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In January a sales manager estimates that there is only a ‘30% chance’ that the sales of a new product will exceed one million units in the coming year. However, he is then handed the results of a sales forecast. This suggests that the sales will exceed one million units. The probability that this indication will be given when sales will exceed a million units is 0.8. However, the probability that the forecast will give this indication when sales will not exceed a million units is 0.4. Revise the sales manager’s estimate in the light of the sales forecast.
You've just completed an earned value analysis of your project. The results indicate one of the control accounts CV of negative 100 and a CPI of 1.02. What does this mean? How is this even feasible given that CV = EV - AC and CPI = EV / AC?
The elimination of waste results in:
What is the difference between persuasion and manipulation? How do arguments and language affect the way in which they differ?
According to the Woodward and Aston studies, what conditions lead to a formalized, standardized organizational environment? (Managing engineering and technology course)
Wal-Mart owns the 3PL component, the distribution component, and the retail store component in its supply chain. Discuss why Wal-Mart doesn't hire a 3PL firm and a distribution firm to do business with.
The company is a manufacturing firm with annual earnings in excess of $350 million.
Smith Manufacturing, a parts reseller, is currently considering using one of several suppliers. For a specific part, Smith’s upper specification limit (USL) is 12.6 centimeters (cm) and its lower specification limit (LSL) is 9.9 centimeters (cm). The..
Now that you have learned about aspects of the communications model, such as managing communication, planning, and decision making, you will explain the communications model from the sender’s and receiver’s perspectives in this week’s class discussio..
Managers also employees jointly set objectives also develop action plans also goal achievement is evaluated on an annual basis. High Fence is missing which major activity which must occur in order for MBO to be successful.
how sure they were that they could achieve it? Or does this decision become a question of philanthropy only?
Incorporating time-value-of-money concepts and information from well-developed personal financial statements identify your long-term financial goals and discuss the pertinent aspects for realizing these long-term financial goals.
You want to apply for the position of Human Resources Director with a Fortune 1000 company in the field of retailing. The company "would prefer" applicants with at least four years of experience, though others can also apply.
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