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Operations Management:A consulting firm consist of associates, managers and partners. The company would like to maintain 200 associates, 60 managers and 20 partners. After 4 years of working as an associate , an employee move sup as a manager or out. After 6 years of working as manager, a manager either becomes a partner or out. A partner stays with the company for another ten years (a total of 20 years with the company). The company recruits MBA's as associates, no new hires are made at other levels.Q1- How many new MBA' does the company have to hire every year?Q2 - What is the probably that a new hire at the company will become partner (as opposed to being dismissed after 4 or 10 years)?
Assume that you have $165,00 invested in stock that is returning 11.50%,$85,000 invested in a stock is returning 22.75% and $235,000 invested in a stock that is returning 10.25%.
Three siblings want to take their families (spouses plus a total of 7 children ages 2-15) on a trip, Cruise from Glasgow to the Northern Isles and to Ireland
Her prospective banker has requested information concerning financial condition of her business. Which accounting discipline is responsible for providing accounting information to outside stakeholders.
What are the risks and rewards of changing from a current supplier to a new supplier ? How can you balance these risks and rewards?
Network design is a key business decision as well as a technological decision. Why? Provide an example of a company you believe has a good network design.
Use EPQ to calculate the the order quantity? What is the total annual inventory cost of the EPQ plan?
Rolf Steps is the production manager for a local manufacturing firm. This company produces staplers and other items. The holding cost is $2 per unit per year.
What are the advantages and disadvantages of globalization? Provide an example of a firm that has engaged in globalization. What are some of the potential advantages and disadvantages of globalization for this particular organization?
How can a small business provide affordable health care to their employees? How does offering health insurance benefit small business beyond attracting good employees?
Clearly identify all the necessary activities and associated activities you'll have to carry out in order to ensure smooth delivery.
Analyze key elements of training and development geared toward improving the performance of the specific small business for which you are consulting.
The MPS for product A calls for 100 units to be completed in week 4 and 200 units in week 7 (the lead time is 1 week). Spare part demand for Item B is 10 units per week.
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