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Suppose that a firm is considering opening a plant in China, and the current exchange rate is 5.25 Chinese Yuan (CNY) per dollar. Also, the Chinese wage rate is 6.3 CNY per hour. Suppose further that U.S. workers can produce 4 units per hour, while workers in China are expected to be able to produce 3 units per hour. After factoring in productivity differences, what is the “relative” wage rate (in dollars, rounded to the nearest penny) of operating in China?
You have been hired by a company at the helpdesk. The calls arrive at random according to a Poisson distribution and calls durations last according to an exponential distribution. Calculate the probability that you will be idle. Calculate the average..
Supervisors make decisions on a daily basis and often these decisions are made without giving any thought to the decision making process. By following a decision-making process, supervisors can improve the way they make decisions by understanding how..
How does the project closure review differ from the performance measurement control system discussed
What you wrote was well written but also very general. Your opening paragraph was essentially a copy and paste of the assignment which does not provide me any details on your chosen organization.
Which form of investment is more risky: developing a new drug or building a new nursing home? Which type of publicly traded for-profit firm would you expect to show greater variability in earnings, a pharmaceutical firm or a nursing home chain?
Gregory agreed to buy an unframed oil painting from Callaghan for $489. Later, Gregory asked whether Callaghan would frame the painting at no additional cost. Callaghan agreed. Would Gregory have to provide additional consideration to make Callaghan’..
Assuming each cakes costs the same to make, what is the average cost to produce a cake?
Carol Rubino is a drafting major at a community college. In order to pay her expenses, she needs to work several hours a week. She is very organized and responsible with her school and work obligations. What strategies in this chapter can help Carol ..
4”x40”x48” skid in a 20’ container, single layer in the container to max of 6’. The cargo is two packs of lightbulbs (2in.x4in.x6in.) how many lightbulbs can be loaded in one dry container, how many skids? If each lightbulb package weighs 4oz. what i..
Assume that the objective function coefficient for X changes from 8 to 6. Does the optimal solution change? Use the graphical solution procedure to find the new optimal solution.
Technology has improved logistics processes and supply chain management in the last decade. Explain how information systems or Internet technology has improved inventory management, order processing, or supply chain integration in the aviation indust..
How does it explain the need for the mastery competencies suggested in Leadership From the Inside Out, that focuses on Purpose, Values, Interpersonal Relationships, and Being vs. Doing.
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