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A real estate agent is considering changing her cell phone plan. There are three plans to choose from, all of which involve a monthly service charge of $20. Plan A has a cost of $.42 a minute for daytime calls and $.17 a minute for evening calls. Plan B has a charge of $.52 a minute for daytime calls and $.15 a minute for evening calls. Plan C has a flat rate of $80 with 275 minutes of calls allowed per month and a charge of $.38 per minute beyond that, day or evening.
Suppose that the agent expects both daytime and evening calls. At what point (i.e., percentage of total call minutes used for daytime calls) would she be indifferent between plans A and B? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places. Omit the "%" sign in your response.)
A publisher sells books to Borders at $12 each. The marginal production cost for the publisher is $1 per book. Borders prices the book to its customers at $24 and expects demand over the next two months to be normally distributed, with a mean of 20,0..
draw a graph illustrating the crossover (or indifference) point
For every operation, there needs to be a list of personnel and the times that specific personnel are likely to be occupying an area, in addition to any clients or customers who are likely to be on premises. What plans will you make now to ward off th..
A truck driver is hired on as an employee and is tasked with driving 1000 pounds of grain from California to New York. There is one direct route that the employee is instructed to take. Who is liable for the man's death? The company or the driver? Wh..
A team works for 300 days/year and management wants each team to have a capacity cushion 30 days per year. How many teams have to be deployed by the company to complete the project in one year.
Identify some of the best practices that leading companies using 3PLs have embraced. What value-added considerations would you take into account when considering the use of a 3PL? Which 3PL would provide the most suitable service to your organization..
How might principles of scientific management be useful to spring industries?how might principles of scientific management be useful to spring industries?
Lincoln electric is gradually moving toward using a more traditional approach to pay, putting less emphasis on earnings at risk. What strategic objectives would lead the company to conclude that a more traditional approach to pay may be more effec..
Is it possible for a world-class organization to achieve superiority in all five competitive priorities--price (cost), quality, time, flexibility, and innovation? Explain your reasoning. Provide examples pro or con.
What are the forces for global convergence in a labor system? What are the forces for a labor system to maintain divergence or establish a divergent system?
A new company claims it manufactures the best dog food in the market. It employs around 250 people worldwide. After six months in business, one of the company's brands is found to contain harmful bacteria.
It is now the end of a review cycle. You are expecting a previously ordered shippment of 520 units to arrive within a week and you physcally have 493 units on hand.
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