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4.31 Coffee Palace's manager, Joe Felan, suspects that demand for mocha latte coffees depends on the price being charged. Based on historical observations, Joe has gathered the following data, which show the numbers of these coffees sold over six different price values: Price Number Sold $2.60 770 $3.60 510 $1.90 980 $4.30 245 $3.20 315 $4.05 490 Using these data, how many mocha latte coffees would be forecast to be sold according to simple linear regression if the price per cup were $1.80?
What are the outputs of your work unit if you are a manager at a fast-food restaurant? What are the activities required to produce those outputs? What are the inputs?
Explain when stakeholder identification occurs and explain the importance of stakeholder analysis
In your organization, describe how there are trade-offs between the competitive dimensions. Give examples.
Consider a layout decision which has been made in your own organisation. How was the layout devised? What were the key issues?
HOW TO LINE BALANCING
You are the CEO of a factory that manufactures furniture. Explain briefly why your company needs to be socially responsible. Briefly comment on any two areas of social responsibili
Of the barriers to supplier development mentioned in this chapter, which ones, in your opinion, are the most difficult to overcome? 2. Describe the major sources of supply base ris
Operations managers will always want to know the monetary cost a training project will be. Stating the intrinsic value is important as part of the return, but how would it make or
Why is it important to continuously update the implementation and communication of a strategic plan? Who should be responsible for updating and communicating a strategic plan? Why?
What are some new products I could use that serve two business (organizational) markets?
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