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Describe a decision that is centralized (or decentralized) in your company. How could you decentralize (or centralize) the decision? What would happen if it were decentralized (or centralized)? Compute the profit consequences of the change.
What are the differences between probability and coincidence? Can the probability be more than 1 or less than 0? Explain why or why not.
Describe the effects of an unmotivated workforce on a company. Explain how does Tesco benefit from ensuring that its workforce is motivated.
Why does Rawls think that people choosing principles of justice behind a ‘veil of ignorance’ would choose his principles and not libertarian (free market) principles or a principle requiring perfect equality?
Determine two to four disadvantages of Buy American Act provides to small or large businesses that sell to the government. Speculate on why so many companies still sell to the government in spite of these disadvantages.
Duke Energy reported that the cost of electricity for an efficient home in a particular neighborhood of Cincinnati, Ohio was $102 per month (Home Energy Report, Duke Energy, March, 2012). A sample of homes in this Chicago neighborhood will be taken a..
A shop owner uses a reorder point approach to restocking a certain raw material. Lead time is six days. Usage of the material during lead time is normally distributed with a mean of 42 pounds and a standard deviation of four pounds. When should the r..
A company has the following forecast demand for the net six months: Suppose inventory, stockouts, overtime and subcontracting are not allowed. Only hiring and layoff are allowed to respond to fluctuations in demand. Currently there are 20 workers on ..
The missing piece we need is Earned Value (i.e. what we have actually accomplished so far). You meet with your team and find that only 6 of the 7 tasks scheduled to be complete by the end of month 4 have actually been completed.
list some advantages and disadvantages associated with booking a trip yourself as well as using a travel agent. what do
Describe the importance of a project kick-off meeting, and what needs to be reviewed in that meeting. Describe a project kick off meeting you have attended or hosted
McBurger, Inc. wants to redesign its kitchens to improve productivity and quality. Three designs, called designs K1, K2, and K3, are under consideration. No matter which design is used, daily demand for sandwiches at a typical McBurger restaurant is ..
Automakers came to Washington in late 2008 asking for Federal financial aid to avoid bankruptcy and possible liquidation. Their reception was chilly, but after heated debate, General Motors and Chrysler were granted government loans and loan guarante..
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