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Draw up an outline or flowchart tracing the capital budgeting process from the initial idea for a new investment project to the completion of the project and the start of operations. Assume the idea for a new obfuscator machine comes from a plant manager in the Deconstruction Division of the Modern Language Corporation. Here are some questions your outline or flowchart should consider: Who will prepare the original proposal? What information will the proposal contain? Who will evaluate it? What approvals will be needed, and who will give them? What happens if the machine costs 40 percent more to purchase and install than originally forecasted? What will happen when the machine is finally up and running?
Describe the different types of controls that managers can implement on any project - feed forward control, concurrent control and feedback control.
Why might a balanced scorecard be more effective than simply using merit pay for a manager?
a Poisson distribution. The customers are given a FCFS service which requires an average of 2 minutes and follows a Poison distribution. Based on the information above, determine,
6-8 slides power point with speaker notes 200 - 250 words per slide excluding title and reference slideleaders must
Calabresi and Melamed argue that when there are a few obstacles to cooperation, the more efficient remedy is to enjoin the defendant’s interference with the plaintiff’s property. In contrast, when there are significant obstacles to cooperation, the m..
Explain the relationship between the parties under the Uniform Commercial Code in your answer.
An assembly line is to be designed to operate 7 1/2 hours per day and supply a steady demand of 300 units per day. Here are the tasks and their performance times:
Candy Kane Cosmetics (CKC) produces LesliePerfume, which requires chemicals and labor. Two production processes are available. Process 1 transforms one unit of labor and two units of chemicals into three ounces of perfume.
The manager of a regional warehouse must decide on the number of loading docks to request for a new facility in order to minimize the sum of dock costs and driver-truck costs. How many docks should be requested if trucks arrive at the rate of 9 per d..
Explain to management how the data can add value to the business in day-to-day operations as well as long-term strategic planning. Use examples to further demonstrate how value is added to an existing organization.
Select a foreign company that has come to the US (not the other way around!), describe how employees communicate between subsidiaries, how do they handle the time differences?
A time study analyst observes a worker over a period of time and calculates that the worker required 20.0 minutes per unit produced. The worker was rated at a 115 percent performance rating, and a 10 percent allowance for personal time and fatigue ap..
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