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An engineer at the Metal works is considering the introduction of a new line of products. In order to produce the new line, the company needs either a major or minor renovation of the current platn. The market for the new line of products could be either favorable or unfavorable, each with equal chance of occurrence. The company has the option of not developing the new product line at all. With major renovations, the company's payoff from a favorable market is $100,000, from an unfavorable market $-90,000. Minor renovation and favorable market has a payoff of $40,000 and an unfaborable market of $-20,000. Obviously, not developing the new product has a $0 payoff. Prior to making a final decision the company has contracted with a market researching group to conduct a market analysis to determine for certain if the market will be favorable or unfavorable. How much is the maximum amount the company should be willing to pay for this accurate information? (indicate to the nearest whole number)
Complete an in-depth analysis of the Railway Labor Act (RLA), including its amendments, judicial interpretations and administrative law. Having studied the RLA over the past few weeks you will now tie it together with what you have learned about l..
Design a model, with methods also procedures for analyzing diversity also elucidate how you would implement results in a cultural diversity training program.
Due to variations in processing times due to the size and length of the bracelets, it has been decided to keep 25 percent of the needed inventory as safety stock. Explain how many kanbans card sets are needed.
Describe the 4Ps of marketing in your organization? (Product/positioning, pricing, promotion, and placement) Prepare this assignment according to the APA guidelines
Examine Supply Chain of any cocoa Processing Business discussing Challenges and outline strategic directions to make it more competitive.
Overseas, an American multinational enterprise with its headquarters in New York. After giving the minister of finance of state X a valuable piece of diamond
Existing method involved assemblers taking individual springs from a box containing several hundred also then placing two of m behind an ON button also two more behind an OFF button. Illustrate what was poka-yoke Shingo created
Do executives in organizations have an ethical responsibility to think about the fairness of the transactions or the consequences of the sale on the buyer when they sell stock at the top of the market
Ben would like to use an inventory system which minimizes inventory cost also will provide a 95 percent service probability. Illustrate what is economic quantity for Ben to order. At illustrate what inventory level should he place an order.
Managers use different types of control. Identify and define any four types of control used within Starbucks. Provide evidence from the case to support your answer. Which design type-mechanistic or organic-best fits Starbucks.
Compute labour productivity for each of weeks. On basis of your calculations, illustrate what can you conclude about crew size also productivity.
illustrate what extend do you agree with assertion which "in managing people in current working environment, there is no need for Scientific Management concept also theories X also Y.
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