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MoviesPlus, Inc. is in its third year of business. The company offers DVD rental to online customers for a fixed monthly fee. For $20 per month, a customer receives three DVDs each month, one at a time as the previous one is returned. No matter how many DVDs a customer uses (up to three), the fee is fixed at $20 per month. Customers sign a contract for a year, so MoviesPlus recognizes sales revenue of $240 each time a customer signs up for the service. The owner of MoviesPlus, Bob Colbert, has heard about GAAP, but he does not see any reason to follow these accounting principles. Although MoviesPlus is not publicly traded, Bob does put the company’s financial statements on the company’s Web page for customers to see. Explain how MoviesPlus would account for its revenue if it did follow GAAP. Explain to Bob Colbert why he should use GAAP, and describe why his financial statements may now be misleading. Do you see this as an ethical issue? Explain.
The primary objective of the project is to encourage students to explore, in modest depth, the operations function of a community business of your choosing in order to connect real-world activity with theory and principle.
Determine the biggest organizational managerial mistake you have seen or read about and determine how this mistake affected the organization.
Seagle's ATV Products manufactures various racks to be used on all-terrain vehicles. One particular rack has an average weekly demand of 240 units and weekly standard deviation of 55. The replenishment lead time is two weeks. Compute the necessary re..
Identify some of the major Institutional Investors that own portfolios in major corporations. What are their expectations? Are there any patterns to the ways in which these institutions invest? Explain and discuss.
The barbecue sauce focal firm described in section 2.3 has manufacturing facilities in the Netherlands which are described as ‘high on quality and reliability, but low on responsiveness’. In order to maximize production efficiency, large batches of e..
What is the typical profile of a venture champion? What do we know about them? What makes the successful?
Identify major potential legal issues as they pertain to employees in the U.S. Examine 4-5 legal issues that differ based on employee location (comparing matters in both Europe and Asia to those in the U.S.).
12-15 slide powerpoint 100-200 words of speaker notes per slide in preparation for your overall logistics white paper
Currently, industry has 20 projects per year and each senior designer can handle 6 projects per year. Illustrate what is current labour utilization of senior designers. Illustrate what do you recommend.
Compare and contrast domestic and global logistics operation and describe the logistics characteristics of a firm moving toward a globally integrated enterprise strategy.
The local Quick Burger fast food restaurant has a drivethrough window. Customers in cars arrive at the window at the rate of 10 per hour (Poisson distributed). It requires an average of four minutes (exponentially distributed) to take and fill an ..
Identify one example of a resource with a very low average utilization rate, and a second example with a very high average utilization rate.
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