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A window frame manufacturer is searching for ways to improve revenue from its triple-insulated sliding windows. Alternative A is an increase in TV and radio marketing, A total of $600,000 spent now is expected to increase revenue by $100,000 per year. Alternative B requires the same amount for enhancements to the in-plant manufacturing process that will improve the product. New revenues start slowly for this alternative at an estimated $15,000 per year, with a growth of 20% per year as the improved product gains reputation among builders. The MARR is 6%, and maximum projection periods are 8 years for A and 16 years for B. Use payback analysis to select the more economical alternative.
One of my co-workers recently was laid off, and then re-hired on a contract basis, and now she earns a lot less money doing the same job. I noticed that sometimes she takes home pads of paper and pencils, pens and other office supplies every once in ..
Compute the forecast for year 6 using exponential smoothing, an initial forecast for year 1 of 3,000 miles, and a = .3
What do you see as the greatest threat to human rights on the globe today? What is a holistic risk management approach?
Describe one public policy issue for each of the three approaches. Use at least one Base-Technique-Product combination for each policy issue.
List three opportunities and three threats that could represent key factors facing your college or university. Briefly state your view of what institution should do in light of these factors.
Prices are often set to satisfy demand or reflect the premium that consumers are willing to pay for a product or service. Some critics shudder, however, at the thought of $2 bottles of water, $150 running shoes, and $500 concert tickets. Is the right..
The annual demand for a product is 180,000 units with a daily standard deviation of demand of 90. The cost to place an order is $750 and holding one unit in inventory costs $15 a year. Develop continuous and periodic policies for this product. Determ..
What types of businesses and organizations are best served by a presence in social media? What are some examples of the ways that other businesses have successfully/unsuccessfully leveraged and branded themselves with social media?
Hazel would like to increase her profits, but she doesn believe that it would be wise to raise her prices considering the current state of the local economy. Instead she has given some thought to increasing productivity. Explain how increased prod..
The role of creativity is important in management. “engaged" employees are more likely to put forth what level of effort relative to task and job performance? One of the major advantages of crafting mission and vision statements is.
The value of the building is $300,000 and contents are valued at $150,000. The common policy is a CPP with a $1,000 deductible. The isolated restaurant suffers a fire loss resulting in damage to the building of $100,000 and damage to contents of $..
A children's Halloween make-up kit states that it is "non-toxic." Several children developed severe rashes and eye infections following use of the product on Halloween. Does the manufacturer have any liability?
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