the relevant cost is the cargo cost only. Therefore‚ profit contribution of carrying I ton of tapioca from Balik and Singapore: Expected revenue $5.10 Less freight cost (0.25+0.56) 0.81 Profit Contibution 4.29 From Singapore to Balik: Expected Revenue $2.70 Less freight cost (0.16+0.32+0
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Consider the following contingency table: What is the probability of A | B? A′ | B′? A | B′? Are events A and B independent? 4.18 If P(A and B) = 0.4 and P(B) = 0.8‚ find P(A | B). ½ = 0.5. 4.19 If P(A) = 0.7‚ P(B) = 0.6‚ and A and B are independent‚ find P(A and B). 4.20 If P(A) = 0.3‚ P(B) = 0.4‚ and P(A and B) = 0.2‚ are A and B independent? Because P(A and B) = 0.20 and P(A)P(B) = 0.12‚ events A and B are not independent. Applying the Concepts 4.21
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QUANTITATIVE DATA ANALYSIS USING SPSS AN INTRODUCTION FOR HEALTH AND SOCIAL SCIENCE Pete Greasley Quantitative Data Analysis Using SPSS Quantitative Data Analysis Using SPSS An Introduction for Health & Social Science Pete Greasley Open University Press McGraw-Hill Education McGraw-Hill House Shoppenhangers Road Maidenhead Berkshire England SL6 2QL email: enquiries@openup.co.uk world wide web: www.openup.co.uk and Two Penn Plaza‚ New York‚ NY 10121-2289‚ USA First published
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The hospitality industry consists of travel companies‚ hotels‚ resorts‚ transportation‚ and restaurants‚ whom all provide over-lapping comforts. Gradually‚ the hospitality industry has increased its focus on creating more and more facilities for their customers. Hospitality facilities management and design is a book that is dealing with management of different facilities in the hospitality industry. This is a classic book that has dealt with all aspects of hospitality management. David M. Stipanuk
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What is your evaluation of the Total Supply Chain Cost (TSCC) program developed by Owens & Minor and Virginia Mason? * Virginia Mason Medical Center (VM) hired Owens & Minor (O&M) as its alpha vendor for medical/surgical supplies in 2004. At that time O&M was performing JIT and low unit measure services for VM. Together VM and O&M worked together to create a new supply chain process called the Total Supply Chain Cost (TSCC) pricing program. * TSCC was is an activity-based
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1)Take all cost elements into consideration‚ because it extends the procurement to the whole life cycle of product within a firm. 2)Reflects the real cost of the purchasing rather than the pure acquisition. 3)It helps to define a rational purchasing policy for the buyer‚ for instance‚ how to allocate the purchasing volume‚ and to whom‚ and etc. 4)It can be a tool to evaluate outsourcing deals. 5)Can be used in negotiations with suppliers‚ by making visible some of the committed costs induced by
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Case Studies David Fernandez School Law Use of Facilities by Religious Groups 1. Yes‚ I believe the Bible club has legitimate grounds to file suit for use of school facilities. Principal Gayle Dixon’s decision to deny the club use is based on her interpretation of the club’s charter to be discriminatory and not necessarily the law’s or districts. 2. No‚ I would say principal Dixon is not justified to deny use of school facilities because she is making the judgment based her beliefs
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many units be produced and sold in order to (a) earn a profit of $1.5 million‚ and (b) earn zero profit (break even)? (5) A manufacturer of microcomputers produces three different models. The following table summarizes wholesale prices‚ material cost per unit‚ and labor cost per unit. Annual fixed costs are $25 million. ________________________________________ __________Microcomputers_________
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“The Linear Programming Transportation Model (LPTM) for minimizing the operating costs of marine CNG transportation” Written by: Muhammad Akram Khan (Doctoral Candidate) (akram_khan@is.pw.edu.pl) Supervised by: Prof. Dr. Osiadacz Andrzej (Head of Gas Engineering Department) Warsaw University of Technology (andrzej.osiadacz@is.pw.edu.pl) Abstract: The Marine compressed natural gas (CNG) was initially envisioned to target small volumes of gas located in relatively closed proximity to markets
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Security‚ VOL.9 No.2‚ February 2009 353 Solving Transportation Problem Using Object-Oriented Model Taghrid Imam Gaber Elsharawy Mohamed Gomah Iman Samy Department of mathematics‚ Faculty of science El Azhar Unversity ‚ Egypt We design Object-Oriented Model as decision support tool to evaluate the solution for the five methods using C++ language. After designing the five models (the five programs) we compare between each solution using C++programs and LP solution which have the same result
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