Conduct an internal/external environmental analysis, and a supply chain analysis for your proposed new division of bus service business model (previous file enclosed – to go off of)

Conduct an internal/external environmental analysis, and a supply chain analysis for your proposed new division of bus service business model (previous file enclosed – to go off of)

 

Make a SWOTT table summarizing your findings. Your environmental analysis should consider, at a minimum, the following factors. For each factor, identify the one primary strength, weakness, opportunity, threat, and trend, and include it in your table.

External forces and trends considerations:

  • Legal and regulatory
  • Global
  • Economic
  • Technological
  • Innovation
  • Social
  • Environmental
  • Competitive analysis

Internal forces and trends considerations:

  • Strategy
  • Structures
  • Processes and systems
  • Resources
  • Goals
  • Strategic capabilities
  • Culture
  • Technologies
  • Innovations
  • Intellectual property
  • Leadership

Write a synopsis of no more than 1,050 words in which you analyze relevant forces and trends from the list above. Your analysis must include the following:

  • Identify economic, legal, and regulatory forces and trends.
  • Critique how well the organization adapts to change.
  • Analyze and explain the supply chain of the new division of the existing business. Share your plans to develop and leverage core competencies and resources within the supply chain in an effort to make a positive impact on the business model and the various stakeholders.

Identify issues and/or opportunities:

  • Identify the major issues and/or opportunities that the company faces based on your analysis.
  • Generate a hypothesis surrounding each issue and research questions to use for conducting analysis.
  • Identify the circumstances surrounding each issue; classify the circumstances; attribute the importance of each classification; and test the accuracy of the importance for each classification.

Format your paper consistent with APA guidelines.

Attachments:

Introduction

Chicago Public School buses have been found to be a necessity in the day to day operations of any CPS school. More specifically, buses enable students to reach school in time so children can participate in daily activities efficiently.  More importantly, it aids students who live a considerable distance away from school such that they not only arrive in time, but are equally not entirely worn out from the journey they have to make to school such that they cannot concentrate in other school activities (Davidson, Werder & Lawson, 2015). It is therefore a fundamental initiative since there is a need.  This need is analysis proving the importance of the innovation in the Chicago Public School bus industry revealing that incorporating the service for all children in spite of the distance can be even more efficient. Other than its importance, this proposal details the new business’s vision, mission as well as values. It also determines a business model for the new division.

The Proposal: Service Introduction, Background & Mission Statement

This proposal is for a new school bus service for the new company division that focuses on aiding the parent to ensure the learner safely gets to school safely. After researching the growing industry of transportation services available for children, it was revealed that whereas a number of CPS school transportation options for children do exist, most of these services are focused on the learner who needs to travel several miles to get to school. The learner who lives near the school is therefore disadvantaged as, in some cases, the parent may be working and therefore unable to see the child off to school, in spite of the distance being considered close for them to reach on their own. Dual working parents in particular experience conflict in getting their children to day care, preschool, sport activities among other important schooling ventures. As a result, many parents tend to welcome the idea of having alternative transportation accorded to their children that will have little or no effect on their work schedules. The mission of the new school bus service therefore is to provide a reliable and safe transportation for all school going children at a fair flat price to parents.

In the pursuit for the realization of the mission for safety and reliability in transportation for all school going children in spite of the distance, there is also the need to derive fundamental objectives. Objectivity in this case is based on the importance of innovation in the CPS transportation industry. The objectives include providing licensed transportation at a fair price which aims at ensuring government regulations are met and standards maintained as well as parents reasonably required for financing of the transportation services offered. The flat fee criterion helps in accountability, raises awareness of safety and helps to avoid creating lines of division among learners who may be from the same learning institution. Other eventual objectives include to enhance the business such that it becomes a trusted transportation service all over the location as well as to create jobs through hiring drivers and other staff with the growth of the company and even to contract with area CPS schools up to and including day care, preschool and even recreational centers that have no transportation program in place.

The new school bus service for the new company division is a transportation service proposal that will be exclusively used for the transportation of children to and from school related activities at a reasonable flat price in spite of the distance from the determined location. It will be different from taxi operations in that it will be focused solely on school going children and not any other age group. Its uniqueness will also be based on the idea that unlike traditional services that might offer transportation for free but discriminate on distance from school, the proposed service targets to transport all school going children in spite of the distance.

 

Customer Needs & Competitive Advantage

The specific needs of the customer addressed above are being met by this proposal. The dual working parents who live near to the school also have the advantage of having their kids taken to school in a transportation arrangement that is considered safe and fair. It therefore presents a competitive advantage to traditional services that do not offer this alternative. Additionally, the flat fee per child is also attractive to parents who may find it difficult using public transportation for instance that might charge differently for older children. Consequently, it is a viable proposal as its competitiveness gives it greater possibilities for success.

Vision & Business Model

This business aims at being one of the most reliable transportation services for school going children in the future. The working parent is provided with an alternative of ensuring the learner gets to school safely in the time required without having to interrupt his or her working schedule. In order to realize this objective, the business is structured such that safety and reliability are its most important elements. Safety is determined by screening drivers during recruitment for experience as well as legal aspects that would otherwise invalidate them (Morey, 2015). Parents are made aware of the recruiting procedures involved so as to boost their interest and confidence in the company. Additionally, parents also get to meet with the necessary staff before scheduling times and making payment to further boost confidence in the company adding to the feeling of safety necessary for the successful operation of the company. By meeting with the parents and scheduling pick up and drop off hours, the business division involved can accurately schedule time so as to meet individual parent demands to the inconvenience of none.

 

Strategic Direction: Summary of Vision, Mission & Values

While the company’s vision is to become one of the most reliable transportation options for school going children in the future, its mission is to provide a reliable and safe transportation for all school going children at a fair flat price to parents. The company holds values such as reliability most important so as to ensure competitive advantage. These features are in line with the business strategic direction. Reliability in offering transportation to school going children will ensure parents find the company trustworthy such that they continually allow their children to use the service (Dearlove, 2000). Additionally, parents will be content in the knowledge that their children are in safe hands.

Guiding Principles and Values

The new business proposal is guided by a number of important principles and values for the division enshrined in the context of culture, social responsibility as well as ethics. It is important for any successful business to have the needs of the client in mind at all times before anything else (Dearlove, 2000). With this in mind, therefore, the business aims at ensuring the needs of both the parent as well as the learner are met. Guided by the desire to be reliable, parents can be assured of punctuality of both themselves as well as their learners. The learning needs of the child are consequently effectively met. Additionally, as the parents’ concern about the child goes beyond punctuality to include safety, screening of drivers among other security measures helps in aiding security and building confidence in the company. Parents can rest assured that their children are in the safest of hands. Ethics in this case refers to perceptions of right and wrong as determined by the society in which one exists. In stepping in to take the child to school, the service is taking up the responsibility of care giver and is therefore socially responsible for the child’s safety in dropping and picking them up from school.

Conclusion

It is important that innovation be considered a key concept in Chicago Public School bus industry. Parents need to go to work in the knowledge that their children will get to and from school efficiently and safely. The proposal hereby presented is one such innovation that will contribute a great deal to this particular idea, consequently ensuring a growth of a reliable business. The business will contribute not just to the school industry in particular but also the community as a whole through the creation of job opportunities. Additionally, it will also serve to meet fundamental ethical needs of the community by ensuring the safety of the children is uttermost whenever the children are in their care. It is thus a viable proposal both financially as well as culturally in addressing an existing problem in society.

 

 

 

 

 

 

 

 

 

References

Davison, K. K., Werder, J. L., & Lawson, C. T. (2008). Children’s active commuting to school:

current knowledge and future directions. Prev Chronic Dis, 5(3), A100.

Dearlove, D. (2000). The ultimate book of business thinking: Harnessing the power of the

world’s greatest business ideas. Oxford: Capstone.

Morey, A. (2015). School buses and child safety.

 

CLICK HERE TO ORDER THIS PAPER AND GET A+ RESULTS WITH  WORK DELIVERED IN YOUR DESIRED TIME!

ENGR2010: THERMODYNAMICS Spring 2016 Exam 2 Retake 1 1. 7 kg of water in a piston-cylinder is expanded by heating from P1 = 5,000KPa (abs) and quality x = 0.6 to T2=400°C in a constant pressure process.

ENGR2010: THERMODYNAMICS Spring 2016 Exam 2 Retake 1 1. 7 kg of water in a piston-cylinder is expanded by heating from P1 = 5,000KPa (abs) and quality x = 0.6 to T2=400°C in a constant pressure process. The piston-cylinder is stationary in place. Answer the followings. (You must mention the source/table of your data) a) Draw the T-v diagram or the process (2) b) What is the initial temperature? (1) c) What are initial and final specific volumes? (3) d) What are initial and final specific internal energies? (3) e) What is the work done during the process? (2) f) What is the heat transfer for the process? (3) 2. 7 kg of water in a rigid container is heated from P1 = 40KPa (abs) to a final state where the temperature is 195°C and quality x is 100%. The container is stationary in place. Answer the followings. (You must mention the source/table of your data) g) Draw the T-v diagram or the process (2) h) What is the initial temperature? (1) i) What are initial and final specific volumes? (4) j) What are initial and final specific internal energies? (3) k) What is the work done during the process? (1) l) What is the heat transfer for the process

CLICK HERE TO ORDER THIS PAPER AND GET A+ RESULTS WITH  WORK DELIVERED IN YOUR DESIRED TIME!

Abstract. Summarize what you have read, boiling the book down into 400–600 words (no more than 2 pages). Prove you comprehend the readings by writing a no-nonsense summary.

 

  1. Abstract. Summarize what you have read, boiling the book down into 400–600 words (no more than 2 pages). Prove you comprehend the readings by writing a no-nonsense summary. The abstract is not a commentary or listing of topics but rather an objective summary from the reader’s viewpoint. Abstract equals “boiled down.” This section should include a minimum of 2 in text citations in APA style.

 

 

 

  1. Concrete Response. Get vulnerable! In no less than 250 words and no more than 1 page, relate a personal life experience that this book triggered in your memory. Relate your story in first person, describing action, and quoting exact words you remember hearing or saying. In the teaching style of Jesus, this is a do-it-yourself parable, case study, confession. You will remember almost nothing you have read unless you make this critical, personal connection. What video memory began to roll? This is your chance to tell your story and make new ideas your own.

 

 

 

  1. Reflection. This is the critical thinking part of the review (not critical in the sense of negative, but in the sense of questioning). In no less than 250 words and no more than 1 page, describe what questions pop up for you in response to what you have read. Keep a rough-note sheet at hand as you read. Outsmart the author by asking better questions than he/she raised in the book. Tell how the author could have made the book better or more appealing to those in your field of service. One way to begin this section is by stating what bothered you most about the book. This is not a place to provide an endorsement or affirmation of the book.

 

 

 

  1. Action. So what are you going to do about it? In 400–600 words (no less than 1 page and no more than 2 pages) provide 2 actions that describe what changes you are going to make in your life, ministry, and/or work as a result of your reading. Actions should be measurable and reveal a commitment to specific time, specific people, and identified steps. Make sure the actions are implemented between the time the review is submitted and Module/Week 7. Discussion Board activity asks for you to reveal the results of one of your actions.

CLICK HERE TO ORDER THIS PAPER AND GET A+ RESULTS WITH  WORK DELIVERED IN YOUR DESIRED TIME!

Log entry: environmental studies: earth science

  • Write a brief description about a weekly environmental event.
  • This can be a weather event, release of new research findings, environmental monitoring or measurement results, or other type of activity specifically related to: Earth science: Environmental studies. From 01/01/2016 NO LATER THAN THAT.

 

There are samples in the attachment, PLEASE do the same!

 

 

YOU HAVE TO FOLLOW THE THREE

 

The description will be a short paragraph, about 5-7 sentences long, that:

  1.  Describes the event, summary. summary needs to explain why the topic caught your interest.
  2. Explains why it caught your attention,and
  3. Explains how it relates to course content. needs to relate the topic to specific course content from CH 13 ppt. (See the attachement please)  There are one ppts (CH 13) YOU HAVE TO LOOK AT.
  4. Need stronger science-based reference from the list below.

CLICK HERE TO ORDER THIS PAPER AND GET A+ RESULTS WITH  WORK DELIVERED IN YOUR DESIRED TIME!

You work for Centervale Apparel, a large clothing manufacturing firm. Centervale Apparel has budgeted $9.7 million for new technology initiatives in

You work for Centervale Apparel, a large clothing manufacturing firm. Centervale Apparel has budgeted $9.7 million for new technology initiatives in the coming year but the project requests currently in the queue for next year total about $15 million. Your boss, the executive director of operations, has asked you to put together a proposal for this project to replace legacy order fulfillment technologies by implementing a supply chain management (SCM) system. Your boss wants to ensure this project will be prioritized over other projects on the list and will be implemented in the coming year. Use the following data to prepare a proposal using a balanced scorecard approach to demonstrate the project’s value to Centervale Apparel.

Here is your brief:

Business Problem: The order fulfillment team has been using several legacy technology systems to manage inventory and distribution. The current systems do not work together, requiring redundant information input and processing. Because of the redundant processes, work is duplicated requiring multiple data entry points and sometimes results in inaccurate and irreconcilable data. There is a constant overage or shortage of supply due to the time it takes for data to get from one point to another. This causes unhappy customers and inventory carrying costs that could be avoided.

Project Description: Replace legacy order fulfillment technologies by implementing a SCM system.

Project Cost: The project will cost approximately $1.2 million including infrastructure and resources to complete the implementation and $250,000 annually to support and maintain the new system with a ten-year lifecycle for the system.

Project Benefit: It is estimated that the implementation of a supply chain management system will improve the order fulfillment processing time and reduce inventory-carrying costs. Implementing the SCM system will also enable the retirement of several legacy systems. Estimated annual cost savings are:

  • Data entry staff reduced from 10 FTE to 8 FTE = $100,000/yr savings
  • Reduction in inventory carrying costs = $300,000/yr savings
  • Improved order fulfillment = 10–20% decrease in order to delivery time. This will improve customer satisfaction and retention
  • Improved data accuracy
  • Legacy system maintenance retirement savings = $100,000/yr

Using the information that details the primary business goals for the coming year, you will need to demonstrate how implementing the SCM system will help achieve the business objectives.

Note: Customers are retail companies who order from this clothing manufacturer. Assume a ten-year lifecycle for the SCM system.

Using the module readings and the Argosy University online library resources, research methods of developing proposals by applying the balanced scorecard approach. Select two scholarly resources for use in this assignment. You will use these resources to justify your recommendations.

The proposal should include the following:

  • Describe the measureable value. This should include a cost-benefit analysis, such as payback period or ROI that relies on tangible measures of organizational value through cost savings, revenue enhancements, or improvements in the speed, quality, or efficiency of key processes that help achieve competitive advantage (note the difference between tangible and intangible measures in this proposal).
  • Evaluate and choose alternatives. Make sure to identify any alternatives to the project implementation and provide a justification for each.
  • Complete a risk assessment of all risks associated with implementing the project using an enterprise risk management (ERM) model.
  • Describe total cost of ownership and include descriptions of implementation project and ongoing maintenance costs.
  • Explain the benefits of the project, which include tangible and intangible benefits.
  • Fully justify a recommendation with a compelling proposal that aligns to the business goals.

Write a 6–8-page paper in Word format. Apply APA standards to citation of sources.

CLICK HERE TO ORDER THIS PAPER AND GET A+ RESULTS WITH  WORK DELIVERED IN YOUR DESIRED TIME!

Using the same company you researched in Assignment 1, evaluate the company’s compensation plan to determine how it could be improved.

Assignment 2: Compensation Plan Outline

Using the same company you researched in Assignment 1, evaluate the company’s compensation plan to determine how it could be improved.

Write a six to eight (6-8) page paper in which you:

  • Evaluate the existing compensation plan to determine if it is the most appropriate for your company. Explain your rationale.
  • Determine the most beneficial ratio of internally consistent and market consistent compensations systems for the company you selected.
  • Evaluate the current pay structure used by your company and assess the recognition of employee contributions.
  • Make two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected.
  • Evaluate the types of employer-sponsored retirement plans and health insurance programs provided by the company you selected and compare them to that company’s major competitors.
  • Use at least three (3) quality references. Note: Wikipedia and other Websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required page length.

The specific course learning outcomes associated with this assignment are:

  • Evaluate the effectiveness of traditional bases for pay (seniority and merit) against incentive-based and person-focused compensation approaches.
  • Compare and contrast internally consistent and market-competitive compensation systems.
  • Evaluate the role of benefits in strategic compensation.
  • Use technology and information resources to research issues in compensation management.
  • Write clearly and concisely about compensation management using proper writing mechanics.

CLICK HERE TO ORDER THIS PAPER AND GET A+ RESULTS WITH  WORK DELIVERED IN YOUR DESIRED TIME!

Before you begin writing your paper, you should first consider which formatting style that you will be using. In this course, we allow you to choose the one that

 

 

Before you begin writing your paper, you should first consider which formatting style that you will be using. In this course, we allow you to choose the one that you are more familiar with, or the one that will ultimately be the style most often used within your major. (See Formatting Style document)

 

 

 

This is a research paper, not a Discussion Board Forum, so it is expected that your paper will be formatted and cited using one of the following styles: current APA, MLA, or Turabian format.

 

 

 

Requirements:

 

1.      Cover page – This is the first page to be included in your paper (based on the formatting style that you will be using, see the sample papers in Blackboard).

 

a.       APA: For this course, a Summary or Abstract is not required.

 

b.      MLA: This format does not require a title page, but does have a specific format for Ssudent information.

 

2.      Content pages – These pages will contain your content and fulfill the requirements as listed below.

 

a.       Be sure to complete the minimum word count (500–1,000 words).

 

i.      Do NOT include the question as part of your word count Use only your answers.

 

ii.      Direct quotations must be short and limited.

 

iii.      Include your word count at the bottom of the paper.

 

iv.      NOTE: Submissions totaling fewer than 250 words will not receive credit.

 

b.      Quotations and material used from other sources must be cited using current APA, MLA or Turabian. You must include in-text citations and a Bibliography/Reference or Works Cited page.

 

c.       Check your work for spelling and grammatical errors.

 

d.      Be sure to do your own work, do not plagiarize.

 

3.      Bibliography/References/Works Cited page

 

a.       In addition to the in-text citations, a Bibliography/Reference or Works Cited page must be included.

 

b.      A minimum of 3 different sources is required.

 

i.      Use academic sources for your paper. (For example, do not include blogs, social media, opinion pages, or Wikipedia.)

 

ii.      At least 2 of the sources must be outside of the materials used in this course (this would include the Bible, any required reading or videos, and the required textbooks).

 

c.       Use correct APA, MLA, or Turabian style.



 

 

Content:

 

Instructions-

 

o   Fulfill all of the requirements as listed above.

 

o   Select 1 of the following worldviews (Secular Humanism, Hinduism,Buddhism, or Islam) that have been considered in the course content.

 

o   Identify the worldview that you have selected on your Title page (APA, MLA, or Turabian).

 

o   Using course content and additional sources outside of the course, complete the following:

 

 

 

Note: This is a “Critical Thinking” assignment so you must go beyond just giving factual content, and demonstrate your comprehension of the material. To accomplish this, the assignment will be asking you to “compare and contrast” your selected worldview (Secular Humanism, Hinduism, Buddhism, or Islam) with the biblical worldview.

 

 

 

·         Compare: To speak of or represent as similar; to liken.

 

·         Contrast: To set in opposition … in order to show strikingly their different qualities or characteristics, and compare their superiorities or defects.

 

 

 

In your paper, you must follow the outline and answer the questions below.

 

 

 

How would the worldview that you selected answer these 5 worldview questions:

 

 

 

1.      The Question of Origin – (How did life begin? How did mankind come into existence?)

 

i.      How would your selected worldview answer this question?

 

ii.      Compare and Contrast this with how the biblical worldview would answer this question.

 

2.      The Question of Identity – (What does it mean to be human? Are humans more important than animals?)

 

i.      How would your selected worldview answer this question?

 

ii.      Compare and Contrast this with how the biblical worldview would answer this question.

 

3.      The Question of Meaning/Purpose – (Why does mankind exist? Why do I exist?)

 

i.      How would your selected worldview answer this question?

 

ii.      Compare and Contrast this with how the biblical worldview would answer this question.

 

4.      The Question of Morality – (What is meant by right and wrong? How should I live?)

 

i.      How would your selected worldview answer this question?

 

ii.      Compare and Contrast this with how the biblical worldview would answer this question.



 

 

5.      The Question of Destiny – (Is there life after death? What will happen to me when I die?)

 

i.      How would your selected worldview answer this question?

 

ii.      Compare and Contrast this with how the biblical worldview would answer this question.

 

(______ words)

 

 

 

*An overview of these specific worldview questions can be found in chapter 4 of Finding Your Worldview: Thinking Christianly about the World.

 

 

 

This assignment is due by 11:59 p.m. (ET) on Monday of Module/Week 6.

 

 

 

 

CITING THE BIBLE

APA

Parenthetical Citations

In-Text Citation:

• In parenthesis place the verse reference followed by the version used to retrieve it.

Example: (Hebrews 6:19 New American Standard Bible)

• In a sentence place the verse reference followed by the version used in parenthesis.

Example: In Hebrews 6:19 (New American Standard Bible), Jesus is the anchor…

• In APA, once the scripture is cited in-text the first time, all uses after will only need to include the verse reference.

CLICK HERE TO ORDER THIS PAPER AND GET A+ RESULTS WITH  WORK DELIVERED IN YOUR DESIRED TIME!

Assignment 3: Pay, Benefits, and Terms and Conditions of Employment

Assignment 3: Pay, Benefits, and Terms and Conditions of Employment

 

Due Week 8 and worth 300 points

 

It is your responsibility as the HR Director of the same organization from Assignment 2 to a) create policies regarding pay and benefits for the selected job opportunity, and b) develop methods for both addressing unionization and implementing OSHA regulations. You will present your findings to the Vice President of Human Resources for approval.

 

In preparation for this assignment, review the following articles on contractors vs. employees and temp workers:

 

 

Create a PowerPoint presentation with fifteen to twenty (15-20) slides in which you:

 

  1. Create a Wage and Hour standard for the job opportunity that you had selected in Assignment 2, and support your standard by using the Fair Labor Standards Act (FLSA) and Equal Pay Act to prevent any potential discriminatory impact.
  2. Decide on three (3) benefits required for the job opportunity using ERISA. Propose two (2) methods that the employer can use in order to manage the fiduciary duties wisely and with the employees’ best interests in mind. Provide a rationale for your response.
  3. Elaborate on two (2) rights regarding unionization that Section 7 of the NLRA guarantees. Next, examine two (2) unfair labor practices, and argue the importance of your organization refraining from using such practices during any self-organization and collective bargaining activities. Explore two (2) potential repercussions of an organization’s interference with self-organization and collective bargaining practices.
  4. Propose three (3) ways to discourage employees from considering unionization. Then, compose one (1) strategy for championing a supportive and satisfying work environment within the organization.
  5. Select one (1) OSHA violation case, and determine whether the resulting penalties were sufficient to deter the organization in question from repeating the same violative action. Justify your response.
  6. Outline a plan for investigating workplace injuries, and formulate a policy that explains the process for filing a worker’s compensation claim within the selected organization.
  7. Narrate each slide, using a microphone, and indicate what you would say if you were actually presenting in front of an audience.
  8. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.

 

Your assignment must follow these formatting requirements:

 

  • Format the PowerPoint presentation with headings on each slide and relevant graphics (photographs, graphs, clip art, etc.), ensuring that the presentation is visually appealing and readable from eighteen (18) feet away. Check with your professor for any additional instructions.
  • Include a title slide containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The title slide is not included in the required slide length.

 

The specific course learning outcomes associated with this assignment are:

 

  • Develop policies that are compliant with employment laws.
  • Evaluate an organization’s physical environment and determine criteria that ensure occupational safety.
  • Use technology and information resources to research issues in employment law.
  • Write clearly and concisely about employment law using proper writing mechanic.

CLICK HERE TO ORDER THIS PAPER AND GET A+ RESULTS WITH  WORK DELIVERED IN YOUR DESIRED TIME!

A small market orders copies of a certain magazine for its magazine rack each week. Let X=X= demand for the magazine, with pmf

A small market orders copies of a certain magazine for its magazine rack each week. Let X=X= demand for the magazine, with pmf

x    p(x)

1    1/15

2    2/15

3    3/15

4    4/15

5    3/15

6     2/15

Suppose the store owner actually pays $ 1.25 for each copy of the magazine and the price to customers is $ 3.75. If magazines left at the end of the week have no salvage value, calculate the expected profit.

Expected Profit =

CLICK HERE TO ORDER THIS PAPER AND GET A+ RESULTS WITH  WORK DELIVERED IN YOUR DESIRED TIME!