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Demand for devil’s food whipped-cream layer cake at a local pastry shop can be approximated using a Poisson distribution with a mean of four per day. The manager estimates it costs $6 to prepare each cake. Fresh cakes sell for $13. Day-old cakes sell for $6 each. What stocking level is appropriate if one-half of the day-old cakes are sold and the rest thrown out?
Analyze the layout/organization of resources. Calculate cycle time & Lead time & capacity and productivity. Where are the bottlenecks. What are the causes of the bottlenecks
explain the new product planning and development process. Be sure to include examples of products and services that you found on the internet to help explain the process.
M&L Manufacturing: What are some of the potential benefits of a more formalized approach to forecasting?
What location-specific advantages do you think Oregon has for foreign firms interested in entering the US market? What kinds of firms would benefit from opening a subsidiary, branch or SBU in Oregon?
Auditors often fail to detect financial fraud in companies they are auditing because the perpetrators have concealed the fraud well in a complex manner. What are the components that make a fraud complex? What role does collusion play in complex fraud..
A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 88 percent of capacity; actual usage was 89.6 percent of capacity. A smoothing constant of .1 is used.
The chapter notes that in 2010, in roughly two-thirds of U.S. firms, the CEO is also the chair of the board of directors. More broadly this can be viewed as an intermingling of management and ownership. Why are these two roles typically separated? Is..
Which of the following is an example of acquiring factual and interpretive knowledge about another culture?
Compare and contrast the potential root causes of terrorism. Make a case for what you perceive to be the most significant source of terrorism in the past, present, and future.
Distinguish between disparate treatment, disparate impact, and reasonable accommodation theories of discrimination in terms of (a) number of plaintiffs, (b) intent, and (c) defenses.
Louisa, a manager, is responsible for creating a team for development of a new product. Which of subsequent is most important for Louisa, if she needs to create synergy in this team.
Explain the results of the Judge, Ilies, Bono, and Gerhardt review. Which Big Five trait(s) most strongly correlated to leadership, and which trait(s) did not significantly affect leadership?
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