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What step in the forecasting process do you think is most important in order for it to be successful and what is the real core benefit for an organization to put the time and resources into forecasting?
An inspector samples four PC’s from a steady stream of computers that is known to be 12% nonconforming. What is the probability of selecting two nonconforming units in the sample?
The company announced that in some instances the battery in the Galaxy Note 7 smartphone exploded. Samsung issued a global recall Friday for its Galaxy Note 7, a large-screen smartphone, after dozens of consumers reported that the device exploded or ..
Can you determine how effectively a system is contributing to the achievement of business and operational outcomes if you have not set goals for the system at the outset? Explain.
"E-Negotiations" and similar technological advances effectively remove the need for negotiators tc travel to their markets to maintain personal contact with customers and to assess the local ..
What is the major advantage of perceptual mapping?
Create a public relations campaign for a financial institution that has recently received negative exposure in the media pertaining to its lack of responsiveness to those wishing to modify existing home loans. The goal of your campaign is to influenc..
Describe how operations strategy is developed. What are competitive priorities and how is it related to operations strategy? What are “make to stock strategy”, “assemble to order strategy”, and “make to order strategy”? Examples of how one operation ..
A strength can be thought of as any internal attribute of the organization that is helpful in achieving corporate objectives, a weakness can be thought of as any internal attribute of the organization that is a hindrance in achieving corporate object..
At the break even point of 400 units, variable cost were $400 and fixed costs were $200. how much will the 401st unit sold contribute to operating profit before income taxes? Break even would not change if : a) sales price increases, b) fixed cost de..
Why does a supervisor's visibility and availibility remain important even at times when the staff are experiencing no problems and raising no questions?
Jamika Westbrook takes pride in her position as salon manager for SmartStyle Salon, one of six local hair salons associated with a large retail store chain located in the Southeast and one of five chain store groups under the Gold Group umbrella. Wha..
You have a lease on an oil and gas property with 87.5% NRI that delivers your firm annual profits of $400,000 for five years, with equal production in each year.
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