operations management 7282101 2

/in /by

Nursingpapertutors.com stands out as a reputable writing company that delivers high-quality papers specifically designed for nursing students. With its specialization in the nursing field, commitment to quality, customization, and originality, timely delivery, dedicated customer support, and emphasis on confidentiality, Nursingpapertutors.com provides invaluable academic support to nursing students. As a reliable partner in their educational journey, Nursingpapertutors.com helps nursing students excel academically and prepares them to become competent and knowledgeable healthcare professionals.

1.       The Paris Bakery has decided to bake 30 batches of its famous beignets at the beginning of the day. The store has determined that daily demand will follow  the distribution shown in the following table:

 

DAILY DEMAND

PROBABILITY

15

0.08

20

0.12

25

0.25

30

0.20

35

0.20

40

0.15

 

 Each batch costs the Paris Bakery $50 and can be sold for $100. The Paris Bakery can sell any unsold batches for $25 the next day.

 

(a) Simulate 1 month (25 days) of operation to calculate the bakery’s total monthly profit. Replicate this calculation N times to compute the average total monthly profit.

 

(b) The Paris Bakery would like to investigate the profitability of baking 25, 30, 35, or 40 batches at the start of the day. Which quantity would you recommend? Why?

Nursingpapertutors.com places a premium on meeting deadlines. The company understands the significance of timely paper submissions for nursing students. To uphold their commitment to punctuality, Nursingpapertutors.com employs a well-organized workflow and efficient team coordination. This ensures that students receive their papers promptly, affording them ample time for review and making any necessary adjustments. Providing exceptional customer support is central to Nursingpapertutors.com’s mission. The company recognizes that nursing students may have queries or require assistance at any time of the day. As such, Nursingpapertutors.com offers 24/7 customer support to promptly address any concerns, clarify instructions, and offer updates on the paper’s progress. Their responsive support team ensures a seamless and positive experience for every student.

 

 
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.