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Identify two different niche markets: one of a product-based niche, and the other of a service-based niche. Evaluate and compare how each niche distinguishes itself from its competitors in terms of market size, opportunity for advertisement, market need, and ability to sustain the business long term.
Elucidate what is the probability which a random number from the triangular distribution is less than 400. Elucidate what is this probability for the normal distribution.
1 explain the four functions of management and the purpose of internal and external assessments.2 how would you
If the construction manager were an optimist, what criterion would he choose? What would be the choice of dwelling for that criterion? Show your supporting calculations.
(Single-Step Process) Consider a batch flow process with a single step that has a setup time of 100 minutes and a processing time of 3 minutes/unit. Assume that the batch size is 50 parts. What is the capacity of the process (in units per hour)? Supp..
Compute the optimum ordering quantity for this item. Explain how many units of the item should be maintained as safety stock for 99% protection against stock outs during an order cycle.
the materials manager is very familiar with older material requirements planning mrp systems as well as more integrated
ABC Builders contracted to build a summer home for the Smith's. The contract specified the installation of "galvanized, lap welded, standard grade pipe, manufactured by Oaks Co" for all of the plumbing. ABE substituted another brand of galvanized pip..
What are profits? Why are they important to any organization? What about not-for-profit organizations?
The school of jurisprudence that believes that free market forces should determine the outcome to lawsuits is the: a. Command school b. Sociological school c. Critical Legal Studies school D. Law and Economics school
Consider a model for inventory where inventory is depleted and replenished according to Poisson processes. Thus times between depletions are iid exponential with mean 1/u and times between arrivals of new items are also iid exponential with mean 1/a,..
Coren Chemical, Inc. develops industrial chemicals that are used by other manufacturers to produce photographic chemicals, preservatives, and lubricants. One of their products, K-1000
Is triple-bottom-line accounting a reasonable approach to encourage businesses to take responsibility for the impact of their actions on social and environmental systems, or does it place an unrealistic burden on businesses to measure what may not be..
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