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What is Lean and Six Sigma? How do companies use Lean & Six Sigma philosophies to manage business and manufacturing processes? How does the JIT Inventory concept enable this process management?
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The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. The miles driven during the past 5 years are as follows; Which forecast is more accurate using th..
What are the major threats to Google's ability to serve its stakeholders
What are the total tax savings as of 12/31/2011 that ABC has realized as a result of using the LIFO inventory method? What would ABC's pre-tax earnings have been in 2011 if they had been using FIFO
Would your portfolio be riskless? Explain. Now suppose the portfolio consists of $250,000 of 30-day Treasury bills. Every 30 days your bills mature, and you will reinvest the principal ($250,000) in a new batch of bills. You plan to live on the inves..
The idea of global warming has not been universally accepted. Discuss how the law must balance competing scientific opinions and make decisions in light of uncertainty. How should this be done? Discuss the different stakeholders who have concern in t..
Suppose a company charges a premium of $150 per year for an insurance policy for storm damage to roofs. Actuarial studies show that in case of a storm, the insurance company will pay out an average of $8000 for damage to a composition shingle roof an..
What are the most commonly used quantitative criteria to evaluate strategies? Give several examples of these criteria.
Lynch Associates, Inc., a property development firm, purchased an old house near the town square in Big Rines, where Country University is located. The old house was built in the mid-1800s, and Lynch Associates restored it. For almost a decade, Lynch..
Find the value of the policy variable, a, that expresses the amount of implied safety stock in this system.
Survey results are often reported in newspapers, the evening news, magazines, and even on Facebook! Consider a recent survey reported (about any topic!). Should you accept the results of the survey as accurate? Why might results be inaccurate? List a..
For many months, your prospective ERP customer has been analyzing the hundreds of assumptions built into the $900,000 ERP software you are selling. So far, you have knocked yourself out to try to make the sale. If the sale goes through, you will reac..
American Capitalism. Is a large discrepancy between executive pay and that of the average worker unfair to the worker? Is it unfair to increase a CEO's compensation at the same time that he or she downsizes
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