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LTV Corporation, a manufacturer of all-terrain vehicles, needed shipping crates to export the vehicles. LTV, therefore, circulated a detailed invitation to bid to obtain a local supplier who could manufacture 8,000 crates according to specifications, at a total cost exceeding $50,000.
Bateman submitted a written bid, which LTV accepted. LTV never signed Bateman's bid and repudiated the contract after only 1,000 crates had been ordered. Bateman sued LTV.
Who wins? Why?
French’s Fast Fries (3F) requires that its employees wear uniforms and protective clothing while on the job. A sign on the back of the locker room door states, “French’s is not responsible for the loss of any property in the locker room.” Does Grant..
As your text describes, ratio analysis is a common technique in financial analysis. One of your colleagues states that a thorough ratio analysis is all that is needed in considering the financial health of a company. Discuss at least three potential..
In your own words, explain the relationship between JIT and Lean. In your answer, address (at a minimum), each of the following: Key elements of each approach to production and operations management. Similarities between the two approaches. Diifferen..
The resource planning tool that enables us to identify who we need to carry out what tasks is called: a. A resource Gantt chart b. A resource matrix
Suppose you go to work for an organization that you discover does not align with your personal values. You are in a leadership role and you are not in a position to leave the job. How do you ethically represent the company without compromising your o..
What is the starting point in developing a capacity plan for a health care operation. Which of the following is considered an organizational blueprint, which prescribes the quantity and time frame for when each end product will be assembled
What is one advantage to a national policy that must be implemented by one agency of the federal bureaucracy? What is one option to maintain the advantage of the national policy discussed above.
Determine The average number of customers awaiting repairs, System utilization and The probability of two or more customers in the system.
Evaluate the challenges that for-profit public companies face from recurrent scandals, political attacks and alternative corporate structures such as the B-corp. Can public companies survive? Should they survive?
The Discovery The Chief Financial Officer at Sample General Hospital has just discovered that the hospital’s Chief of the Medical Staff’s son Jason, a student at the local community college, is paid $100 per week year-round for grounds maintenance at..
Assume a fixed price of $900, a variable price of $4.50 also a selling price of $5.50. Illustrate what is the break-even point. Explain how many units must be sold to make a profit of $500.00.
How will the new communication tools allow the field sales staff to spend more time with existing customers and developing new business. What types of communication tools can be linked together to improve overall efficiencies and the field sales s..
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