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Quantitative methods can help managers evaluate al-ternative sales and operations plans on the basis of cost. These methods require cost estimates for each of the controllable variables, such as overtime, subcontract-ing, hiring, firing, and inventory investment. Say that the existing workforce is made up of 10,000 workers, each having skills valued at $40,000 per year. The plan calls for "creating alternative career opportunities"-in other words, laying off 500 employees. List the types of costs incurred when employees are laid off, and make a rough estimate of the length of time required for payroll savings to recover restructuring costs. If business is expected to improve in one year, are layoffs financially justified? What costs are incurred in a layoff that are difficult to estimate in monetary terms?
Explain why an event like the Hawthorne studies be a major turning point in the history of management even if the idea is later shown to be an error.
Explain the differences between transactional also relationship marketing. Explain how do these differences lead to increasing emphasis on logistical performance in SCM.
Illustrate what happens when there are problems with communications in the workplace. Use at least one resource to support your key points. Respond to at least 2 of your fellow students' posts.
Small Wonder, an amusement park, experiences seasonal attendance. It has collected 2 years of quarterly attendance and made a forecast of annual attendance for coming year. Compute seasonal index for four quarters.
Develop, in equation form, linear programming model that will determine the optimal number of pickup trucks and moving vans Bay City Movers should purchase.
What are the annual cost of the silverware with an optimal order quantity? What is the total annual cost, including ordering, holding, and purchasing the silverware?
Propose a linear programming model which can be used to find out the optimal production schedule that will best achieve the goals of Richland Manufacturing Company.
You are a new CEO of a large business. Your supply chain department managers are very good; explain however, they have a hard time cooperating with each or on mutual business goals. Each 1 tries to maximize their areas results. Explain how would y..
Which component would you recommend if Hilton Hotels desired to add an additional Oracle component. Evaluate the business benefit of this additional component.
Describe the effects of an unmotivated workforce on a company. Explain how does Tesco benefit from ensuring that its workforce is motivated.
What is the economic order quantity? Calculate the annual inventory holding costs based on the average inventory level and annual holding cost per box
Illustrate what can a manager learn from characteristics also activities of this particular team. Elucidate how might factors which contribute to this team's success be adopted in a business setting.
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