At a recent meeting one of your coworkers stated that using

Reference no: EM13600568

At a recent meeting, one of your coworkers stated that "Using the right analysis tool will compensate for inexperienced managers."How would you reply to your coworker? Consider the following items in your discussion:Do the tools help only in certain situations such as routine, daily or rather mundane decisions, like cost controls, quality controls or staffing questions (in term of number of people needed)?How can analysis tools help the finance or accounting arms of a company more so than operations managers? (For example, do computers really think? Do they learn from their mistakes? Can they manipulate or change their environment?)What happens if the data entered is wrong

Reference no: EM13600568

Questions Cloud

If you had to decide whether to continue making a component : if you had to decide whether to continue making a component part or to begin buying the part from an overseas supplier

It took a contractor 1285 hours to manufacture their first : it took a contractor 1285 hours to manufacture their first unit of an item. if the contractor expects to achieve a 92

The 20-year bonds mature on december 31 2017 and are : riley co. has outstanding 40 million face amount of 15 bonds that were issued on january 1 1998 for 39000000. the

Discuss its conceptual merit with respect to 1 the value of : depreciation continues to be one of the most controversial difficult and important problem areas in

At a recent meeting one of your coworkers stated that using : at a recent meeting one of your coworkers stated that using the right analysis tool will compensate for inexperienced

Justin corp estimates that an investment of 800000 would be : justin corp estimates that an investment of 800000 would be needed to produce and sell 20000 units of a new product

Begone manufactures spray cans of insect repellent on : begone manufactures spray cans of insect repellent. on august 1 2010 the company had 9800 units in the beginning wip

What would you expect to happen to the market price per : marigold enterprises is authorized to issue 1000000 shares of 6 par value common stock. since incorporation 550000

Brad jolie recently decided to open a restaurant : brad jolie recently decided to open a restaurant specializing in new orleans cuisine. he purchased a restaurant

User Account

All Pages