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Over the past decade, there have been major strikes and demonstrations by fast food workers in cities across the United States, many of them financed by the Service Employees International Union (SEIU). Using the analytics of Marshall’s Rules of Derived Demand, discuss whether or not unionizing fast food workers is likely to be successful. (Where successful means higher wages with little employment loss.) I will inform you that previous studies have found that consumers of fast food are quite responsive to price changes (A recent meta analysis found that the elasticity of demand estimate for “food away from home” is quite high—on the order of 0.8. Intuitively this makes sense as there are many substitutes for fast-food that would suggest a high demand elasticity for products in this industry.) If you do not know a relevant piece of information make an educated guess or state what would be the ideal case for fast food workers. Be sure to discuss all 4 elements that determine the elasticity of demand.
Inn at Penn has 200 rooms. For regular-fare customers, rooms are priced at $300 per night while the rooms are priced at $700 per night for the high-paying customers who generally arrive at the last minute. What should the protection level for the hig..
Every performance management system needs to utilize technology.
Describe the provisions of Americans with Disabilities Act (ADA) of 1990. How is it different from other Equal Employment Opportunity (EEO) laws?
An event- and probability-based network analysis system generally used in projects where activities and their durations are difficult to define.
You manage a product with demand rate of 1600 units per year. The fixed order cost is $10, and the variable purchasing cost is $4 per unit. You calculate holding cost at $0.80 per unit per year. EOQ=200 units
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How many machining centers must be devoted to widget production during the given week, if there are 90 hours of available time on each machining center?
Brightburst suggests that parents give their children a vitamin along with a healthy breakfast and to do this repeatedly. Eventually, children learn that sitting down to a delicious breakfast and taking a vitamin go hand-in-hand. This type of learnin..
Apply the Theory of Constraints methodology to identify the potential bottleneck.
develop a problem statement that is 250- 300 words. the topic of the problem should be turnover. develop it as a
Discuss the similarities and differences among employee voice, interactional justice, and informational justice. Can you give an example of each one?
Assesses how the overall management teams perform in terms of the four functions of management.Identifies and explains the strong points of the managers.
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