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Q. An innovative restaurateur owns also operates a dozen Ultimate Low-Carb restaurants in northern Arkansas. His signature item is a cheese-encrusted beef medallion wrapped in lettuce. Sales (X, in millions of dollars) are related to Profits (Y, in hundreds of thousands of dollars) by regression equation Y = 8.21 + 0.76 X. Illustrate what is your forecast of profit for a store with sales of $40 million and $50 million?
Management wants each employee to learn several jobs so that the production group can be more flexible. Describe one type of reward system that would best motivate employees to learn several jobs and identify a potential disadvantage of this rewar..
What do you think about this situation? Should parties to a sales contract be able to rescind a contract because of mutual mistake of fact? Why or why not? Did either party act unethically in this case?
RVW (Restored Volkswagens) buys 15 used VW's at each of two car auctions each week held at different locations. Formulate this problem as a transshipment linear programming model. Solve the problem using the computer. Provide a Excel file.
Suppose which instead of a faucet, a 5 gallon container is used for filling the bathtub (Suppose it's full also next to the tub to begin with), it takes 2 hours to refill the container also return it to the bathtub. Elucidate what happens to the ..
From the choice of simple moving average, weighted moving average, exponential smoothing, and linear regression analysis, which forecasting technique would you consider the most accurate? Why?
You depend on committee members to return to their respective departments and implement decisions made by committee. You are glad that most members appear to be sincerely interested in improving coordination among departments.
There is no word count. How does mode of transportation change when market place becomes global rather than just domestic. Is there any difference? Please give an example.
Presently, they purchase separate truckloads from every supplier. Elucidate what is the corresponding minimal annual cost. Elucidate what is the cycle inventory of every component.
Elucidate how many hrs do you expect the assembly of the 100th unit to take. Is the contract‘s assumption about the average labour hrs per unit valid or should the price be revised.
nternal customers in organizations, Distribution resource planning (DRP), Electronic data interchange (EDI), Stocktaking, inventory policy, Shelf life of products, Limited storage space
Make the management-research question hierarchy for the management dilemma at your place of employment or at an organization for which you volunteer. A presentation of company and dilemma which may need research. Discussion includes the company, s..
Explain why you agree or disagree with affirmative action and explain how affirmative action may be affected by growing workforce diversity.
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