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MJZ Corporation had a checking account with Gulfstream Bank. So that customers who close their accounts would not be embarrassed by having their checks bounce, the bank routinely honors checks for 30 days after a checking account is closed. MJZ was not aware of this policy when it closed its checking account. Within 30 days after the account was closed, two outstanding checks written by MJZ were presented to the bank for payment. The bank paid the checks and requested reimbursement from MJZ. When MJZ refused to repay the bank, it sued MJZ for recovery of the amounts. How should the court rule?
Identify one example of a resource with a very low average utilization rate, and a second example with a very high average utilization rate.
Christian runs a small chocolate shop. He manages his chocolate raw material using a periodic review system. Daily demand has a mean of 100 pounds and standard deviation of 10 pounds.
Your boss would like you to suggest changes that could be made to the project that would significantly shorten it. Illustrate what would you suggest.
Explain the difference between rationalist and incrementalist strategy. Who are the main protagonists of the theories? How have the debates regarding these theories.
Illustrate what is the break-even point in dollars for all food sales. Illustrate what is the realistic sales estimates.
Explain how cultural diversity can affect the effective functioning of virtual teams operating in a global economy
Develop a cultural relativist approach and take sides in the events depicted in the case, accordingly. What can you say about the mandatory use of headscarves in Iran?
Illustrate what are some straightforward also less straightforward items organization's needs estimates for; also explain how are these estimated also validated.
Identify how changes in the external environment may affect the OM strategy for a company. For example, what impact are the following factors likely to have on OM strategy?
the expected benefit of selecting machine B is $80,000 with a probability of 50percent also the expected benefit of selecting machine C is $60,000 with a probability of 75percent.
Suppose that the specifications for a part (in inches) are 6.00 ± 0.15, and that the taguchi loss function is estimated to be l(x) = 6,500(x-t)(squared).
Explain the cultural differences and what you would need to adapt to and why in order to connect with the Egyptian market. Discuss how you would adapt these branding ad photos to the Egyptian market.
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