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This problem-solving assignment measures your mastery of ULOs 1.1, 1.2, 1.3, 2.1
This problem-solving assignment measures your mastery of ULOs 1.1, 1.2, 1.3, 2.1, 2.2. 2.3, 4.1, 4.2, and 4.3. Joel is the logistics manager for Way Out Foods, a specialty organic restaurant. His major task every week is to order the correct number of “beef products” for Chef Stewart to prepare for the customers. His data analytics for the past week has shown a trend with the following beef products being ordered. Ribeye = 300 Prime Rib = 200 T-Bone Steak = 50 Flank Steak = 25 Hamburger = 155 Chop Steak = 65 Roast Beef = 99 Chef Stewart wants to know, “Where’s the Beef?” Explain and describe Joel’s actions to successfully order the correct beef by responding to the following questions. Explain the quantitative analysis approach. Outline the actions that Joel must take from a data analytics perspective on what to order. Explain the probability data involved when ordering with relation to the computation of the relative frequency for each item. Create a relative frequency chart displaying your data. Should Joel not order any item and switch that order to a more popular beef selection? If so, which one, and why? Is subjective decision-making a part of this process? Is there certainty and uncertainty involved in Joel’s selection process? Explain. Is there a “right answer” to #5 above? Explain. Your completed assignment must be at least three pages in length, and you must use at least two academic sources. Be sure to include an introduction that provides background of the topic and the purpose of the paper. Complete your paper with a well-written body and conclusion. Adhere to APA Style when constructing this assignment, including in-text citations and references for all sources that are used. Please note that no abstract is needed.
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