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When materials are stored in inventory for a period of time before being used in the production process, the accounting cost and economic cost differ if the market price of these materials has changed from the original purchase price. Accounting cost is equal to the actual acquisition cost and economic cost is equal to the current replacement cost. After reading the articles "U.S. Car Business in Major Shift" and "Car Making in America", which cost do you feel the U.S. Car industry (GM, Ford, etc.) is most affected by - accounting or economic cost?
Historically, IBM was one of the most tradition-bound companies on the planet. It was famous for its written and unwritten rules-such as its no-layoff policy, its focus on individual promotions and achievement, the expectation of lifetime service ..
Describe and analyze one (1) key business, or personal, or life failure you have experienced. Analyze one important leadership event you have experienced.
GFI manufacturers ping pong tables and has a JIT policy that ending inventory must equal 10 percent of the next month's sales.
Analysis on Mark Cuban as a business man and leadership style?
The current movie database design lacks functionality to support theaters and show times. It is not possible to see what theaters a movie is currently playing in or what movies are being shown at a particular theater. Therefore, we would like to..
What is the difference between tacit and explicit knowledge? From your own experience, describe an example of each.
If the safety stock of 100-units is considered necessary, what will be the reorder level and the total annual cost of inventory which will be relevant to inventory decision?
What circumstances would trigger the applicability of the Statute of Frauds due to the one-year rule?
Describe the stages of group development. For each, discuss what questions the individual asks at that stage, and what the leader should do to facilitate it.
Specify the nature, structure, and types of products or services of Apple, and identify two (2) key factors in the organization's external environment that can affect its success. Provide explanation to support the rationale.
What are the nationalities of the following international companies? What do you conclude about whether the sites were tailored to you according to your locality and language?
Question: When implementing strategies for continuous improvement, what must you keep in mind?
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