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JJ is selling an exclusive hand-made necklace on eBay. It is estimated that the demand next month is a function of price as follows: d(p) = 100 - 2p
a. What price maximizes JJ's revenue, and what is this maximum revenue?
b. Suppose JJ has only 20 necklaces available to sell next month. What price maximizes revenue, and what is this maximum revenue next month?
Baker Mfg. Inc. wishes to compare its inventory turnover to those of industry leaders, who have turnover of about 13 times per year and 8% of their assets invested inventory.
The business firm is no longer just a place where people come to work. For most of the employees, the firm confers on them that sense of belonging and identity-the firm has become their "village", their community.
Analyze the techniques used to attain speed in a new product project. Discuss how these techniques might be used to bring a new beverage division in an established food company. Deduce the potential risks in a speed to market approach for this com..
Describe what types of quality management processes might be found in each of the organizational structures.
What are your thoughts on this? What are the parameters and the potential implications for failure to adhere to those parameters?
You are in a line at the bank drive-through and 10 cars are in front of you. You estimate that the clerk is taking about five minutes per car to serve. How long do you expect to wait in line?
Discuss the competitive forces model in relation to Amazon and its business strategies use examples to discuss the impact on each force.
Mike is preparting the x-bar chart and the R chart for Uncle Ben's 2lb. box rice packaging line. Using the standard sample size of 9 items. Mike found the average range is .02 lbs and the overal process average is 1.98 lbs.
Some Americans feel strongly that our private enterprise, entrepreneurial model of medicine serves us best in this country and that we should limit government involvement wherever possible
What makes an efficient internal hazard reporting and distribution system? Where are the possible failures in sustaining these in-house programs?
Discuss methods to diagnose employee stress and the specific OD (organizational development practitioner) interventions aimed at alleviating it in the workplace.
Which of these is a basic activity of strategy evaluation?
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