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Equity Theory is a powerful concept. If you feel like you work harder than a peer at your job, yet they make more money than you, you will feel that the situation is unfair (inequitable). You may reduce your effort or feel animus toward your peer or your boss or you may steal from your employer. Would you comment on the situation at this college (and many others) in which faculty that are here a long time make more money than newer faculty and may not be working as hard as newer faculty members? What can be done about this situation?
Lou’s Bakery has established that JIT should be used for chocolate chips due to the high probability of the kitchen heat melting the chips. The average demand is 130 cups of chocolate chips per week. The average setup and processing time is day. How ..
Better Fitness, Inc. (BFI), manufactures exercise equipment at its plant in Freeport, Long Island. It recently designed two universal weight machines for the home exercise market. In what specific ways can using a linear programming model provide pro..
What transportation mode has very high initial investment costs but gives a very low cost per mile for products that are highly specialized and require no packaging??
A grocery shop that makes candles offers a scented candle, which can be produced at a rate of 36 boxes per day and used 12 boxes per day. Assume that demand is uniform throughout the year and the shop opens for 360 days. Setup cost is $80 for a run, ..
The natural evolution for technology is that it becomes obsolete or not as effective overtime compared to its initial introduction. Cradle to death is a typical lifecycle for any given application. Describe in detail the process to evaluate alternati..
Some companies have programs that they have developed to become more inclusive. All of these require corporate support and financial resources. If you were a manager at a very small organization that did not have these financial resources or by one t..
Sharon Yeagle was an assistant to the vice president of student affairs at Virginia Polytechnic Institute and State University (Virginia Tech). As part of her duties, Yeagle helped students participate in the Governor’s Fellows Program. She argued t..
“Credentialing of healthcare professionals has not proven to be a totally successful method of assuring quality care, mainly because”
Explain the processes and systems that can be established to manage and resolve conflict constructively. Two workers are engaged in a conflict related to who should answer their manager’s phone and take messages when the manager is not present. They ..
It takes the Kwinzee shipyard six months with 500 workers to build a small tanker. Material costs are $32 million and overhead costs are $2 million. Workers cost $40 per hour including benefits and work 40 hours per week. The ship sells for $75 milli..
Do the police follow human trafficking cases with admiration to organized offense in the past 12 months? Does pursuing a case as ordered crime give law enforcement particular powers of investigation or onlooker protection? Do police vigorously profil..
A $1,000 corporate bond with 20 years to maturity pays a coupon of 7% (semi-annual) and the market required rate of return is a) 6.6% b) 13%. What is the current selling price for a) and b)?
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