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You own a workshop that produces custom handmade frames for diplomas. You are negotiating a contract with Loyola to sell the frames at the bookstore. Loyola decided to offer a trial contract where they will stock 20 frames at the bookstore. You estimate that the material costs for each frame is $15.00. You also estimate that it takes your employee 15 labor hours to produce the first frame. You pay your employee $25 per hour. Your initial bid accounted for learning curves (85%) and a 12% markup. The bookstore representative is receptive to your bid but is a little hesitant to award you the contract because the average cost per frame that you bid is 5% higher than their target. You respond to the customer that if they would increase their order from 20 frames to x frames, you could beat their target price. What is x?
Discuss the six characteristics of an Effective Decision-Making Process
Managers are faced with making decisions each day, some that are programmed and others that are non-programmed.
Leaders are not always managers, and managers are not always leaders. Why is supervision especially important in healthcare?
Consider a company producing a single product. what is the optimal values of the decision variables and objective? You must describe your mathematical model.
What could you do to prepare yourself for a career as administrator or CEO of an assisted living facility? What kinds of job opportunities currently exist.
find the best combination of air conditioners and heaters that yields the highest profit.
Why did the incident occur? What could have been done to prevent or correct it? What measures would tend to prevent its recurrence?
You will create a speech that should be three to five minutes long. You must also have a transcript (print version) of your speech and include a short 75-word reflection statement. In the reflection statement, discuss what aspects of this assignment ..
Discuss the positives and negatives of corporate culture in the competitiveness of a firm.
Discuss the process of strategy formulation. How can TQ improve this process? In the hindsight what were the main reasons for CareGroup’s network outage?
Why is it important to understand your own frame or mental model as a transformation leader?
Develop a plan to empower your organization. Describe the political climate and sub-climates within your organization. Identify any disempowering symptoms within your organizational culture
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