ronGreg Newman ACC 707 Jones Ironworks 1) I agree with Freddie. The payment system would be more effective as a piece rate. This should effectively increase the employees’ incentive to produce efficiently. The piece rate will encourage higher production. It will benefit employees for them to know that if they work harder‚ they will get more money. Under the other system‚ they could work inefficiently and get paid the same amount as someone who was working much more efficiently. This encourages
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As many people know‚ California has been experienced drought for more than 5 years. However‚ most of people don’t realize California drought is a big environment disaster. The drought affects the agriculture directly‚ so that a lot of famers experience the loss of their products. According to the BBC news‚ California drought has already made more than 50‚000 people turn into unemployment‚ and the California drought also cause the economic loss accumulated to 2 billion Dollars. Other than that‚ the
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Prison Overcrowding in California Jeffrey Shaw CJA/564 Josette Ford May 6‚ 2013 The California prisons have been crowded for decades. This cannot continue to go on. One of the reasons that the prisons are overcrowded is because of the types and lengths of sentences. Other reasons why the prisons are overcrowded is because many of the prisoners are there on non-violent crimes. Also many of the sentences are for smaller crimes. The one recent event that is dealing with this problem is release
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studies at the University of Nebraska and promptly fled the Great Plains for the Elusive Eden. After the light shock of difficult parking‚ high traffic‚ and idiotic housing prices I fell in love with my strange new home in the Bay Area. My first big California surprise was not the preponderance of far out community activists and ridiculous law proposals: Reading up on Berkeley prepared me for that. Nor was I very alarmed by the fatal shooting a few blocks from my apartment on Alcatraz Ave that first
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Q1) Comment on the forecasting method being used by Yankee? Suggest changes that you feel are justified? Ans1) Yankee presently is using the qualitative method for forecasting future demand. Qualitative method as we know is subject to experts’ intuition‚ experience‚ and opinions. So each person according to his/her past experience‚ forecasts the demand for the future. For example‚ Phil Stanton who is in the operations makes his decision of producing in the future on the basis of demand forecast
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2. How much value is generated from cost savings associated with the project? In order to answer this question‚ we need to pay attention that all the revenue we used should be the number before tax‚ then Cost Baseline-Cost Upside=Net Income of Upside-Net Income of Baseline+ Revenue of Baseline-Revenue of Upside=693492‚ which is the value gathered from cost savings in five years. 3. How much value lies in improved revenues? As shown in the Excel above‚ the improved revenue accumulated in five
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1. Describe in words how costs are assigned in the Wilkerson’s current costing system. Discuss the pros and cons of this system. Wilkerson uses a simple traditional cost accounting system in which each unit of product is charged for direct material‚ direct labor and overhead costs. Material cost is based on the prices paid for component under annual purchasing agreements. Labor cost is charged to products based on the standard run times for each product. Labor rates‚ including fringe benefits
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COPYRIGHT MATERIAL M-Tel Call Centre data: What does it tell us? In May 2009‚ Esther Ching is three months into her role as manager of the complaints section of a call centre‚ located in India. The call centre is owned and run by M-Tel‚ a Malaysian telco company. Her section handles all billing complaints and service difficulties. The main products are landlines‚ mobile telephones and internet access. She is required to present a report about the performance of her section‚ as part of the regular
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13. Appendices 28 - 36 Business Proposal and Research Question: - Research Question: - What marketing strategies can ‘Garcia’ use to increase sales? Rationale: - Garcia is a new pizza company that has recently opened in Mumbai. Although its pizza is affordable and of superior quality‚ it has not been able to capture a large percentage of the market share. Hence‚ it is genuine problem faced by ‘Garcia’ and as I am interested in marketing‚ I want to test my ability
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Blaine Kitchenware Case Study Answers 1. ABOUT THE COMPANY Blain Kitchenware‚ Inc. (BKI)‚ founded in 1927‚ is a mid-sized producer of small appliances for residential kitchens. BKI has an approximate 10% market share of the $2.3 billion U.S. market for small kitchen appliances‚ with 65% of sales originating from the US market. The company is public since 1994‚ and the majority of the shares is controlled by the founder’s family (62% of outstanding shares)‚ who also have a strong representation in
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