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1. Which of the following is not an objective of performance reviews?
a. Let the employee know where he or she stands b. Improve management-employee relationships c. Provide documentation of views on performance d. Punish poor performance.
2. With ascription-oriented cultures, people in the work environment:
a. tend to be impressed with titles and status b. are rewarded on the basis of their achievements c. tend to dress in a conforming fashion d. encourage the creative expression of ideas
Compute MSE using the most recent value as the forecast for the next period. What is the forecast for month 8? Compute MSE using the average of all the data available as the forecast for the next period.
A manager wants to determine the number of containers to use for incoming parts for a kanban system to be installed next month. The process will have a usage rate of 89 pieces per hour. Because the process is new, the manager has assigned an ineffici..
What is Statistical Process Control? What are the advantages and disadvantages of SPC? Identify two or three applications in your organization that could benefit from Statistical Process Control.
National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Sales (000)Units Feb. 16 Mar. 17 Apr. 11 May. 26 Jun. 20 Jul. 20 Aug. 29 b. Exponential smoothing with a smoothing constant equal..
Clocks sell for $15, radios, for $20, and toasters, for $12. The company desires to know the optimal product mix that will maximize profit.
Scheduling people to work second and third shifts (evening and "graveyard") is a problem in almost every 24-hour company. There can be potentially dangerous issues on the night shift. In addition, ergonomic data indicate the body does not respond wel..
What are some processes and techniques that you would suggest to make the budgeting process work well? Start with general but also provide some specifics as relate to creating detailed project budgets. Be sure to justify why you think your recomme..
A computer-supply mail order house has a memory chip in inventory that it sells to customers around the country. A Japanese manufacturer supplies the item using airfreight.
Does Expanding via Mergers and Acquisitions Make for Sound Corporate Strategy? Provide arguments as noted in your textbook material and any material you may have researched that (YES) a business strategy of expanding its business through mergers and/..
Big data – what is it and how is it used? What is big data? Who utilizes it and why would a company be interested in big data? What does big data provide for a company? What are security concerns regarding big data? What privacy concerns should indiv..
What damage control techniques are available to the public relations team? How are they related to social responsibility? How can consumer promotions be offered over the internet? What is the goal of a major prize giveaway as opposed to smaller prize..
Which of the following is an input to the master production schedule?
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