Operations Management: Control Charts, p chart, X bar chart, R chart, c chart, Demand, Present Value, EMV, expected value under certainty, expected value of perfect information, Linear Programming,
1. A state department of tourism and recreation collects data on the number of cars with out-of-state license plates in a state park. (The group's position is that more out-of-state plates means the state's advertising programs are working.) The sample size is fixed at n=100 each day. Data from the previous 20 days indicate the