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Karla's candle factory is considering two different machines. Machine A is highly automated with FC of $25,000 and VC of $.1/candle. Machine B is actually no machine but rather hand labor with FC of $10,000 and VC of $.5/candle. If demand for Karla's candles is 25,000, which machine should she pick?
Evaluate two (2) key changes in J.C. Penney's management's style from the company's inception to the current day. Indicate whether or not you believe the company is properly managed today. Provide support for your position.
what is the standard deviation, mean, and variance of a Poisson distribution with an arrival rate of 21 customers per hour? This is a M/M/1 or M/G/1 service model, and CVa=1(coefficient of variation of arrival).
develop a hypothesis test that can be used to determine whether the mean price of a gallon of the regular gasoline in the Chicago area is Different than 4.15
What are the key planning factors for competitive success? Provide an example of an organization that has achieved competitive success through planning.
Read the entrepreneur's dilemma and the questions that follow. Identify the legal issue(s) and apply legal concepts and possible arguments for each question.
Division X is growing and is in constant need of trained employees. The demand rate for trained employees is relatively constant at 5 each month. The division can run a training program that costs $5,000 per offering regardless of class size.
The unit-manufacturing costs for producing the different parts at the four plants are shown in the subsequent table. Explain how should Ho assign the new products to the plants to minimize manufacturing costs.
For this Discussion Forum, please document all of the steps needed to create a specific strategic group map for the beer industry. Then create a strategic group map, based upon the following industry definition:
Illustrate what are the 5 essential feature of the queuing systems at the consumer service counter, the garage also the car wash at thrifty car rental.
Managers like Janis Blancero face a more complicated decision when evaluating personal requests of employees versus evaluating employees individual work performance. Explain.
Jerry Smith is thinking about opening a bicycle shop in his hometown. Jerry loves to take his own bike on 50-mile trips with his friends, but he believes that any small business should be started only if there is a good chance of making a profit.
Compare and contrast project management and scenario planning techniques with particular emphasis on the implications of the techniques for the manager and the organization
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