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Give an example of a micro cost estimation formula. How reliable and or accurate is it?
Discuss its importance to the business. Discuss how the botom-up (WBS-based formula ) for the same estimate might disagree and what that means.
Who is responsible for strategic thinking? Do small business owners need to perform strategic planning or just large firms? Why do you think large companies would be willing to pay business students to propose solutions to their strategic dilemmas in..
Shop is located in a small college town. Virtually all of its phone delivery orders are in the evening, between 5:00 PM and 1:00 AM, so the shop has a delivery person for that time period. It receives an average of about 3 orders per hour (Poisson di..
Projects often cross many functional boundaries, with team members reporting to different functional managers. This cross-functional aspect can create problems with roles and responsibilities. You decide to use an RACI to help with this situation. Yo..
Create 3 Employee Recognition Programs that would not cost a company any money to implement. Provide the full details (step by step details) on how the Employee Recognition Programs would be implemented
The following is a quote from a news article: "If a company makes product donations to the school- computers for instance - then the image of a. company goes up as graduate students use the company's products." Does such action consistent with a comp..
For what value of ordering cost would its action be optimal? - If the true ordering cost turns out to be much greater than your answer to (a), what is the impact on the firm's ordering policy?
Discuss the leadership style, visionary, coaching or affilative, that would be the best in the given situation below and prvide support for your choice.
Illustrate integrative learning in outlining the components of the program, their importance and why the program should be developed. Integrate research from the course text, other academically appropriate resources, and personal experiences.
Kristen and Marlon own K&M, a company that produces cable assemblies. Business has been good so Kristen and Marlon have decided to expand their product line to include a new cable product, which will be manufactured in the current facility.
The price of each valve is $76, the inventory carrying cost is $5, and the ordering cost is $150 per order. What is the economic order quantity?
During busy times of the year, a hotel, convention center, or meeting hall may have more demand than meeting space available. When your demand for rooms is greater than the number of rooms you have available, discuss how a sales team would determine ..
What are three ethical issues an OM must deal with when dealing with supply chains in relation to ethics and sustainability. Provide an example.
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