Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Management Expert

Megley Cheese Company is small manufacturer of number of different cheese products. One of products is cheese spread which is sold to retail outlets. Jason Megley should decide how many cases of cheese spread to produce each month. Probability that demand will be six cases is 0.1, for 7 cases, 0.3, for 8 cases is 0.5, and for 9 cases is 0.1. Cost of every case is $45, and price that Jason gets for each case is $95. Unluckily, any cases not sold by end of month are of no value, due to spoilage. How many cases of cheese must Jason manufacture each month?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M930889

Have any Question? 


Related Questions in Business Management

Create a business plan-assignments should be in microsoft

Create a business plan-. Assignments should be in Microsoft Word or RTF format. They should be professional looking. All documents should have page numbers as well. Introduction When venture capitalists are asked what th ...

Encryption in organizationsnbspnbspplease respond to the

"Encryption in Organizations"  Please respond to the following: Suppose an executive-level manager asked you to explain the importance of encryption. Detail the key points that you would use to justify the importance of ...

According to our text studies show that defensive medicine

According to our text studies show that defensive medicine seems to be harming health care physicians are acting out of fear for malpractice suits and their actions are not beneficial to the treatment of the patient it i ...

A warehouse manager at dockhousing inc maintains a large

A warehouse manager at Dockhousing, Inc. maintains a large inventory of video games. The company's database states that the mean value of the games in inventory is $50, with a standard deviation of $5. The manager is con ...

1 what do story points represents in an agile project how

1. What do story points represents in an Agile project? How do they aid in project monitoring and control? 2. What might such a spreadsheet look like in helping you predict the project finish date?

Managerial competencies fall into three major categories

Managerial competencies fall into three major categories: Interpersonal competencies (like the ability to lead a group or team), informational competencies (like serving as a spokesperson), and decision making competenci ...

Assignment frank hopkinsin this assignment you get the

Assignment Frank Hopkins In this assignment, you get the chance to create your dream job and to build its compensation plan and appraisal performance. Write a six to eight page paper in which you: 1. Create a job descrip ...

Security awareness metricseach phase of the security

Security Awareness Metrics Each phase of the security awareness program creation process is important. Design, development and implementation are all critical. However, the work does not end with implementation. By monit ...

Strategic innovationwrite a four to five page paper in

Strategic Innovation Write a four to five page paper in which the following items are addressed. 1. Determine which is more important, push Innovation or pull innovation. 2. Provide an example of when push Innovation is ...

Business environmentstate the number of words used at the

Business Environment State the number of words used at the end of your assignment. You may include diagrams, figures etc. without word penalty. A sliding scale of penalties for excess length will be imposed according to ...

  • 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

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen