**Unformatted text preview: **graded on quality/quantity. Some sample topics to choose from: ● What is ABC inventory system? What is economic order quantity? ● What is economic production quantity? ● Some operations use fixed order period instead of fixed order quantity. Examples? ● At what condition, do we have the best operating condition in terms of order quantity and item price when suppliers offer discounts? ● What are examples of single period inventory model? Can we use it for an annual 1 marathon event shirts? Other examples? ● How do we set up a single period model payoff table? ● For a single period model, how do we calculate payoff values for each cell? 4. Please create a specific business scenario which is appropriate for hypothesis testing of population mean with population standard deviation sigma given. Follow all the steps in the textbook (from hypothesis determination to result interpretation at least) to test the hypothesis. 2...

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- Spring '16