Mini-market franchises

Assignment Help Operation Management
Reference no: EM131627306

The AM/PM Franchise association was a group of 150 owners of ARCO Mini-Market franchises in Pennsylvania and New York. Each owner had an agreement to operate a gas station and mini-market, obtaining all gasoline, food, and other products from ARCO. The association sued claiming that ARCO had experimented with its formula for unleaded gasoline, using oxinol, and that the poor-quality gas had caused serious engine problems and a steep drop in customers. The association demanded (1) lost profits for gasoline sales, (2) lost profits for food and other items, and (3) loss of goodwill. The trial court dismissed the case, ruling that the plaintiffs claims were too speculative, and the association appealed. Please rule.

Reference no: EM131627306

Questions Cloud

Dedicated team approaches to managing projects : What are the relative advantages and disadvantages of the functional, matrix, and dedicated team approaches to managing projects?
Calculate value of option using black and scholes formula : HSBC stock trades at £475.8 (Pound sterling) per share. A call option on the stock has a strike price of £490 and an expiration date of six months.
Explain why unreliable udp works well for streaming audio : Examples of applications that use TCP and UDP. Explain why unreliable UDP works well for streaming audio and video.
Find out the holding period return of dorothy : Dorothy Santosuosso does a lot of investing in the stock market and is a frequent user of stock-index options. She is convinced that the market.
Mini-market franchises : The AM/PM Franchise association was a group of 150 owners of ARCO Mini-Market franchises in Pennsylvania and New York.
Describe the key components of age-banding methodology : Describe the key components of age-banding methodology.
How would you handle the given risk : How would you handle this risk? Would you accept, reject, transfer, or mitigate it? How did you come to that decision?
How much profit or loss will myles make on the deal : How much profit or loss will Myles make on this deal if the price of Lubbock G&L does indeed drop to $60 a share by the expiration date on the puts?
What challenges might be faced in implementing them : What challenges might be faced in implementing them? How can these challenges be addressed?

Reviews

Write a Review

Operation Management Questions & Answers

  Your own philosophy of corporate social responsibility

Articulate and Defend your own philosophy of corporate social responsibility and explain your corporate social responsibility strategey execution process

  Briefly describe the selected negotiation

Briefly describe the selected negotiation. Examine the issues versus the interests of the parties involved. Determine how this difference affected the negotiation.

  Compare the forecasts created using mean absolute deviation

Compare the forecasts created by these two methods using mean absolute deviation. Which forecasting method would you recommend?

  Find the probability that there are exactly two cars

The minute stop market has one pump for gasoline, which can service 10 customers per hour (Poisson distributed). Cars arrive at the pump at a rate of 5 per hour (Poisson distributed). Find the probability that there are exactly two cars waiting in th..

  Illustrate what is the average number of people in line

Illustrate what is the average number of people in line. Karen raises the price to $5 per cup and takes 60 seconds off the service time.

  High seasonal effects is personal income tax preparation

A service with high seasonal effects (or "seasonality") is personal income tax preparation. One with low seasonality is men's haircuts. Name another product or service with NO or LOW seasonality.

  Project managers can address conflicts

Suggest two different ways that project managers can address conflicts.

  Rationalizations found in explaining unethical behavior

In your own words, describe the advantages of cultural diversity within an organization and how it can gain a competitive advantage from the cultural differences. "would combining project management mythologies to fit the project get confusing for pe..

  What are the implications for management

What are the implications for management if it has forecast its cost on the optimum line? What could be causing the fluctuations above the optimum line

  Use a chase strategy that varies the workforce level

The Barberton Division of Road Maintenance is charged with road repair in the city of Barberton and the surrounding area. Cindy Kramer, road maintenance director, must submit a staffing plan for next year based on the set schedule for repairs and on ..

  What sample size is needed

If the advertising company wants a 90% confidence interval estimate with a margin of error of ±$2,500, what sample size is needed if the population standard deviation is known to be $27,500?

  Apple sustaining strategy

Apple Sustaining strategy? Define big data and describe the technologies for managing and analyzing big data

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd