1a - Which operations metrics can you use from the Fred database to explain (or foretell) the...
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Question:
1a - Which operations metrics can you use from the Fred database to explain (or foretell) the significant (i.e., 6%) increase in the producer price index (PPI) in Jan of 2023? Why? What is the implication of the PPI increase to the CPI inflation?
1b -What is the managerial insight that you learned from the dice game? Describe three practical examples where this insight has been used in the design of service process to reduce waiting time.
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