Decision Tree for an indoor/outdoor event
We are planning an event for next June. If we choose an outdoor venue, we make 350,000 dollars, but if it rains we lose 40,000. If we choose an indoor venue, we make 150,000 rain or not. It rains 1/3…
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How large should the standard size order be for this product? How much is the Purchasing directors policies costing your Company?
You have just met with the director of purchasing. He has been attempting to reduce his costs by placing fewer orders(but larger)orders for raw materials. You suspect that his dept.’s actions have been contributing to the company’s DOS. I need…