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Your firm designs PowerPoint slides for computer training classes, and you have just received a request to bid on a contract to produce the slides for an 8 session class. From previous experience, you know that your firm follows an 85 percent learning rate. For this contract it appears the effort will be substantial, running 50 hours for the first session. Your firm bills ate rate $100/hour and the overhead is expected to run a fixed $600 per session. The customer will pay you a flat rate per rate per session. If your nominal profit margin is 20 percent, what will be total bid price, the per session price, and at what session will you break even?
Explain the difference between a mission and vision statement. Discuss why mission statements are important in performance improvement and why a solid mission statement (describing
For you personally, do you consider employee empowerment and participation important? Would you take a job where you are not empowered?
Explain the similarities and differences of Medicare and Medicaid managed care plans by comparing and contrasting the following three issues: Strengths, weaknesses and incentives b
explain the evolution of operations management, highlighting the key stages of developments taken place in the operations management practices in modern day organizations.
National origin discrimination is prohibited against a job applicant or employee. Besides discriminating against the job applicant or employee directly, how else might national ori
1. Discuss how you interpret the statement 'ERP is the 'meat and potatoes' of the organisation'. 2. What are the key issues when implementing an ERP system? 3. How will tra
The home goods department of a large department store sells 175 units per month of a certain large bath towel. The unit cost of a towel to the store is $2.50 and the cost of placin
Why do projects start slow and end slow?
Explain the importance of performance appraisal. Significance of performance appraisal: This is helpful in operational decisions of personal management relating to pay rais
Illustrate the overview of operational functions or departments? Organisations create products or deliver services and act rely heavily onto operational processes to create eff
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