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A company modifies production automobiles to create custom hybrid vehicles for the high-end auto enthusiast market. They develop and build these custom designs as a single unit or at times in multiples of as many as 20 for larger orders. The orders are generated by the marketing department with help from the owners who participate in the management of the company. Each new order is assigned to a project team, which starts by making an estimate to the customer before a contract is signed. The project teams have a great deal of experience in these projects.
As would be expected, the owners are hands-on and have opinions on the estimates. The marketing folks also provide suggestions on what the customer is willing to pay.
What are some processes and techniques that you would suggest to make the budgeting process work well? Start with general but also provide some specifics as relate to creating detailed project budgets. Be sure to justify why you think your recommendations will work
Explain how much safety stock provides a 95% service level to Thomas. Illustrate what should the reorder point be.
Identify functional organization you are working in, list at least three questions you would ask, also for each question briefly explains why question is pertinent to your business function.
United Research Associates (URA) had received a contract to produce two units of a new cruise missile guidance control. The first unit took 5,000 hours to complete and cost $50,000 in materials and equipment usage
Elucidate how can we keep the stereotypes we have from interfering with the way we work in team projects. Identify TWO specific things you could do to help prevent stereotypes from inhibiting effective team relationships.
When is sales intelligence important? What are the three most important pieces of sales intelligence a salesperson needs to know?
Which purposes of performance management did the appraisals described in this case fulfill? Which purposes did they not fulfill?
Deming's Profound Knowledge consists of four elements. Answer the following three parts relating to the psychology element of Deming's Profound Knowledge.
The forecasted demand for fudge for the next four months is 140,160,90 and 70 pounds. A) What is the recommended production rate if a level strategy is adopted with no back orders or stockouts
What type of strategy will you use to meet this demand? What impact will this strategy have on the production line? What are some of the advantages and disadvantages of making this shift?
What are two common law theories under which individuals who have been harmed by polluters can obtain damages and injunctions?
what diffrent kinds of mangement chalanges these four CEOs faced as they took control of manging their diffrent compains ?
Burrito king would like to know the expected average time in the system, the average line length (in cars) and the average number of cars in the system (both in line and at the window).
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