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The "normal" economic cycles happen relatively fast -- 7 good or transitional years; 3 bad years, etc. As CEO, would you try to predict the cycles to maximize the ROI on building new hotels? It takes 2-3 years to build a hotel and another 5-10 to begin earning an ROI. Combined, that is 7-13 years which outlasts even the best economic cycles. How would you treat that reality
Elucidate what is the recommended production rate if a level strategy is adopted with no backorders or stock counts. Elucidate what is the ending inventory for month 4 under this plan.
Stock is received 12 working days after an order has been placed. No backordering is allowed. Suppose 325 working days a yr. Illustrate what is Dotcom optimal order quantity.
Should Kim install the additional equipment if she expects a pretax payback period of three years or less?
Develop an MRP planning schedule showing gross also net requirements, order release also order receipt dates.
Suppose that management of Mytrle Air express believes that the probability of weak demand is 0.70. and the probability of weak demand is 0.3. Use the expected value approach to determine an optimal decision.
The maximum amount available of the "Other" ingredients is 125 tons. The cement sells for $60 per ton. The organization needs to maximize its profit. Formulate the linear programming problem to maximize the profit.
You suspect that your immediate supervisor is involved in a significant fraud involving diverting of organization assets to personal use. Briefly describe the steps you might take to resolve this dilemma.
To minimize total cost, explain how many units should be ordered each time an order is placed. If the holding cost per unit was $6 instead of $5, illustrate what would the optimal order quantity be.
Give an example of ineffective communication that resulted in bad customer service in the medical office also discusses strategies for overcoming perceived service issues.
Illustrate what is the percentage change in Sun Path's total productivity measure between 2011 & 2012. Explain how HRM system is implemented in this hotel.
Illustrate what is different about applying lean in a factory versus a service situation. Describe your finding in a 2-page report.
What is the difference between the Internet and the Web? What are the key technologies the Internet is based on?
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