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Discuss and give real life examples of the difference between managing and supervising, the sources of formal and informal power, and behaviors that managers should demonstrate.
Slopes & Sleds (S&S) makes skis, snowboards, and high- end sledding equipment. As shown below, the demand for its products is highly seasonal. The company employs 10 workers who can each produce 200 units of various equipment per month. the current w..
Suppose you reduced your ordering cost from $50 to $10, what is the impact on all other variables? (increase or decrease, change to how much?)
BagCo produces leather jackets and handbags. A jacket requires a 8 m^2 of leather, and a handbag only 2 m^2. The labor requirements for the two products are 12 and 5 hours, respectively. Determine the optimum solution. BagCo is considering an expansi..
Describe four qualitative forecasting techniques. Then, explain why you agree or disagree with the following statement: Knowledge about what customers are likely to do is much more valuable than information regarding what customers plan or want to do..
What is the average and the standard deviation of demand during the protection interval?
After your working lunch with the CEO, he asked you to prepare a memo, specifically for the senior management team, dealing with demand management and forecasting. As the CEO is a practical type of team leader, he asked that you specifically descr..
A description of the proposed portfolio process. You are explaining it to the executives.
Scuba Supply Company is considering making an investment of $1,000,000 and estimates that the result of the investment will yield the following returns over the next five years: Year 1 ($500,000) - a loss Year 2 $200,000 Year 3 $610,000 Year 4 $740,0..
What would three-sigma control limits for the process be? What alpha risk would they provide? What alpha risk would control limits of 4.14 and 4.86 provide?
The process ends all consumers at step B4. The numbers in parentheses indicate the minutes it takes those activity TP process consumers. Explain how long does it take the average consumer to complete this process.
A crew of mechanics at the Highway Department garage repair vehicles that break down at an average of λ = 8 vehicles per day (approximately Poisson in nature). The mechanic crew can service an average of μ= 11 vehicles per day with a repair time dist..
The Muse Co. just issued a dividend of $ 2.75 per share on its common stock. The company is expected to maintain a constant 5.8 percent growth rate in its dividends indefi nitely. If the stock sells for $ 59 a share, what is the company’s cost of equ..
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