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1. Why do price differences in world markets often lead to gray marketing?
2. What is a transfer price? Why is it an important issue for companies with foreign affiliates? Why did transfer pricing in Europe take on increased importance in 1999?
You operate a small wooden toy company making two products: alphabet blocks and wooden trucks. Your profit is $30 per box of blocks and $ 40 per box of trucks. Producing a box of blocks requires one hour of woodworking and two hours of painting; prod..
Old Japan Pottery Co. produces glazed bowls and jugs using two furnaces, one to fire the clay and another to set the glaze. A bowl takes 2 hours to fire in the first furnace, and 1.5 hours for the glaze to set in the second furnace. A jug takes 3 hou..
Think about the delicate relationship between business managers and the IT managers. Is it more important for the business managers to understand IT or is it more important for the IT managers to understand the business model? Subsequently, should in..
Determine whether benchmarking would be useful for improving the quality of Dell Inc. product.
Discuss the various types of radiation that a safety professional might encounter and some methods for protecting oneself against it
Consider a continuous review inventory system. Demand is normally distributed with an average of 36,000 per month and a monthly standard deviation of 320 units. Lead time is one week (assume four weeks per month). If the firm desires an 83% cycle ser..
What are two (2) challenges in implementing an OPM plan? How can this plan be evaluated and information used to improve ongoing implementation of the plan? Comparing it to Bryson's Strategy Change Cycle?
Sadie is looking to buy a new pair of running shoes. She tells the sale person that she is a marathoner and need shoes for distance. The salesperson suggests that Sadie buy a pair of Mercury running shoes. What type of warranty has been breached
Racer contracted in writing to drive Owner’s one-of-a-kind, specially designed championship race car in the Miami 500 Race on July 15 for a fee of $2500. On July 1, the race car was destroyed in an accidental fire in a storage warehouse where the rac..
Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. Lead time for each order is 3 days, and ..
write a report to the CEO of an organisation advising him/her on how to balance actions in both the structural and infrastructural decision areas of operations management to form a coherent and consistent operations strategy.
The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $25, the overhead rate is 1.0 times labor cost, and material cost is $8 per customer. Compute the expected lab..
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