Give an example in which a marginal analysis could be conducted. Explain how you would find and recommend the optimal level of activity for the situation.
Q: Give examples of the technology and tools used to describe IT project management.
A: IT project management can be stated as the approach of planning, arranging, scheduling,…
Q: Myrtle Air Express decided to offer direct service from Cleveland to Myrtle Beach. Management must…
A: a. pessimistic: Decision = discount service minimax regret: decision = Discount service
Q: Antitrust law is a body of law that regulates OA. oligopolies; monopolies; monopolies OB.…
A: Option A Oligopolies; monopolies; monopolies
Q: The LP model and output below represent a problem whose solution will tell a specialty retailer how…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: please answer in 30 mins. answer only if 100% sure.
A: Given data
Q: Chapter 4. Tyler is hoping to get a lot of custom cake and cookie orders in his new bakery for…
A: Note - Hi! Thank you for the question, As per the honour code, we are allowed to answer three…
Q: Company ABC wants to assess its productivity. The company has 8 employees, working 8 hours per day…
A: Based on the given case, I would determine the Multifactor productivity, The formula for calculating…
Q: the upper specification limit USL equals 60 minutes and the lower specification limit equals 10…
A: Quality control is described as a process through which it is ensured that the produced goods or…
Q: Janelle Heinke, the owner of Ha'Peppas!, is considering a new oven in which to bake the firm's…
A: Given data For oven type A Fixed cost = $20,000 Variable cost = $2 Oven A can manage 20 pizzas per…
Q: The following is given: Price Variable cost Fixed cost $10.00/unit $6.00/unit $50,000 a) Based on…
A: Break-even point is the point at which the company's production cost and the production revenue are…
Q: It takes a service rep an average of 1.5 minutes to take a customer's information. Over the course…
A: From the above given information, Arrival rate, λ =150 calls in 8 hour shift…
Q: Draw a diagram of Michael Porter’s Five Forces model.
A: Porter's five forces refer to the model that recognizes and analyzes the five competitive forces…
Q: Use information below to compute the actual unemployment rate (U%) and the labor force participation…
A: Population(X) = 236 Not in labor force(l) = 86 People in labor force = X-I People in labor force =…
Q: Demand is Normally distributed with a mean of 66 per week and a weekly variance of 3. The ordering…
A: NOTE: We are allowed to do one question only. Mean demand = 66 Variance = 3 Ordering cost = 57.5…
Q: As operations manager of Holz Furniture, you must make a decision about adding a line of rustic…
A: In the given scenario, we can see that we are given two different cases of the small process line…
Q: If required, round your answers to the nearest whole number. Optimal Solution Units Cost 1-A…
A: Find the Given details below: Given details: Machine Product A B C Capacity 1 0.8 1.3 0.7…
Q: QUESTION 2 a) b) Ferrero Candy Company makes three types of candy, which are solid, fruit and cream-…
A: Note: - As both the questions are not related to each other, we will answer the first question here.…
Q: Subject: Logistic Management Q#6) What is Porters Power Model explain with example?
A: There are two different questions, as per the guideline, the first question is taken to answer, The…
Q: RVW (Restored Volkswagens) buys 30 used VW's at each of two car auctions each week held at different…
A: Find the Given details below: Given details: Repair shops Used car lots L1 L2 L3 S1 350…
Q: The proper human resource management for strategic execution is a foundational block on which…
A: Strategic human resource management often called SHRM can be stated as the approach of…
Q: Decision matrix below consists of COSTS expected, determine which alternative is dominant using with…
A:
Q: Nokia has recently launched a newer model in the market. Loyal customers were excited to hear about…
A: There are two different questions, as per the guideline, the first question should be attempted…
Q: Illustrate Guardian pharmacy’s reorder system to manage their inventory so meet customer…
A: Reorder point:- The inventory level that prompts a replenishment of that specific stock is known as…
Q: "Nordlund Boat Company has been repairing, refitting, and building custom boats for over 60 years in…
A: Order release = Every 4 weeks Annual demand = 400 units (2 units per day) Working days = Annual…
Q: My question is: How do you Calculate a moving average forecast using the last 2 and 4 dates of stay.…
A: A moving average, which is the average of any subset of values, is a method for gaining a general…
Q: The relative criticality of various project risks are prioritized through 4 O Qualitative risk…
A: Risk impact assessment is the process of determining the likelihood and effects of risk occurrences,…
Q: Construct a project network for the following project. The project is completed when activities F…
A: A network diagram related to the project shows the sequence of the task that is performed to…
Q: Consider a firm planning to start a new venture of manufacturing area. Define the role of project…
A: Project management is the management in which different kinds of skills and knowledge are used to…
Q: Formulate the problem as a linear programming model.
A: Linear programming is a mathematical technique that is also used in operations management…
Q: What is the relation between Quality Assurance (QA), Quality Control (QC) and GMP ? Please explain?…
A: Quality is simply the set of standards or the expectations of the customers related to the…
Q: Which aggregation approach is intended to move product differentiation as close as possible to the…
A: Postponement approach or strategy in defined as a mass customization technique which applies for…
Q: Using Johnson's rule for 2-machine scheduling, the sequence is: Scheduled Order Job 1 <BUDE" 2 A 3 4…
A: Given data: Job Operation - 1 Operation - 2 A 12 4 B 8 11 C 5 14 D 6 2 E 9 10 F 3 1…
Q: Janelle Heinke, the owner of Ha'Peppas!, is considering a new oven in which to bake the firm's…
A: Given Data For the oven A Fixed cost = $20,000 Variable cost = $2.00 Oven A type can manage 20…
Q: 01. Mofazzal always prefers buying his lunch from Kashundi. As always, he finds, both of the lines…
A: Quality Management is the activity of managing the actions, tasks, & procedures (inputs) that…
Q: Proponents of free markets argue that if all markets were perfectly competitive and if the…
A: Ans) In free market price is completely Determined by the demand and supply. There is no role of…
Q: Suds and Duds Laundry washed and pressed the following number of dress shirts per week: Week 1 2 3 4…
A: Labor productivity can be defined as the total volume of output produced per unit of labor. Thus,…
Q: Explain how maintaining a work-life balance while working remotely for a telecom company works.
A: Work-life balance refers to the term that is used to define how employees give out their time…
Q: The following Table 1 (below) contains a list of activities, with precedence requirements and crash…
A: Find the Given details below: Activity Predecessors Normal Time (NT) (Days) Normal cost (NC) ($)…
Q: C&A Printing takes 10 seconds to print a page in color, but after 500 pages, the printer must be…
A: Find the given details below: Given details: Time taken for a page 10 Sec Waiting time 15…
Q: Nasrin drinks a Cappuccino from Kashundi before attending her MGT 314 class every RA morning. Today,…
A: Queuing theory manages the difficulties that implicate queuing (or waiting). The Queuing theory…
Q: Product X is made of 2 units of Y and 3 of Z. Y is made of 1 unit of A and 2 units of B. Z is made…
A: Using the given information, the bill of material will be as follows.
Q: A). A crew of mechanics at the Highway Department Garage repair vehicles that break down at an…
A: A) From the above given information, Service cost per day, Cs =$300 Lost productivity cost,…
Q: Howard Weiss, Inc., is considering building a sensitive new radiation scanning device. His managers…
A: Given data: Alternative Scenario Probability Possibleprofit/loss(Impact) Build New Plant ATR…
Q: Cheryl Hunter is responsible for maintaining adequate hospital supplies at fictional St. Thomas…
A: Inventory management can be stated as the systematic process of sourcing, stocking or storing, and…
Q: A production process at Brianna Bryant Manufacturing is shown in the figure below. The drilling…
A: From the above given information, It is clear that the throughput time of the system is 131.71…
Q: Problem 3: A clothing manufacturer produces women's clothes at four locations in Hongkong. Relative…
A: Note: - Since the exact question that has to be answered is not specified we will answer the first…
Q: Minimize subject to The minimum is C = C = 10x + y 4x + y 2 24 x + 2y 2 20 x 22 x ≥ 0, y 20 -([ at…
A: The most straightforward method of problem optimization is linear programming. We can turn a…
Q: Suzy Bakery is introducing new cookies and before the cookies can be introduced, the activities in…
A: Note: - Since we can answer only up to three subparts we will answer the first three subparts here.…
Q: Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the…
A: Number of days(N) = 305 Setup labor cost = 60 Annual holding cost(H) = 19 Production(p) = 1040…
Q: In a Q system, the demand rate for strawberry ice cream is normally distributed, with an average of…
A: Given data Lead times = 6 weeks The standard deviation of weekly demand = 16 pints The rate of…
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- The an existing public organisation intends to update its three year startegix plan for the years 2023-2025 and has provided funds in its annual budget 2022 as well as from partners. The organisation aims to recruit a startegic planning facilitator to assist it update its strategic plan to enable it to meet the challenges of the sectors over the next three year and position it asthe employer of chioce and the leading public sector instituion in the africa. This assignment forms part of the effort of creating the enabling and modern work envirnment as a whole and also putting in place a formidable strtegiy and organisational plan. The goal would be to assure best pratice in public service delivery and oganisational effectiveness as well as build a class of high cilber next generation professionals that will be increasingly relied upon by government and the public in the management of thoses critical sectors of the economy. Besides the traditional functions listed, the organsiation is…Explain more why of the Lewin Model is more of a better choice?How can organizations effectively use scenario planning to anticipate and prepare for future uncertainties?
- Why are the maximax and maximin strategies considered to be optimistic and pessimistic, respectively?Making Planning Effective Planning may be made succesful if the following are observed, but why would it be successful? Recognize the planning barriers Use of aids to planningCan you explain the concept of scenario planning and how it can help organizations prepare for future uncertainties?
- I need some help with my discussion questions this week Topic One - In the book, the NFL is used as an example for industry-wide advertising. Discuss some possible methods of cost-sharing for the 32 NFL teams, and some of the pros and cons of each. Topic Two - Suppose you are the manager of a large automobile dealership that sells a few different major brands of cars. Consider the following scenario and use marginal analysis to determine how to deal with challenges. There is now information available on the internet about how to make a counterfeit “smart key” that will unlock doors of the cars you have in stock in your parking lots. What should happen to the amount of security you have to prevent auto theft? How might you respond? Explain.Explain the concept of scenario planning and its role in preparing organizations for future uncertainties and potential disruptions in the business environment.Why do most definitions of planning indicate the need to make choices between future options?
- 1. Read the case below. Develop a theoretical frame work and show by a figure. State hypotheses involved in this model. Incidence of smoking in movies has started to increase again, after having declined for several decades. According to the National Cancer Institute, smoking is seen in at least three out of four contemporary box-office hits. What’s more, identifiable cigarette brands appeared in about one-third of all movies in 2008. Exposure to smoking in movies is an important predictor of adolescent smoking initiation: smoking in movies has been shown to affect adolescents’ intentions to start smoking. In turn, the intentions to start smoking are determined by a more positive attitudetoward smoking after seeing a film character smoke. Recent research has revealed that the relationship between seeing a film character smoke and the attitude toward smoking is stronger when a person’s identification with a film character increases. These findings are consistent with social learning…In your own words, explain opportunity analysis and discuss why it is important to strategic marketing. In replies to peers, explain whether you agree or disagree with their analysis and justify your response using the study materials.Select a company ( Henry Ford Hospital) as the subject for your situation analysis assignment. It is advantageous to slect a well known medium - larged sized comapny that readily shares information and ideally a company which you familiar. You have been hired by your selected company as a marketing strategy consultant. Creat a SWOT analysis and also describe how the company can build on its strengths and correct its weaknesses in order to take advantage of one designated opportunity in the market.