M1S2 – DUCK Persimmon Fruit
Oranges and clementines have a specific production period: Oranges from December to June and clementines from September to April:
M1S1 – DUCK Persimmon Fruit
The ROYAL DUCK company produces and distributes three types of fruits: oranges and clementines. They are produced in Malaga (Andalusia, Spain) in AXARQUIA an area which holds special conditions to grow these fruits. Product engineers are also experimenting growing a fourth product: persimmon. The idea is to bring over the Spanish and European market a …
M2S4 – DUCK beer
In principle, if random processes develop, the optimistic model provides the greatest profit and benefit. However, this is only worth embracing if the firm have enough reserves to do it. If there are not enough reserves, the model for pessimistic estimates should be chosen. What model shoud be developed?
M1S2 – DUCK beer
he following questions needs further clarification: What improvements need to be made to bring the total revenue to at least EUR 120000? What production plan should be chosen for the introduction of a new product, assuming that the brewery’s loss due to each unit of revenue loss is EUR 1 and each additional tonne of …
M2S2 – DUCK beer
After having collected the data (see case 2.1) to answer the final questions (see case 1.3) we should find the way of analysing them. In order to answer the Preparatory Committee questions with purely mathematical tools, it must use statistical estimation methods to prepare the model of the optimal product structure. What models should be …