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Suppose it costs both McDonald’s and Wendy’s $3 (COGS) per their value meal offerings, each sold at the same price of $4. Assume that the cost of inventory for both companies is 30 percent a year. Approximately how much does McDonalds save in inventory cost per value meal compared to that of Wendy’s? You may assume the inventory turns are independent of the price.
You are the manager of a project which will require formal design reviews. a. What are key places, times, or events (in the life of the project) that would be good times to hold a design review and why? b. What items would you want an independent rev..
Should organizations have both a vision statement and a mission statement? If you were to lead an organization and you could have only one, a mission or vision statement, which would you choose and why?
How does knowing the customer drive business success? How would you evaluate VALS survey as a method of market segmentation? What types of products do you think would be most helped by VALS?
Conduct an Internet search for information on linear decision-making. Then, discuss your findings and contrast it with what the authors offer in the textbook. Next, discuss how a linear decision-making model could have helped you in making a past dec..
For the Course Project, you will prepare a quality improvement program. Continuous quality improvement covers many areas. Throughout the course, pay particular attention to what attributes constitute a quality improvement team and what questions t..
etermine the absolute shortest length of time in which the telemedicine project can be completed if none of the activities are crashed. Determine the shortest length of time the project can be finished if activities on the critical path are crashed..
Tickets cost $25, and if the particular bus run is full, a passenger with a reservation is given passage on a rival bus line, a cost of $60. What should Greybeard's overbooking policy be?
Explain the BEST strategic planning and implementation/execution you have observed. Discuss fully. Explain the WORST strategic planning and implementation?
post a 150- to 300-word response to the following discussion question what are your personal and professional reasons
Describe some key principles for making performance appraisal as effective as possible. 3. What are the five stages/ key principles you should put into action for an effective performance appraisal?
In a production run of 300 units, there are exactly 20 defective items and 280 good items. What is the probability that a randomly selected item is defective? If two items are sampled without replacement, what is the probability that both are good?
Recently some Operations Management experts have begun insisting that simple minimizing process velocity, which actually means minimizing the time that it takes to process something through the system.
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