Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

For a telephone survey, a marketing research group needs to contact at least 600 wives, 480 husbands, 400 single adult males, and 440 single adult females. It costs $3 to make a daytime call and (because of higher labor costs) $5 to make an evening call. The file P13_31.xlsx list the results that can be expected. For example, 30% of all daytime calls are answered by a single male, and 40% of all daytime calls are not answered at all. Due to limited staff, at most 40% of all phone calls can be evening calls.

a. Determine how to minimize the cost of completing the survey.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92565319

Have any Question?


Related Questions in Operation Management

Business model canvasthis is assignment requires you to

Business model canvas This is assignment requires you to pull information from MikesBike Channels 1. Through which channels do our customer segments want to be reached? How are we reaching them now? How are our channels ...

1 contrasting the personnel practices of hasbro and mattel

1. Contrasting the personnel practices of Hasbro and Mattel: What impact would Habro and Mattel very different approaches to production and overall personnel policies have on the overall company performance? 2. Please th ...

1 identify and describe the foundations of pricing

1. Identify and describe the foundations of pricing strategies and the various approaches to pricing a service. Choose two service bills that you receive and think of how they built their foundational pricing strategy. 2 ...

1 teams are clearly a semiautonomousb self-directedc

1. Teams are clearly __________. a. semiautonomous b. self-directed c. management directed d. undirected 2. ____________ is/are a function of organizational context, group structure, group process, and group development ...

1 if my planning budget showed that wages were calculated

1. If my planning budget showed that wages were calculated as $5,000 plus $15 per visit and my planned activity level was 1,000 visits, what would my planned wages expense be? A. $5,000 B. $15,000 C. $20,000 D. $10,000 2 ...

What are the basic reasons for the recent growth of

What are the basic reasons for the recent growth of international business activity? How has technology contributed to the globalization of markets and production? Comment on the following statement: “Ultimately, the stu ...

1 why do ldquobackground checksrdquo and ldquocredit

1. Why do “background checks” and “Credit Checks” used? Is there a real value in the use of background check and credit check? Do you approve of their use? 2. Some leaders gravitate toward the tenets of servant leadershi ...

Consider a supermarket deciding on the size of its

Consider a supermarket deciding on the size of its replenishment order for Tide laundry detergent. What costs should it take into account when making this decision? How do these costs for the supermarket change if it wer ...

1 what elements of the scientific management are still used

1. What elements of the scientific management are still used in today’s workplace? 2. At Amazon, the teams are small and they are assigned authority and empowered to solve a customer service problem in any way they see f ...

Instructionscase studies are an important learning strategy

Instructions Case studies are an important learning strategy in business classes as they provide an opportunity for you to critically analyze events that have taken place in real-life businesses. This develops your criti ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As