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The U.S. Bureau of Labor Statistics states that its role is as the "principal fact-fiding agency for the federal government in the broad field of labor economics and statistics." Nd the data that the bureau provides via its website are available to anyone, free. This can represent a tresure trove of business intelligence and data mining for those who take advantage of this resource. Visit the website www.bls.gov
What type of information does the site provide? What information doe you find most useful? What sort of information concerning employmet and wages is available? How is this information categorizied? How would this type of information be helpful to a business manager? What type of demographic information is available? How could this benifit a new start up business?
Holding expenses of inventory are 24% of purchase price every year. Elucidate how much should be ordered each time to minimize total cost.
Six Sigma is deployed using the Define-Measure-Analyze-Improve-Control (DMAIC) project management framework. Identify an actual Six Sigma project and write one paragraph covering each of the DMAIC phases
Describe some organizational activities, processes, or outcomes that leaders measure and control. What are the leaders' reactions to critical incidents and crises
Hal Parker was not convinced that customers cared about green design. “Sure, if it reduces their power consumption, they care, but using less resources to produce the product or using recycled raw materials to begin with? Do you think Hal’s concerns ..
A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. Comment on the changes in productivity according to the two m..
Discussed several strategies that allow the manufacturer and retailer to share risk. Consider one that is widely used in the electronics and high tech industries: „Quantity Flexibilty Contract“. Let C_Normal denote the wholasale price that the manuf..
Many companies make the mistake of not giving thought to WHAT the candidate will experience during the interview rounds.
Explain the meaning of the term production or operations and describe the three kinds of utility that operations processes provide for adding customer value.
What is meant by the term marketing concept? How has this concept been extended into the professional selling models?
What are four advantages and four disadvantages to having a multigenerational workforce?
Control charts are monitoring schemes, widely used in operations and manufacturing environments, to determine when a process is “in-control”
What obligations does an international company have to ensure that its employees are not harmed, for instance, by having their chances for advancement limited by the social customs of a host country?
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