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Karl is a builder and is required to cut the timber for a house project with a chainsaw for 50 hours. He owns an old model chainsaw that costs $10/hour to run. The new model chainsaw is available to buy for $150 and would reduce the running cost by 40%. Karl expects the new model to provide increased precision worth $200. What is the economic surplus/loss of Karl buying the new model chainsaw? Answer to the nearest whole number (with no decimal places or $ sign. If a loss, include a minus sign).
Under the implied contract exception to the employment-at-will doctrine, an employee is wrongfully discharged if and when the discharge is inconsistent with an explicit, well-established public policy of the state. The burden of proof for disciplinar..
Do you think we still need affirmative action in college admission to correct for inequality in educational backgrounds by taking race into account?
What are marketing goals and objectives? How are they distinguished? What are the SMART criteria for marketing objectives?
Compute the multifactor productivity under each system. Use carts per dollar cost (labor plus equipment) as the measure. (Round your answers to 2 decimal places.
All forms of discrimination are generally difficult to prove. It is difficult to know whether the accused party is intentionally discriminating or the evidence is heavily weighed against him/her. What special factors should we consider in discriminat..
Again Interior Design provides home and office decorating assistance to its customers. How many customers are expected in the waiting line?
Next week, Super Discount Airlines has a flight from New York to Los Angeles that will be booked to capacity. The airline knows from past history that an average of 25 customers (with a standard deviation of 13) cancel their reservation or do not sho..
What supply chain logistics alternatives are available in JIT environments? How does each work in a make-to-stock versus a make-to-order environment? What objective customer service measurements are available in JIT environments? Compare and contrast..
Central Valdosta Manufacturing Corporation had 100 male applicants last year. They hired 60 of them. They also had 50 female applicants of which they hired 20. In order to avoid adverse impact, what is the minimum number of female applicants the comp..
Your company makes 1,500 necklaces every day. For quality management purposes, 20 necklaces are randomly selected for inspection every day. After 10 days, you have inspected 200 necklaces, and are ready to start using control charts. What is the samp..
Create a hypothetical business scenario in which there is a clear ethics violation. Suggest a plan of action to resolve this situation.
Review the opening case regarding Coca-Cola and PepsiCo. Discuss how the environment affects the corporate-level and strategy of these businesses? Evaluate examples (NOT provided in the text) of how these companies base their strategies on informatio..
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