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Jan Kottas is the owner of a small company that produces electric knives used to cut fabric. The annual demand is for 8,000 knives, and Jan produces the knives in batches. On average, Jan can produce 150 knives per day; during the production process, demand has been about 40 knives per day. The cost to set up the production process is $100, and it costs Jan $.80 to carry a knife for 1 year. How many knives should Jan produce in each batch?
How will different cultural perspectives of a region impact your global business operations? In your initial response, provide an example of one region
Consider the four major reasons for new business failure. Discuss what specific actions entrepreneurs can take to minimize or avoid these causes of failure.
i according to the theory of constraints which of the following financial measurements can be used to measure the firms
What are the trade-offs between an internal and an external growth strategy? Which approach is best as an international entry strategy?
A successful quality strategy features which of the following elements?
Discuss the effect of any seasonal factors utilizing the process performance data collected each week. Discuss the confidence intervals also their usefulness based on the number of data points.
With examples describe two important employee attitudes. In your answer be sure to explain why those attitudes are important. Managers have the ability to shape employee behaviors. Let’s say you have a female employee who dresses inappropriately for ..
The retailer is not using an order quantity of 500 units. An analyst observes that savings could be realized by using the EOQ. The manager says to forget about mathematics, he has a way of reducing the order cost to only $25/ order.
Illustrates what is the maximum number of applications per hour which can be handled by the present configuration of the process.
Portfolio, program, and projects; what are they, how do they differ, and what is their relationship to the corporate strategy?
Elucidate what is the probability which a random number from the triangular distribution is less than 400. Elucidate what is this probability for the normal distribution.
What types of structures would a firm consider if it was greatly expanding its global operations? What types of organizing problems would it be most likely to encounter?
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