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The regular car can drive an average of 27 miles per gallon while the electrical car can drive 100 miles per charge. Assuming that gasoline prices remain on average at $3/gallon, while charging the electrical car costs on average $5/charge. Either car you end up purchasing will be used for work only and a round trip is 25 miles per day (you can assume that a week is 5 work days and a year is 50 work weeks). Ignoring the time value of money, maintenance cost, and resale value, answer the following:
a) How much is the total cost for each option in the first year given the amount of driving you are expected to make
b) Assuming all of the given numbers remain the same over the years, how many years are you expected to drive before both options break even.
Under what conditions should a company consider adopting a global geographical structure as opposed to a global product structure? Why? Is it logical for a transnational organization to have multiple headquarters, each responsible for different thing..
Annual demand for number 2 pencils at the campus store is normally distributed with mean 1,000 and standard deviation 250. The store purchases the pencils for 6 cents each and sells them for 20 cents each. Find the optimal values of the reorder poin..
If not, then how much should the standard deviation of the process be reduced to get six sigman quality?
The number of no-shows is an approximated normal distribution with a mean of 1 and a standard deviation of 1. How many rooms the inn should overbook per night?
How can an organization be socially responsible and promote legal and ethical conduct?
You were invited by the president of an insurance company who wanted to consult with you. The president told you that she had the following problem: The head of the life insurance department wanted to provide a new service to their customers. As the ..
How would developing a WBS alleviate some of the problems that occurred during the first meeting and help Nicolette organize and plan the project?
What are the fundamental reasons for Dell's success? What should Dell do next to maintain its competitive advantage? Is its business model still viable? Will the Dell formula work elsewhere? If not, why not?
Looking at these types of modeling: Sales forecasting, Momentum forecasting, and Demand forecasting what is one industry you think might be more hesitant to adopt such practices, yet might benefit greatly from it?
OMG’s don’t have a history of criminal relationships with the LCN. Rather than proving criminal agreement or commission of a specific crime, RICO allows for prosecution of a pattern of crimes that are committed through an organization referred to in ..
Burger Prince buys top-grade ground beef for $1.00 per pound. A large sign over the entrance guarantees that the meat is fresh daily. Any leftover meat is sold to the local high school cafeteria for 80 cents per pound. What daily order quantity is op..
Why do you think managers have difficulty delegating? What can be done to overcome these difficulties? How can delegating relate to the Golden Rule?
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