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Kim was in a financial bind. Just last year, she had purchased a personal plane and an exclusive home that housed the plane in its garage. The total costs were $1 million and Kim's monthly debt on both was over $10,000. Kim had no way to meet this month's loan payment. She served on the board of a famous international paper company, and she had the power to write checks for this company. Kim decided that she could just secretly borrow the money and put it back before anyone could notice at the next board meeting. What would be the potential ramifications? Would this be legal? Explain why or why not. (Be sure to rely on the law as well as good business practices and ethics.)
Explain the concepts of lean production. Describe its relation to Six Sigma. Please provide examples of the pros and cons for linking them.
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The following payoff table provides profits based on various possible decision alternatives and various levels of demand at Amber Gardner's software firm: DEMAND Decision LOW
What is the present value of $10000 to be received 20 years from now , if the principle is invested at 8% per year, compounded annually?
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What internal problems result from the current planning and control policies? In particular, analyze stock turns and availability (e.g. high and low levels).
Goldratt - Theory of Constraints 1 identify the systems constraints 2 exploit the systems constraints 3 subordinate everything else to the above decision 4 elevate
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