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Develop a decision tree for the case of a company is operating at full capacity and with product demand rising. The choice is between new equipment and overtime. A 20% rise in sales is anticipated, bringing an increase in profits of $300,000 with new equipment and $150,000 with overtime. But volume might drop 5%; therefore, these are two possible results. If there were a sales drop, profit would be $220,000 with new equipment and $175,000 with overtime. The probabilities are 60% for a sales increase and 40% for a sales decrease.
Explain disadvantages of Division of Labour. (i) Division of labour provide rise to loss of craftsmanship, all workers become Machine -minders and nothing else. (ii) Along w
What were the legal issues in the case of Lewis v. Heartland Inns of America and what did the court decide?
• Prepare a 3 to 5 page paper discussing what conclusions you can reach on the importance of team preparation and member selection to the "Define" stage, and eventual success of Si
Define logos, ethos, and pathos and explain which of these is most important to effective leadership communication
Discuss the four enablers of purchasing and supply chain excellence.
1. Define productivity both as a mathematical ratio and as a systems diagram? 2. Outline how the productivity of an organisation may be improved. 3. Discuss the factors aff
Explain the risks associated with levelling resources, compressing or crashing projects, and imposed durations, or catch-up, as the project is being implemented.
You have just received 10 units of a special sub assembly from an electronics manufacturer at a price of $250 per unit. A new order has also just come in for your computer's produc
What three functions are salaries meant to perform?
Modelling – meaning and process, Certainty and uncertainty in models, importance of understanding data before modelling , modelling with spreadsheet in simple decision situations.
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