About letting the market handle the issues

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1. Should the states and CFPB back off and let the marketplace handle issues related to payday lending and those raised in the video the Business of Poverty? What would Christopher Stone say about letting the market handle the issues?

2. Consider a work center with a demand rate of 50 parts per hour and using a container that can hold 12 parts. It is estimated that the container takes 1 hour to cycle through the work cell. Assume a safety stock level of 10 percent. What is the value of T for this system?

3. You discover with dismay that, because of the tight economic climate, your company has instituted a wage freeze. Your performance during the year has been outstanding and you have made a worthwhile contribution towards company profits. You feel you deserve a salary adjustment. Write a letter to your general manager asking for a wage increase, giving reasons for your request.

Reference no: EM132214839

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