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1. When it comes to hiring in the small business:
a. each hire is very important because bad hires are very expensive.
b. it is only moderately expensive because bad hires can be quickly fixed due to the small businesses flexibility.
c. they tend to be in full compliance of EEOC and HRM laws, more so than large companies because the hiring process is done by very few individuals.
d. the small business owner is almost always in violation of some federal regulation due to the lack of an HRM professional on staff.
2. Once the owner determines an adequate minimum cash balance, what is the next step in creating a cash budget?
a. Forecasting profits b. Forecasting sales c. Forecasting cash receipts d. Forecasting cash disbursements
Given is a historical time series for job services demand in the prior 6 months. Month Demand 1 16 2 15 3 17 4 15 5 20 6 22 a) The MAD based on the Exponential smoothing α = 0.3 method = 2.5258 (4 decimal places)
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Stan Garner resides in illinois and promotes boxing matches for Supersports, INC. an Illinois corporation. Garner created the conect of "ages" promotion- a three fight series of boxing matches pitting an older fighter (george foreman) against a young..
At this point in the course, we have seen some recurring relationships between resource flexibility, and how it impacts the resource utilization vs. queue time or lead time trade-off. Consider the two project scheduling scenarios we examined in Lesso..
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Compare the two scenarios for acquiring a machine for a project for 25 years expected operations,
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Demand for a popular athletic shoe is nearly constant at 800 pairs per week for a regional division of a national retailer. The cost per pair is $54. It costs $72 to place an order, and annual holding costs are charged at 22% of the cost per unit. Fi..
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