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The manager of a car wash must decide whether to have one or two wash lines. One line will mean a fixed cost of $6,000 a month, and two lines will mean a fixed cost of $9,000 a month. Each line would be able to process 15 cars an hour. Variable costs will be $4 per car, and revenue will be $5.95 per car. The manager projects an average demand of between 14 and 18 cars an hour. Would you recommend one or two lines? The car wash is open 280 hours a month.
You are now ready to apply costing methods, tools, and techniques to your project. There are many of these available to assist you in determining your overall budget, as well as to estimate the durations for individual tasks. These methods could i..
Expectations regarding a corporation’s role in society can vary widely from country to country. The Anglo-Saxon approach distrusts cooperation between business and government; the Continental Europe and Asian approaches embrace it. What do you think ..
Imagine that you are the CEO of the failed organization before the business failure took place. You now have the opportunity to lead the organization in a change process to prevent the impending failure.
You were tasked to provide training for a user group for a new ERP system that your organization is about to launch. Prepare two agendas; the first training is for the user group before the system “Go- live,” and the second agenda for the user group ..
MTC (MegaTelCo) has decided to use supervised learning to address its problem of churn in its wireless phone business. As a consultant to MTC, you realize that a main task in the business understanding/data understanding phases of the data mining pro..
Discuss cost and schedule baselines. How are these baselines used to track and assess project performance? Explain how you will use the project baselines in your project audit.
You have purchased equipment costing $20,000. The equipment will be used for two years, and at the end of two years, its salvage value is expected to be $10,000. The equipment will be used 6,000 hours the first year and 8,000 hours the second year. w..
Some customers are inherently not profitable and ‘retain’ because they extract more value from the firm than they provide in terms of revenue, reputation and recommendation. Identify three strategies for addressing this sort of retention ‘problem’. W..
Discuss whether you think a 30 percent capacity cushion is appropriate for a hospital emergency room. What factors would you consider when setting this cushion?
Loan Processing times are being monitored at a local company. Samples of ten observations each have been taken, and the results are listed.
Write the Access Control Policy section of the Information Security Policy for the bank. Include the following: User enrolment, Identification, Authentication, Privileged and special account access Remote access
Using a real-life example, identify a situation in which correct grammar and usage are important. Do you think the rules of grammar are different when communicating with someone verbally than when communicating with someone through a written document..
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