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A cosmetics manufacturer’s marketing department has developed a linear trend equation that can be used to predict annual sales of its popular Hand & Foot Cream. Ft = 80 + 15t where Ft = Annual Sales (000 bottles) t = 0 corresponds to 1990 a. Are annual sales increasing or decreasing? By how much? Annual sales are by thousands bottles per year. b. Predict annual sales for the year 2006 using the equation. Annual sales are thousands of bottles.
Productivity and Productivity Growth Wells Fargo Bank employs four loan officers, each working eight hours per day. Each officer processes an average of 4.0 loans per day. What was the labor productivity (in loans per labor hour) for the bank? What i..
What dangers are inherent in NOT evaluating training programs?
A burger joint experiences demand at the rate of 150 customers/hr in its peak lunch time rush hour. They have the capacity based on their equipment and labor force to serve only 140 customers/hr. However, the quality of their burgers starts to declin..
Why is it important to decompose demand into these components (base demand, seasonal, trend, cyclic, promotion, and irregular) when developing new forecasts?
Zeta Automotive Limited has designed a new engine component (code name FE73) that can potentially increase the fuel efficiency of a car to approximately 72 miles per gallon. ZAL supplies its components to automotive assembley plants. The automotive a..
What is probability that the project can be completed in 24 days or less? In 21 days or less? Suppose it is now the end of the seventh day and that activities A and B have been completed while activity D is 50 percent completed.
What is "channel conflict"? Describe two or more examples of actual channel conflicts between channel members in the same distribution channel and suggest ways that an organization might manage the situation to reduce or eliminate this conflict.
Think about a conflict you have experienced either in the workplace or in a significant personal relationship. Describe the situation briefly and consider which response to conflict was demonstrated by either you OR the other person in the conflict. ..
When Apple raised the price of iTunes from 99c to $1.29, GS Boyz’s “Stanky Legg” sales dropped from 22,686 units to 19,692 units (Glenn Peoples, “iTunes Price Change: Sales Down, Revenue Up in Week1,” Billboard April 15, 2009). What was the song’s ar..
What role does effective interpersonal communication play in decision making within organizations? Using a practical example, what are the benefits and potential problems associated with conflict? What is negotiation? What are the common negotiation ..
How is the project progressing in terms of cost and schedule. What activities have gone well. What activities have not gone well. What do the PCIB and PCIC indicate in terms of how much of the project has been accomplished to date
Which if any of the resources are over allocated? Assume that the project is time constrained and try to resolve any over allocation problems by leveling within slack. What happens? What is the impact of leveling within slack on the sensitivity of th..
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