1. Even though independent gasoline stations have been having a difficult time‚ Susan Solomon has been thinking about starting her own independent gas station. Susan’s problem is to decide how large her station should be. The annual returns will depend on both the size of the station and a number of marketing factors related to oil industry and demand for gasoline. After careful analysis‚ Susan developed the following table: Sizes of Gasoline Station Good Market ($) Fair Market ($) Poor Market
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Summary of Forecasting Profitability and Earnings In the competitive environment‚ there is a strong prediction in economic theory that profitability is mean reversion both within and across industries. For instance‚ under competition‚ firms will leave relatively profitless industries and turn into relatively high profitable industries. Some companies introduce new products and technologies that bring more profitability for an entrepreneur. Otherwise‚ the expectation of failure which makes companies
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"Batting Clean-Up and Striking Out” In "Batting Clean-Up and Striking Out‚ written by Dave Berry‚ Berry springs up a comical way to give us a clear understanding of the social differences between men and women. His purpose in this essay was to show his audience that these genders are different in particular areas. He accomplishes his point by giving examples‚ and sharing his own personal stories‚ which support the initial argument. He starts off with a hyperbole‚ that states "The primary difference
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production system at its Darmstadt plant? Price does not change Production increase What were the average annual sales (units) per model? 330‚841: 539 = 614 unit/ model What was the average customer order size in 1999? From 10 to 200 unit per order What was the average number of after-sales service hours per customer order? 162‚354: 3263 = 49.75 (50) What do these averages tell you about the production environment at the Darmstadt plant in 1999? The increase in the number
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important part of the supply chain management process. Common factors used to make future sales forecasts include historical sales data‚ data from competitors of similar products‚ and estimation of future demand and economic conditions‚ and statistical averages and variations from this data collected. Forecasts are almost never 100% accurate‚ but supply chain managers must do their best to make as accurate projections as possible in order to
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University of British Columbia Sauder School of Business COMM 399: Logistics and Operations Management Problem Set 1 1. Solution: (a) Some ideas that you can expand on: • • • • Organizational barriers Business culture undervalues operations Top managers often uninterested in operations Lack of “ownership” of operations (b) Some ideas that you can expand on: • Identify and break constraints • Make the special case the norm • Rethink critical dimensions of work (c) Yes‚ even though it may
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Methods of data presentation a. Diagrammatic presentation; Line and bar graphs‚ Simple and multiple pie charts‚ Pictograms b. Graphical presentation; Histogram‚ Frequency polygon‚ Frequency curves‚’ cumulative frequency curves[ogive]. 4. Averages (measures of central tendency);Arithmetic mean‚Median‚Mode 5. Dispersion – measures of variablility;Range‚Quartile deviation or interquartile range‚ Mean deviation‚ Standard deviation‚Variance‚Coefficient of variation 6. Skewness‚ moments
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Literature review 12-11-12 * While the likelihood of participating in organised sport or dancing did not differ significantly between young children aged 5-7 years and those aged 8-11 years‚ it did differ for older children. * Too much technology? Spending a lot of time watching TV‚ DVDs or videos is associated with lower participation in organised sport or dancing. In 2009‚ children who spent 40 or more hours in the fortnight watching TV‚ DVDs or videos were 10% less likely to participate
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| 6) Results and Conclusions: a) Figures 1 (for size) & 2( for speed): Inserted on page 2. [7 marks‚ 3.5 marks per figure] b) Isopod length and success against predation: [3 marks] |The mean average for isopod length in the initial population is 12.8mm. The mean average for isopod length in the survivor population is 13.8mm. The | |selection intensity is 1 mm. There is a slight shift towards longer isopods. Looking at the figure 1‚ the isopods with a body length between 12.1
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CHAPTER I THE PROBLEM: rationale and background Introduction There has been no era that can be read in the history books that connecting mankind through internet has made its greatest significance than it is today. The Internet‚ sometimes called simply “the Net‚” is a worldwide system of computer networks – a network of networks in which users at any one computer can‚ if they have permission‚ get information from any other computer (and sometimes talk directly to users at other computers)
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