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Suppose your firm has decided to invest in a new plant to produce a chemical. The plant costs $1.3m to build, and each ton of chemical would cost $25,000 to produce. Your firm decides to produce 20,000 tons of chemicals. What is the average cost per ton the firm incurs, given that they produce 20,000 tons?
Benchmarking Organizational Process Improvements
What does the case tell you about what it is like to be a project manager? From my Military Veteran perspective, being a project manager is like being an NCO or Sergeant in the Military. You must check up on your workers and tasks.
A small manufacturing plant is considering their aggregate plan for the next fiscal year. They are limited to a maximum number of 32 FTEs each quarter. For next fiscal year, find their annual regular time direct labor cost and overtime direct labor c..
How can we determine that probability that a project will be completed by a certain time? What assumptions are made in this computation?
a) What is the critical path for this project, what is the project completion time, how much total work time (in days) is required for this project, and what is the cost for completing this project using the Activity Time? Also identify the slack tim..
Compare and contrast brand loyalty and brand equity, as well as how these concepts are related. Must a brand possess high brand loyalty in order to possess high brand equity? Explain. Describe a brand that has high brand loyalty and what you think al..
A metal fabricator produces connecting rods with an outer diameter that has a 1 ± 0.02 inch specification. A machine operator takes several sample measurements over time and determines the sample mean outer diameter to be 1.004 inches with a standard..
Zero sum competition is based on the concept of a winner and a loser in a business relationship. The cost shifting that Porter describes is an example of zero sum competition. This means using our definition of strategy – providing a service that is ..
Discuss how negotiators prepare for negotiations. Explain the distributive and integrative bargaining approaches. How do these methods differ? When would a negotiator likely choose each?
When an employer gives a verbal job offer to an applicant, he or she should
Lester purchased a used automobile from MacKintosh Motors. He asked the seller if the car had ever been in a wreck. The MacKintosh salesperson had never seen the car before that morning and knew nothing of its history but quickly answered Lester’s qu..
What plans for growing the business can you come up with? List as many as you can. How wouldyou divide up the$100,000 and spend it? Go through your list and allot dollar amounts from $0 to $100,000 for each idea. (Don’t go over your total $100,000 im..
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