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Assume that you have made the final payment on a one-acre residential lot that you purchased years ago to build your retirement home. You are now ready to build your dream home. This will be your ongoing project for the next couple of years. Which contract structure (fixed price, unit price, reimbursable) do you think that you would use to proceed with your project? Explain your choice.
Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.25 per card, and the cost of printing is $0.60 per card. The company receives $3.90 per card s..
Consider the elements of the code of conduct developed by Caterpillar in Sourcing Snapshot: Caterpillar’s Code of Conduct. What are some specific examples of purchasing behavior that would violate elements of this code of conduct?
What can a “quick change over” approach do to an operation to increase customer value? Give at least one example of “quick change over” in a manufacturing AND one in a service operation. Explain the impact of an operational/systems change to a “quick..
What is the difference between infinite scheduling and finite scheduling? Describe one engineering example of each type of scheduling.
Which of the following is NOT one of the consumer product classes discussed in the text?
Solve the LP Relaxation of your model in part (a). Solve for the optimal schedule of tellers. Comment on the solution.
what are the different types of inventories maintained by a typical business entity?what is the significance of
Define and explain the concept of comparative advantage.
List and explain five categories of external risk assessment which need to be addressed by a multinational enterprise?
Conduct a discounted cash ?ow calculation to determine the NPV of the following project, assuming a required rate of return of 0.2. The project will cost $75,000 but will result in cash in?ows of $20,000, $25,000, $30,000, and $50,000 in each of the ..
Modern Furniture Stores sells modern coffee tables. The expected demand for next year is 500 coffee tables. Tables are handmade in Seattle. The cost of ordering a set of tables is $500. In addition the average cost of storing a coffee table is 150 do..
Give a brief overview of either the Sarbanes Oxley Act or the Dodd Frank Act. How does it regulate publicly traded corporations, and create transparency? Give 2 specific examples of the requirements in the law to improve responsible behavior in corpo..
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