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Racer contracted in writing to drive Owner's one-of-a-kind, specially designed championship race car in the Miami 500 Race on July 15 for a fee of $2500. On July 1, the race car was destroyed in an accidental fire in a storage warehouse. Owner owns no other race cars, so Owner considered the contract discharged. Racer claimed that she is still entitled to the $2500 fee because she and Owner had a valid enforceable contract. Compare and contrast the rights and obligations of Racer and Owner under the contract as of July 1.
K=35,000lb/in^2 and n=0.40 for a metal used in a forming operation in which the workpart is reduced in cross-sectional area by stretching.
Johnson was asked to bid on a follow-on contract for another dozen receiver/transmitter units. Ignoring any forgetting factor effects, what should Johnson estimate time and parts costs to be for the dozen units. (Hint: there are two learning curve..
What are some of the factors which could affect the dynamics of the relationship between client and practitioner?
The bank paid the checks and requested reimbursement from MJZ. When MJZ refused to repay the bank, it sued MJZ for recovery of the amounts. How should the court rule?
Provide one example of a situation in which it seems to be more important for a business to be ethical rather than lawful, and one example of a situation in which it seems more important for a business
Explain how does culture affects the role of pay as a motivating force for employees. Would this issue be raised differently in the United States.
Discuss several advantages of using the M/M/1 waiting line queuing model. Clearly explain the reasons for your choices.
Illustrates what is the maximum number of applications per hour which can be handled by the present configuration of the process.
Explain how might a global capital market function differently from present-day international market.
Do you concur with the dispute settlement decisions in the World Trade Organization in this case? The panel report? The appellate decision? The arbitration ruling?
During busy periods, a new customer walks into LHS every 15 mins. (with a standard deviation of 15 mins). At SHC, a customer walks in every hour (with a standard deviation of 1 hour) LHS has a staff of 4 barbersm while SHC has 1 barber.
Articulate key aspects of operations management. Explain why operations management is important to managers in various organizational areas. Please provide specific examples.
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