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In 2008, a lawyer for Mutual Life Insurance e-mailed Dr. Miles regarding the settlement of a lawsuit that he had filed against the insurance company. The e-mail that the attorney sent contained proposed settlement terms. Dr. Miles's attorney sent an e-mail back explicitly stating that Dr. Miles accepted the terms the company was offering. After the trial was canceled in light of the settlement, the company's attorney sent Dr. Miles a written settlement that was different from the terms contained in the e-mail. Thus, Dr. Miles rejected the offer, and the company subsequently claimed that there was no settlement. Dr. Miles then took the company to court a second time regarding whether a contract was created through the e-mail that proposed specific settlement terms. If the e-mail seemed to contain all the essential terms of an offer, how do you think the judge decided?
For the scenario in the attachment, use the queuing formulas to calculate the averages under present conditions and the alternatives. using the information given, determine the alternative you would select. List your assumptions and/or additional inf..
A company produces six products in the following fashion. Each unit of raw material purchased yields four units of product 1, two units of product 2,
Briefly describe each of the four quantitative methods used to evaluate location alternatives. How does a geographical information system help companies like Red Lobster or LaQuinta with location strategies?
What do you think is the one most critical leadership issue facing organizations in the second decade of the 21st century. Why is this issue more critical than any other of the many organizational issues facing management
Which of the participants would you judge to be capable? Explain Can the value of the Cpk exceed the value of C p for a given participant? Explain.
You are responsible for all of Europe, including the United Kingdom, France, Germany, and Scandinavian countries. How will you approach the leadership role? What leadership style would be the most effective?
Gibson Mutual Insurance Company, domiciled in State “M,” issues a policy that provides other states insurance coverage that applies to a claim in Iowa, a state where it is not licensed. Under these circumstances, most likely
Analyze the different approaches to innovation discussed in this chapter to determine which approach you think would be the greatest value to the greatest number of organizations.
Illustrate what choices must Fresh Connections make in developing an operations strategy. Illustrate what is the effect of complexity on Fresh Connections' operations.
How do economies of scale impact a firm’s logistics structure and methods? What are the steps in creating Logistically Distinct Business Methods or LDBs? What advantages does this confer to the firm?
How does the product type influence what marketing communication mix the company will use? Do you believe these companies used the best promotional tool? If yes, explain why. If not, share what promotional tool you feel would be better and why.
Requests arrive at a web server according to a Poisson process with λ = 20 requests per minute. The service times at the web server are proportional to the size of the document requested which is according to a Pareto distribution. The average servic..
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