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A Las Vegas supermarket bakery must decide how many wedding cakes to prepare for the upcoming weekend. Cakes cost $33 each to make, and they sell for $60
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A lawsuit a few years ago made headlines worldwide when a McDonald’s drive-through
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A mail-order house uses 18,000 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $96.
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A major television manufacturer has determined that its 40-inch LED televisions
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A manager checked production records and found that a worker produced 160 units
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A manager has just received an evaluation from an analyst on two potential forecasting
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A manager must determine the requirements for waiting for space for customers. A priority system is used to process customers, who are assigned to one of two classes
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A manager uses a trend equation plus quarterly relatives to predict demand
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A manager uses this equation to predict demand for landscaping services: Ft = 10 + 5t.
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A manager wants to know how many units of each product to produce on a daily basis in order to achieve the highest contribution to profit
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A MINITAB printout is provided from fitting the multiple regression model to U.S. crime data for the 50 states
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A pharmacist has been monitoring sales of a certain over-the-counter pain reliever. Daily sales
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A priority waiting system assigns arriving customers to one of four classes. Arrival rates (Poisson) of the classes are shown in the following table:
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A producer of pottery is considering the addition of a new plant to absorb the
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A production line has three machines A, B, and C, with reliabilities of .99,
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A project manager has compiled a list of major activities that will be required to install a computer information system in her firm. The list includes estimated
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