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Please give a detailed explanation for the following scenario: Your industry practices reporting "bookings" for contracted business. The level of bookings influences your company's stock price. You are in negotiations for a large contract that you feel sure you will get. It is the end of the quarter and your boss wants you to report this "deal" as booked even though you don't have the customer's agreement verbally or in writing. What do you do? Please give a detailed answer.
Describe What happens if balance doesn’t exist
A transportation problem can be solved by two methods using (a) simplex methods and(b) transportation method. We shall illustrate these with the help of an example. Exam
Why is quantitative risk so important in risk mitigation? Explain how you have seen this in action in life or in your organization.
1. How much of an impact does "maturity" level of the industry or company have on strategy? 2. Can you be innovative in a mature industry? 3. Can you be conservative in an in
A large school district is revaluating its teachers' salaries. They have decided to use regression analysis to predict mean teacher salaries at each elementary school. The research
The owner of Genuine Reproductions (GR), a company that manufactures reproduction furniture, is interested in measuring inventory effectiveness. Last year the cost of goods sold at
Case Study 5-2: The Interfering Administrative Assistant Decision-Making Scenario 1. Relying on the concepts presented in chapters 10 and 11, identify the theories and concepts of
Identify the feasible region for the following set of constraints: 3A - 2B ? 0 2A - 1b ? 200 1A ? 150 A, B >=0 This will need to include graphing or I will not ra
Operations Management Activities - Responsibilities of Operations Managers The nature and responsibility of operations managers is changing. Once operations or production mana
A manufacturing facility consists of five departments, 1, 2, 3, 4, and 5. It produces four components having manufacturing product routings and production volumes indicated below.
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