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Over the past 12 months, Super Toy Mart has experienced a demand variance of 10,000 units and has produced an order variance of 12,000 units.
a) What is the bullwhip measure for Super Toy Mart?
b) If Super Toy Mart had made a perfect forecast of demand over the past 12 months and had decided to order 1/12 of that annual demand each month, what would its bullwhip measure have been?
Employee turnover in the hospitality industry averages 400% annually. This means that, on average, 100% of the staff of a restaurant, hotel, airline, cruise ship, etc. is replaced four (4) times per year.
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Sylvia possesses two items of business equipment. They were both purchased in 2006 for $100,000, both have a seven-year recovery period as well as both have an adjusted basis of $37,490.
GE is introducing a 52-inch big screen, What strategic recommendations would you make to GE regarding the initial target market for the new big screen HDTV?
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Leaders at AIG argued that they were obligated to pay bonuses to executives even after the company was bailed out by the U.S. government because of the company's contracts with these executives.
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