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The number of cars arriving at Joe Kelly’s oil change and tune-up place during the last 200 hours of operation is observed to be the following:

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The number of cars arriving at Joe Kelly’s oil change and tune-up place during the last 200 hours of operation is observed to be the following:

Number of cars arriving Frequency

3 or less 0

4 10

0 30

6 70

7 50

8 40

9 or more 0

Based on the above frequencies, use two digit random numbers, start with random number 00 and determine the random number ranges for the data set given above.

The relationship d = 5000 – 25p describes what happens to demand (d) as price (p) varies. Here, price can vary between $10 and $50.

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The relationship d = 5000 – 25p describes what happens to demand (d) as price (p) varies. Here, price can vary between $10 and $50.

a. How many units can be sold at the $10 price? How many can be sold at the $50 price?
b. Model the expression for total revenue.
c. Consider prices of $20, $30, and $40. Which price alternative will maximize total revenue? What are the values for demand and revenue at this price?

There are two more assignments in a class before its end, and if you get an A on at least one of them, you will get an A for the semester. Your subjective assessment of your performance is

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There are two more assignments in a class before its end, and if you get an A on at least one of them, you will get an A for the semester. Your subjective assessment of your performance is

Event Probability
A on paper and A on exam .25
A on paper only .10
A on exam only .30
A on neither .35

a. What is the probability of getting an A on the paper?
b. What is the probability of getting an A on the exam?
c. What is the probability of getting an A in the course?
d. Are the grades on the assignments independent?

Describe an organization that you have dealt with as a customer/client seems best at followign principle number 12 – cutting flow time and

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Describe an organization that you have dealt with as a customer/client seems best at followign principle number 12 – cutting flow time and travel distance for you or for your order? How is this done?

Principle #12:
cut setup, change over, get ready & start up times. This principle deals with preparation to serve delays of all kinds.

 
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