subject
Business, 22.02.2020 06:15 178cosmaeckelberg

You own a coffee shop in a metro Toronto shopping mall. It is Friday evening and you are trying to decide how many dozen blueberry muffins to bake for the Saturday morning rush.
Based upon your experience with Saturdays, you think that the probability of being able to sell 5 dozen is 0.25, of being able to sell 10 dozen in 0.45, of being able to sell 15 dozen is 0.20 and of being able to sell 20 dozen is 0.10
A dozen muffins sells for $10.00 and has an incremental cost of $6.35. If you have leftover muffins, you will sell them to the local food bank for $2.00 per dozen.
1. Use your knowledge of decision analysis to model and solve this problem in order to recommend the number of dozen muffins that should be baked.
Please include the Payoff Table and all of the EMV calculations

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 19:30
What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit
Answers: 2
question
Business, 22.06.2019 00:50
cranium, inc., purchases term papers from an overseas supplier under a continuous review system. the average demand for a popular mode is 300 units a day with a standard deviation of 30 units a day. it costs $60 to process each order and there is a five−day lead−time. the holding cost for a paper is $0.25 per year and the company policy is to maintain a 98% service level. cranium operates 200 days per year.what is the reorder point r to satisfy a 98% cycleminus−service level? a. greater than 1,700 unitsb. greater than 1,600 units but less than or equal to 1,700 unitsc. greater than 1,500 units but less than or equal to 1,600 unitsd. less than or equal to 1,500 units
Answers: 1
question
Business, 22.06.2019 02:00
Ineed : ): will mark brainliest! describe sinek's golden circle. what does he use this for? sinek argues that "people don't buy 'what' you do; people buy 'why' you do it." what does he mean by this? do you agree or disagree with him? why? what are the advantages of hiring people who share the same beliefs and visions in terms of the company's 'why' or purpose? why wasn't tivo successful as a company? what is the difference between leaders and those who lead? how does safety contribute to trust and cooperation? what are some ways that leaders can make the company environment safe? what are the advantages of companies where employees feel safe and protected?
Answers: 2
question
Business, 22.06.2019 05:00
Xie company identified the following activities, costs, and activity drivers for 2017. the company manufactures two types of go-karts: deluxe and basic. activity expected costs expected activity handling materials $ 625,000 100,000 parts inspecting product 900,000 1,500 batches processing purchase orders 105,000 700 orders paying suppliers 175,000 500 invoices insuring the factory 300,000 40,000 square feet designing packaging 75,000 2 models required: 1. compute a single plantwide overhead rate, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. in january 2017, the deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. assign overhead costs to each model using the single plantwide overhead rate.
Answers: 3
You know the right answer?
You own a coffee shop in a metro Toronto shopping mall. It is Friday evening and you are trying to d...
Questions
question
History, 19.11.2020 21:40
question
Mathematics, 19.11.2020 21:40
question
English, 19.11.2020 21:40
question
Mathematics, 19.11.2020 21:40