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The percent of sales method is based on historical information.
Giving consideration to the turbulent first decade of this century with wars and shortages of food and fuel, do you think that looking to the past is the best way to predict the future?
Are there any alternatives or adjustments to the percent of sales method that you can suggest?
Imagine you volunteer for church where they distribute free food for homeless people. Could you be able to stand back from your personal biases? Do you think your service experience will aid in your development as a person and leader, how?
A firm is allowed to make decisions on a purely economic basis. However, the courts have said that where salary is a proxy for age, salary may not be used in order to determine retention. This is an extremely difficult issue and one which always serv..
In the past, Peter Kelle’s tire dealership in Baton Rouge sold an average of 1,000 radials each year. In the past 2 years, 200 and 250, respectively, were sold in fall, 350 and 300 in winter, 150 and 165 in spring, and 300 and 285 in summer. With a m..
leave your hospital open to liability. No pressure, but your job is on the line if the company denies the policy.
Social Responsibility Pricing. The text discusses "Social responsibility pricing". Some argue that a business cannot sustain itself if it practices social responsible pricing.
a) Explain how Google are embracing The Triple Bottom Line as an operations strategic weapon (Don't waste space explaining concepts as Triple Bottom Line; Go straight to the explanation.)
The purpose of this assignment is to simulate the thought process managers use to connect unit goals with organizational strategy.
Case Scenario: Entitlement Mentality “Ruth, the VP of finance, is frustrated. One of her best employees, Bill, is being stubborn on a matter that deeply concerns Ruth. Bill is a 26-year-old newly appointed accounting manager. Do you think some embedd..
Prepare a model of an educational institute as an example in decision modelling
Benny the Barber owns a one-chair shop. At barber college, they told Benny that his customers would exhibit a Poisson arrival distribution and that he would provide an exponential service distribution. His market survey data indicate that customers a..
Casinos advertise a 95% payback for their slot machines. This means that for a $1 stake, a gambler can expect to get 95 cents back. a) What does 95% payback mean in terms of the expected value of a play on the slot machines? i.e. What is the expected..
You are just hired by the Barnes and Noble to order the newspapers and magazines. Newspapers are ordered daily. If you order too many, it costs the store $1.50 for each newspaper that is not sold. If you order too few, the store loses sales. Wh..
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