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Herman Hahn is attempting to set up an integrated forecasting and inventory control system for his hardware store, Hahn's Hardware. When Herman indicates that outdoor lights are a seasonal item on the computer, he is prompted by the program to input the seasonal factors by quarter. Unfortunately, Herman has not kept any historical data, but he estimates that first- quarter demand for the lights is about 30 percent below average, the second quarter demand about 20 percent below average, third-quarter demand about average, and fourth- quarter demand about 50 percent above average. What should he input for the seasonal factors?
You have been hired as a consultant by your local town newspaper, the Midland Clarion. Prepare a report of about 100 words in which you assess the risks of switching to this advertising-subscriptions mixed revenue model for the Clarion.
Write the constraints for the fabric requirements and write the constraints for the total number of shirts of each style produced.
Choose 3 potential opportunities you see for entrepreneurial ventures in the next 10 years. What skills and knowledge would you need to pursue these opportunities? What type of personal characteristics would be needed to pursue these opportunities?
Compare and contrast the tasks involved in recruiting new customers and recruiting new franchisees. From a franchisee’s perspective, what are the key benefits of belonging to the APM franchise in (a) the first year and (b) the third and subsequent ye..
As an employer, suppose you find it costly to monitor employee effort 100 percent of the time. What compensation options are available to ensure that you get appropriate levels of employee effort? What factors would you consider in choosing among the..
Give a brief description of each of the following problems: transportation, assignment, and transshipment. Your examples should clearly distinguish among the types. why it is important for companies to group their customers into segments. What are fo..
Identify an organization that you believe is using rear-view metrics. Describe their marketing strategy and the rear-view metrics they are using to assess their strategy. Then explain how their use of these metrics is influencing (positively and/or n..
The Systems Development Life Cycle (SDLC) model may not be an appropriate methodology in IT application development situations where the system specifications are not well defined or when the problem to be solved is an ‘ad-hoc’ problem with a very lo..
Evaluate the different forms of business ownership to determine the optimal structure in different scenarios and the process for a business start-up.
Five-paragraph review of the Sinshelmer, Grout, Namkoong, Gottlieb, and Latif (2007) dry cleaning article,including an explanation of the common dry cleaning process using perchloroethylene (PCE), problems with PCE,and a review of options to PCE pres..
Do businesses have free speech rights? If so, what kind of speech gets the most protection? What are the limits on the free speech of businesses? What are both Procedural and Substantive Due Process?
List and briefly discuss three different measures of market power for a firm or industry. Explain why the United States Justice Department is concerned about issues of market power and why managers must be aware of those issues.
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