring capacity Economies and diseconomies of scale Determining capacity requirements Use of decision trees in capacity decisions Service capacity management 1 2 2 2 3 4 4 5 Section two — facility location Competitive imperatives impacting on location decision Location decision and location factors Service versus industrial locations Location methods for industrial and service companies Factor rating methods Linear programming Transportation
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difference‚ and from validation to test error there is a 14.05% error difference. Based on the lift chart‚ the model appears to make a difference even though the loan acceptance has a 82% error rate for the test classification matrix. 9.3 i. Compare the tree generated by the CT with the one generated by the RT. Are they
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ADVANCED General Certificate of Education January 2014 assessing Making Business Decisions [AT211] AT211 Assessment Unit A2 1 *AT211* Business Studies WEDNESDAY 15 JANUARY‚ MORNING TIME 2 hours. INSTRUCTIONS TO CANDIDATES Write your Centre Number and Candidate Number on the Answer Booklet provided. Answer all questions. INFORMATION FOR CANDIDATES The total mark for this paper is 80. Quality of written communication will be assessed in Questions 5 and 6. Figures in brackets printed down the
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I. Decision Trees Bee’s Nest Inter Prize is a company that manufactures adhesives that are used in tapes and glues. Currently‚ they are thinking of a business proposition of opening another branch in the province in order to increase their market and gain more sales. Currently‚ their revenue is backed up with a good market demand giving them approximately P10‚000 income with high demand and they will incur a loss of P500 on times when demand is low due to the fixed costs of the company. Probability
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LORENZO C. VILLAFLORES HOW HARDWIRED IS HUMAN BEHAVIOR? Individual human behavior even before the old generation until today is genetically predisposed or influenced by environmental factors such as personal experiences and culture. Hereditary traits causes some people to behave and respond differently from one another. Say a person who has high temperamental makes him react furiously to situations that would somehow put him or her to danger or uncomfortable zone. This trait of being high tempered
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Decision Analysis Case Study FREEMARK ABBEY WINERY Khurram Masood’s section HLCC Consulting Inc. Julian Hong Nicolas Liao Alan Chen Cheng-Chieh Chao Decision Basis Information Probability of rain‚ mold formation‚ acidity‚ sugar level‚ wine price‚ reputation value‚ detector accuracy‚ spores effectiveness‚ immigration law Mr. Jaeger’s Alternatives Harvest now or later Use detector or not Buy spores or not Sell in bottle or bulk Mr. Jaeger’s Preferences Prefers more money than less
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Case 25 Harimann International MANA 6302 03 David Thomas Breaux Dallas Baptist University Executive Summary Vikram Dhawan is the president of Harimann International that he established in May of 1990. Vikram established the business in an effort to fund his impending Masters in Business Administration in the United States. The business is located in Delhi‚ India where tax incentives are offered for business who export goods and materials to targeted countries including Japan‚ Canada‚ and
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Contents 1.0 Mind Mapping 2 2.0 Case Study 3 2.1 Case 1 3 2.1.1 Solution 5 2.2 Case 2 6 2.2.1 Solution 9 3.0 Reference 10 1.0 Mind Mapping 2.0 Case Study 2.1 Case 1 TRANSFORMER REPLACEMENT AT MOUNTAIN STATES ELECTRIC SERVICE Mountain States Electric Service is an electrical utility company serving several states in the Rocky Mountains region. It is considering replacing some of its equipment at a generating substation and is attempting to decide whether it should replace
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that temperatures above 60° are ignored from this analysis because cool temperatures are forecast for race day; consequently‚ an analysis of high temperatures is irrelevant. Using the information calculated above (R2 = 0.6447)‚ one can build a decision tree to determine algebraically the optimal course of action. Carter Racing faces a 65% chance of not completing a race in cool temperatures; and by extension it only has a 35% chance of finishing a race under such conditions. However‚ the payoff associated
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Criteria 1 - Armin’ situation & Armin’s team How does Armin perceive his situation in the company as a result of the alternative chosen? More concretely‚ are his reputation and ability to generate new business going to be affected by the decision he makes? Will his team keep an equally proactive spirit? Criteria 2 - Relationship with the direct boss and other Bosses (CMB) How will the relationship with Hartmut Schur (Armin’s direct boss) be affected by each alternative? What is the impact
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