Short Answer Questions Regarding Operations Management

Miscellaneous Short Answer Question 30 (3 points) You are in charge of ordering programs for the Toronto Maple Leaf games. Because they are specific to an opponent, any leftover programs you have are recycled. Demand for programs is uniformly distributed from 3000 to 8000. The programs cost you $2.5 to print and you sell them for $6.5. How many programs should you order each game to maximize expected profits over time? Your Answer: Your Answer Question 31 (2 points) Consider your answer in Question 30. If you could get $0.50 for unused Programs from a memorabilia company, what would happen to your optimal order? stay the same. go up. O go down. it depends on the distribution of demand. Question 32 (3 points) The Dulac Box plant produces wooden packing boxes to be used in the local seafood industry. Current operations allow the company to make 500 boxes per day, in two 8-hour shifts (250 boxes per shift). The company has introduced some small changes in equipment, and conducted appropriate job training, so that production levels have risen to 300 boxes per shift. These changes did not require any change in the amount of capital spending or energy use. What is the firm's new labour productivity? Answer to one decimal place. Your Answer: Your