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At a decision point in a decision tree, which machine would you select when trying to maximize payoff when the anticipated benefit of selecting machine A is $45,000 with a probability of 90%; the expected benefit of selecting machine B is $80,000 with a probability of 50% and the expected benefit of selecting machine C is $60,000 with a probability of 75%? Machine A Machine B Machine C You would be indifferent between machines A and C You would be indifferent between machines A and B
Identify the basic control issues at Unilever from all three levels? How do you think the control function should be organized and managed at Unilever?
Sharp Discounts Wholesale Club has two service desks, one at each entrance of the store. Customers arrive at each service desk at an average of one every six minutes. Sharp Discoun
How would the EBQ change if the set-up costs were reduced by 50 percent, and the holding costs were reassessed by 40 percent, taking account of the opportunity costs of capital at
1. Using Porter's Five Industry Forces, map the soft drink industry. 2. What are the risks and opportunities of the strategies followed by Pepsi? Of Coca Cola? 3. How would you res
1 To ensure that its supply chain can handle a surge in demand, MitiTech should: a. hire additional manufacturing employees b. modify its design to speed up production time
How do you develop an operations strategy for an organisation? Answer: There are many different procedures recommended by academics and individual consultancy companies. The mor
Discuss your opinion of US businesses being interested in doing business with China. What are your main concerns?
What pay level does the efficiency wage predict? Does the theory accurately predict organization behaviour? Why or why not
Respondeat superior is the theoretical basis for holding companies criminally liable for actions of their employees. Companies oftentimes have little defense against prosecution. C
U.S. v. Farraj contended that he transmitted information, not goods. Do you think that position is correct? Q2) Phillips v. Budget Rent-a-Car Answer the question "Is Budget Rent-a-
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