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1. The manager of Electronic Instruments Retail Inc. just received the forecast for the next year. The company expects to sell around 55000 keyboards, the annual carrying cost is $7 per unit and ordering cost is $300. How many keyboards should she order to decrease inventory and order costs? ?
2. Schrute Farms sells a blend of beet and carrot juices. The demand for the blend is approximately normal with a mean of 300 liters a week and a standard deviation of 15 liters a week. Shortage cost=$1.5/liter and Overage cost=$0.5/liter. Find the optimal stocking level for the beet-carrot blend.
Cloud-based computing allows businesses to store and access large amounts of data over the Internet rather than on in-house computer hard drives.
Discuss how intrinsic work values and extrinsic work values impact managerial decisions as related to output by employees. Support your response by giving at least one example of each type, extrinsic and extrinsic.
Discuss with the class the current trends that supervisors must respond to including:
Assume you are a manager of a large heavy equipment manufacturing company. Your company currently outsources the manufacturing of a specialized piece of equipment to a firm in another country. Discuss the ethics of continuing to do business with thi..
A sound policy regarding promotion is important. List the characteristics necessary for an effective promotion policy.
A few months ago, the president of Clearwater National Bank hired you to improve their IT security program. She was concerned that customer information was vulnerable to hackers, and it was up to you to provide the best possible protection from these..
Which of the following elements is NOT typically included in a summary of negotiation proceedings?
What are the most significant factual claims or disputes involved?
You are a CEO of a large financial services firm who is being interviewed by the editorial board of a major national business magazine.
Explain what mergers professionals mean by 'Synergy'. Why is Synergy difficult to achieve? Provide an example of a recent merger that had a "failed" synergy. In your example, why was synergy not achieved? Was it discussed between the merging parties ..
Managers must be effective in motivating employees in order to maximize productivity. Understanding how cultures influence employee motivation is necessary for a manager whose employees represent multiple cultures. what is meant by the need to design..
How do you think the statement "social media has become a valuable listening and engagement platform for companies to communicate with the customer"? Discuss some potential benefits for companies to conduct social media (text and web) mining.
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