70 b. Mаximin? c. Laplace? d. Minimax regret? uly the ualysis NEXT YEAR'S DEMAND Alternative Low High Do nothing $50* $60 Expand 20 80 Subcontract 40 *Profit in $ thousands. 2. Refer to Problem 1. Suppose after a certain amount of discussion, the contractor is able to sub- %3D %3D tively assess the probabilities of low and high demand: P(low) = .3 and P(high) = .7. a. Determine the expected profit of each alternative. Which alternative is best? Why?

Your company wants to replicate its travel expense management process from paper-based to an electronic process. In the current process, an employee wishing to travel would simply complete a travel notification form and send to his/her supervisor, and keep a copy. There is no requirement for the supervisor to approve the form prior to the employee travel. At the end of the travel, the employee attaches his/her travel expense receipts to his/her copy of the travel notification form and submits to the supervisor for approval. For this project, the company has indicated that it does not plan to change any aspect of the paper-based travel expense management process, at least initially, even though not doing so could expose the company to various types of risks. You have been appointed the project manager for this project, and one of your responsibilities is to assess the risks associated with replicating the paper-based travel expense management process without introducing any new controls…

Please do not give solution in image formate thanku. Avis Company is a car rental company that is located three miles from the Los Angeles airport (LAX). Avis is dispatching a bus from its offices to the airport every 3 minutes. The average traveling time (round-trip) is 10 minutes. a.How many Avis buses are traveling to and from the airport? (Do not round intermediate calculations. Round your answer to 1 decimal place.)

Do not use chatgpt

Why is the Hayes and Wheelwright product-process matrix NOT used to analyze service delivery systems?   a. The relationship between volume and process is not found in many service businesses.   b. Services tend to have lower variety, so the variety element of Hayes & Wheelwright is not applicable.   c. Services cannot add capacity.   d. When services change processes to increase volume, they can still handle a wide variety of customer requests.

draw a level 0 data flow diagram for the process of buying glasses: the patient sees a doctor who will give him a prescription. After patient sees a doctor , patients information is stored in the patients database. Once the patient has a prescription , he goes to a glass store, where he selects his frame and place the order for his glasses once the glass has been made the patient gets the notification. Her will return to the store for a fitting and pay for the glasses. The payment information is sent to the order database.

establish the significance of random numbers in Monte Carlo simulations.

Which of these changes will serve to break order synchronization?

Read the scenario and then, using the table (if you prefer) , tell us the pros and cons for each of the options (A,B,&C) from both the customer and salesperson's perspective while considering the circumstances.   Pros - Customer & Salesperson Perspective  Cons - Customer & Salesperson Perspective  option A Customer: Salesperson: Customer: Salesperson: Option B Customer: Salesperson: Customer: Salesperson: Option C Customer: Salesperson: Customer: Salesperson:

What is the total cost for these services ?