Sunk Cost-cost that has already been incurred and cannot be avoided no matter what a manager decides to do. A business segment should only be dropped if a company can avoid more in fixed costs than it loses in: contribution margin Which of the following techniques describe how a bottleneck should be managed: Find ways to increase the capacity of the bottleneck‚ ensure there is minimal lost time at the bottleneck due to breakdowns and set-ups‚ focus business process improvement efforts on the bottleneck
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THE MARKETING MIX IS AN OLD TOOL. NEW TENDENCIES AND THEORIES WORK BETTER NOWADAYS Many firms use a variety of methods to make strategic marketing decisions in order to grow‚ compete‚ be first-positioned or just high-positioned‚ or to maintain themselves in the market. But there is one method‚ which is very applied by companies to make relevant decisions. It is usually called the marketing mix of the four P’s. A variety of testimonies and opinions to show that the four P’s‚ according to my opinion
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Name: Joyeta Samanta Date: September 3rd‚ 2013 Chapter 3 & Case: FORECASTING THE ADOPTION OF E-BOOKS Discussion Questions: Q1. Assume that you are making a prediction from the time e-books first became available (year 2000). Although early unit sales data for e-books are available‚ construct your forecast irrespective of these sales? The likelihood of purchase by a new adopter at time period t is p+(q/m)nt-1 //using bass model where the diffusion patterns are a function of size
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of learning. So in this essay‚ an activity is designed for students and there are two learning theories that are used to apply into the activity. Those theories are the social learning theory and the operant conditioning. Examples would be used from the activity to explain how the theories fit into the design and process of facilitating children’s learning. In order to make clear application of the theories‚ the activity is need to be introduced in detail. The designed activity is focus on the
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defined‚ and that the relationship assumed to exist between the entity and external parties must be clearly delineated. The going-concern assumption states that it is expected that the entity will continue to operate indefinitely. The historical-cost principle states that economic resources be recorded in terms of the amounts of money exchanged; when a transaction occurs‚ the exchange price is by its nature a measure of the value of the economic resources that are exchanged. The realization concept
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9/24/09 Perception • What is perception and why is perception important? • Top-down and bottom-up perception • Perception as observer-dependent Why is perception important? • We must connect to the world – Sources of energy around us. Some are good (light‚ sound‚ heat)‚ some are bad (sharp objects‚ intense heat) – They provide information to allow us to satisfy goals. – Perception allows us to use this energy. • Grounding for abstract thought – False dichotomy between
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Cost Management or Cost Control In broad sense‚ both the terms have the same meaning. Yet cost management seems to connote broader perspective. Cost control to an un-initiated may mean cutting down the incurrence of cost or expenditure every time or in every situation. In reality it is not always so. In many specific situations‚ many times‚ one has to spend or incur cost in order to gain or make more money. It is in fact like an investment. Cost management sounds better then. Profits Making
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Since the beginning of civilization sex has always been seen as a marketable item. Its been used to satisfy the wants and needs of society‚ specifically men. Sex as a commodity has had an impact on the way we think and feel. Regardless of all the sexual commodities‚ prostitution can be argued as the oldest sexual marketable item. Prostitution is defined as promiscuous and mercenary sexual behavior with emotional Indifference between the partners. There isn ’t a more specific definition because
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In “Humans Need Not Apply” the narrator asserts that increased machine use is better for humans and allows them to specialize. However‚ in our lives we can see machines replacing humans. For example‚ the self-checkout line at a grocery store or the creation of new transportation machinery. Both have caused people to become obsolete in these fields. There is a viewpoint that the mechanical minds will allow humans to focus more on creative jobs. The narrator goes on to assert that robots are just as
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Forecasting: ABC Flower Shop Patrick Moran MGMT415-1104A-03: Global Operations Management American Inter-Continental University October 29‚ 2011 Abstract In this paper‚ we will discuss a quantifiable method of forecasting called moving averages. Forecasting entails comparing historical values to predicted values for the future. 3-day and 5-day moving average calculations using Excel will be explained as well as a graph based on the forecasted values will also be shown. Finally‚ a method
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