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Gerard, an events promoter and coordinator, promises to stage a concert for the benefit of Kids Care, a charitable organization dedicated to helping disadvantaged youth. In reliance on the anticipated receipts, Kids Care contracts for the construction of a residence for homeless teens. After the concert, Gerard tells Kids Care that he has decided not to donate the receipts to the organization.
Is Gerard's promise enforceable despite the lack of consideration.
Explain what is meant by "positioning for competitive advantage.Explain the buyer decision process.
Enterprise systems provide maximum benefits to an organization by a) providing improved financial reporting, b) providing a better data entry system
What is the optimal interval (in working days) between orders? What is the demand during lead-time? What is the inventory position immediately after an order has been placed?
The existing method involved assembles taking individual springs from a box containing several hundred also then placing two of them behind an ON button also two more behind an OFF button. Illustrate what was the poka-yoke shin go created.
What is the maximum effective capacity of the system in number of passengers per hour?
Daniel Trumpe has computed the EOQ for a product he sells to be 400 units. However, due to recent events he has a cash flow problem. Therefore, he orders only 100 units each time he places an order.
Recognize a problem in your organization, or a challenge from your simulation experience, and apply the four stages of Martin's decision-making model to it.
You need to increase capacity of your manufacturing operation by adding new equipment. Two vendors have presented proposals.
Explain how you would conduct a job analysis in a company that has never had job descriptions. Include cost considerations and methodologies of data collection.
Share with us a personal experience involving a natural or man-made crisis or disaster that interrupted your normal routines and/or created a problem for the businesses they affected. Were you prepared for this crisis? Were the affected businesses..
Zip Games purchases blank 3.5-inch disks onto which it copies its software for sale through its mail order operation. A disk costs Zip $.20. Processing an order for more disks cost $15. Zip uses 60000 disks annually, and the company has a 25% cost..
Using the exponential smoothing method of forecasting, calculate next month's approximate sales forecast, assuming that this month's forecast and actual numbers are $50.74Million and $54Million respectively. (Hint: Assume 1-? = 70% or 0.7).
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