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A fast-food restaurant has a drive-through window and during peak lunch times can handle a maximum of 60 cars per hour with one person taking orders, assembling them, and acting as cashier. The average sale per order is $7.00. A proposal has been made to add two workers and divide the tasks among the three. One will take orders, the second will assemble them, and the third will act as cashier. With this system it is estimated that 100 cars per hour can be serviced. All workers earn the minimum wage. Use productivity arguments to recommend whether or not to change the current system
The economic production quantity is 500 units (units are delivered to the user department as they come off the production line). If the firm decides to buy this item from an outside supplier rather than producing it, the economic purchase quantity..
Describe the data: 1. Is it qualitative or quantitative? 2. What is the level of measurement: nominal, ordinal, interval, or ratio? 3. What is the most appropriate measure of central tendency? 4. What is the most appropriate measure of dispersion? 5...
Seller and buyer execute a contract for 500 jogging shoes. The contract has all the basic terms, except the parties “agree to agree” on the price per shoe at a later date. a. Is there a contract? b. If so, what happens if they later fail to agree? c...
In what ways are the financial markets and financial intermediaries important, in terms of the aggregate economy?
What were the issues/hazards noteworthy in this case? This should be at least a couple of paragraphs in length. What OSHA standards/regulations were cited as violations in the case. Remember, in most cases these with be CFR 1926. This section coul..
The details of the case are set forth. You are to decide if direct-to-consumer advertising of pharmaceutical drugs is ethical.
In what ways if any has the media's agenda-setting power on public perceptions, consumer behavior or important issues in society affected you or someone close to you? Is there anything you could or would want to do about that impact? Explain your ans..
To effectively manage relationship capital in the increasingly complex global business environment requires an understanding of its nature. Is relationship capital dominantly internal or external to the organization? Why?
Steve is a contract carrier for the United States Postal Service. He has been hauling mail for nearly thirty years. His current contract is to haul mail between 20 cities in the eleven western states. Steve currently has a fleet of 16 tractors and em..
Write a statement of work (SOW) describing the project deliverables and scope of the effort. You will need to make creative assumptions based on the outline provided in the scenario. The emphasis here is on demonstrating your understanding of the ..
Draw several conceptual models to represent relationships that could be tested with the survey. Be sure to include comparisons of the Santa Fe Grill and Jose’s Southwestern Cafe.
An oil refinery produces two products: jet fuel and gasoline. The profit for the refinery is $0.10 per barrel for jet fuel and $0.20 per barrel for gasoline.
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