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Determine the utilization and the efficiency for each of these situations:
A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 10 loans per day and an effective capacity of 8 loans per day.
A furnace repair team that services an average of four furnaces a day if the design capacity is six furnaces a day and the effective capacity is five furnaces a day.
Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than those other systems? Explain.
The Green Organization has contracted with you to develop a training program for improving performance and effectiveness in their regional offices globally in the Real Estate Group. The Group accounts for over 10% of gross revenues to the organizatio..
Developed during World War II, this strategy analyzes organizations using numerical techniques such as mathematical modeling and statistical analysis. Joanna needs to decide whether to hire new employees in her shop for the summer. She creates a diag..
Mr. Johnson, a recent hire for the Abacas Accounting firm, was tasked with updating an existing Excel spreadsheet by adding the bonuses to the employees who had sales of $500 and more for the first quarter.
Guarionex Company sells bags of guavas and bottles of guava juice. The company grades the guava on a scale of 1 (poor) to 10 (excellent). Guarionex has on hand 80,000 lb. of grade 10 guavas and 130,000 lb. of grade 7 guavas. Formulate the standard fo..
Elucidate how would you accommodate the special requires of different groups without appearing to show favouritism or offending other groups
Please describe the ways in which classical and operant conditioning vary. Also explain the marketing implications of the classical and operant conditioning principle. What are the factors that need to be considered in packaging?
Which one of the following parties is the largest class of participants in the money market? If the state of Michigan plans to build a new toll road, which of the following bonds can be used to raise money?
A marketing manager has decided to use personal selling as a strategy. Describe at least three advantages and at least one disadvantage that could result from the use of personal selling. Determine when a sales manager would use a strategic account o..
Apple is about to release its latest technology. The company needs to develop a plan to communicate with key stakeholders about the release. You have been tasked with identifying those main stakeholders and selecting the method for communicating with..
While the treatment of criminal offenders is often considered a solution to behavioral misconduct, it is not a straightforward solution or process. Many criminals re-offend even after treatment, further increasing the difficulty in reducing criminal ..
Why is it important to assess the reliability of your data from a job analysis? How might you go about deciding whether job analysis data were high quality?
The Internet has made the world smaller and enlarged our access to information. However, for every positive benefit of the Internet, there is a negative aspect. We have a loss of privacy, our financial profile can be compromised, and we cannot trust ..
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