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Helen, age 17, wanted to buy a Harley-Davidson “Sportster” motorcycle. She did not have the funds to pay cash but persuaded the dealer to sell the cycle to her on credit. The dealer did so partly because Helen said that she was 22 and showed the dealer an identification card that falsely stated her age as 22. Helen drove the motorcycle away. A few days later, she damaged it and then returned it to the dealer and stated that she disaffirmed the contract because she was a minor. The dealer said that she could not because (1) she had misrepresented her age and (2) the motorcycle was damaged. Can she avoid the contract?
In an outpatient clinic there are only one nurse and one doctor, and they visit patients by appointment. Yesterday, there were 5 patients scheduled to arrive, one every hour from 8am to noon. Is the tool worth its cost? determine (i) total busy time,..
Company XZC sells its Lenex Brand to four different segments-A, B, C, and D. The variable cost for Lenex is $15. The size of each segment is 1000 people.
From the-Activity, compare and contrast the manner in which VectorCal and other businesses that you researched analyze overhead costs. Select two to three (2-3) methods that the businesses in question used for allocating costs for the analysis of the..
A local beverage company distributes an energy drink that has a constant annual demand rate of 5,000 cases. Ordering costs are $80 per order and inventory holding costs are estimated at $5.00 per case per year. What is the Economic Order Quantity (EO..
What activities would be included in the value added time of fast food hamburger preparation and delivery? Why are these part of the Value Added Time?
Consider ways in which reverse logistics has impacted your life, as a consumer. How has reverse logistics affected you as a member of your organization or industry? Briefly describe potential areas for improvement within your organization or industry..
Information technology and management information systems allow organizations, regardless of size, to communicate, collaborate, share information, make data driven decisions, and monitor all aspects of performance. Discuss specific ways information t..
List the possible negative consequences that organizations are likely to experience if employees do not understand their total compensation. Identify at least 3 consequences in your answer. Then, consider yourself the HR Manager - what would you do t..
Annual demand for number 2 pencils at the campus store is normally distributed with mean 1,000 and standard deviation 250. The store purchases the pencils for 6 cents each and sells them for 20 cents each. Find the optimal values of the reorder poin..
Demand is for 1200 units in January, 1400 in February and 1600 in March. The firm has 4 planning strategies at hand - inventories, regular time, overtime and subcontract. Assuming that back orders are not permitted, set up a production plan that mini..
This is a long term strategic decision in which factors might change in the next 10 t0 20 yrs. Elucidate how will this influence the decision.
StopNShopToday, Inc.'s management team has implemented several of your ideas on incentive pay and is now reviewing the company's performance appraisal forms. These appraisal forms are very old: No one remembers where the forms came from or who mad..
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