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Condo Construction Company is going to First National Bank for a loan. At the present time, the bank is willing to lend Condo up to $1 million, with interest costs of 10%. Condo believes that the amount of borrowed funds needed during the current year is normally distributed, with a mean of $700,000 and a standard deviation of $300,000. If Condo needs to borrow more money during the year, the company will have to go to Louie the Loan Shark. The cost per dollar borrowed from Louie is 25cent. To minimize expected interest costs for the year, how much money should Condo borrow from the bank?
How many constraints are there in a transportation problem which has 5 supply points and 4 demand points.
Assume a new product has a fixed cost of $900, a variable cost of $4.50 each, and a selling price of $5.50 each. What number of units must be produced to break even?
Explain the four functions of management and the purpose of internal and external assessments. How would you convince upper management about the importance of internal and external assessments
Do performance evaluations improvement performance? Explain what improves employee performance and motivation. Share an example.
What are the different levels of diversification firms can purpsue by using different corporate level strategies and what are the advantages to diversifying their operations?
Write a high-level strategic human resource management plan. The purpose of this assignment is to simulate the thought process managers use to connect unit goals with organizational strategy. The students are not expected to produce a detailed strate..
Intercultural Communication, Scenario: Your organization is opening a new international branch of operations. Six staff members have been chosen to represent the company as an initial task force, located in the capital city. An interpreter will b..
"Executive Pay Some evidence suggests that there is a direct and positive relationship between a firm’s size and its top-level managers’ compensation. Explain what inducement you think that relationship provides to upper-level executives.
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
Why is it critical to organizations. Why is operations management one of the top careers. Why are professional organizations important
Illustrate what were stages of development of ELITE team. Identify specific examples of each of four stages of team development in case.
The forecasted demand for fudge for the next four months is 140,160,90 and 70 pounds. What is the recommended production rate if a level strategy is adopted with no back orders or stockouts?
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