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David Upton is president of Upton Manufacturing, a producer of Go-Kart tires. Upton makes 1,000 tires per day with the following resources: Labor: 400 hours per day @ $12.50 per hour Raw material: 20,000 pounds per day @ $1 per pound Energy: $5,000 per day Capital costs: $10,000 per day a) What is the labor productivity per labor-hour for these tires at Upton Manufacturing? b) What is the multifactor productivity for these tires at Upton Manufacturing? c) What is the percent change in multifactor productivity if Upton can reduce the energy bill by $1,000 per day without cutting production or changing any other inputs?
The purchasing agent for a company that assembles and sells air-conditioning equipment in a Latin American country has noted that the cost of compressors has increased signi?cantly each time
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You are part of a group of newly hired team superintendents with Riordan Manufacturing. Your group was hired to lead new teams and begin production of the newly designed CardiCare Valve heart valves.
How does corporate strategy differ from business strategy. Give me an example of each. Discuss the different approaches to globalization strategies.
How can managers and HR departments minimize the likelihood of disputes arising over whether employees are continuing to perform at the same level?
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