Pricing Simulation During twelve months‚ starting in October‚ we were responsible for setting the pricing strategy of Universal Rental Car Company‚ as the district manager for the Florida region of Orlando. It was a big role as Florida was the company’s worst performing region and had two major problems: “Stock outs”‚ which used to occur during demand peaks‚ and “unsold inventory”‚ which occurred in demand valleys. Furthermore‚ we had to deal with the competitor in an intense price war‚ as the customers
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vThe country manager simulation let us learn how to be a manager for a company expanding internationally. These are five things that I learnt during the simulation: • Benchmarking is not always true When we enter a new market‚ benchmarking will be useful for us to give the idea how to make a decision by learning the competitors design their marketing plan. However‚ in this simulation‚ I realize that not all of the competitors did is the right thing. For example‚ we always looked at the promotion
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Mayor Simulation Memo Lauren Pander HIS/301 January 16‚ 2015 Joshua Bearden Mayor Simulation Memo To: City Council Staff From: Mayor‚ Pander‚ Lauren Date: January 16‚ 2015 Subject: Memorandum for Record Re: Civil Rights Upon careful review of Court Calendar Notebook decisions regarding the state’s civil rights issues have been reached. Below are my final decisions‚ as well as justifications for each. 1. Construction Lawsuits: In order to avoid construction lawsuits the recommendation is as follows:
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WORKING CAPITAL SIMULATION LT10 – B PHASE 1: SELECTION CRITERIA: In selecting what option to select the team came up with the following criteria: 1.) Selected option should lead to a reduction in working capital requirement and reduce short term debt in the process. 2.) Selected option should reduce the Cash Conversion Cycle. 3.) Selected option should free up locked capital in receivables and inventories. 4.) Selected option should lead to a zero working capital policy in the
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INTERNSHIP REPORT FINITE ELEMENT TRANSIENT THERMAL ANALYSIS OF LASER WELDING PROCESS ABSTRACT In this project‚ Laser welding process has successfully been used for joining of two stainless steel plates. The sizes of the metal plates are 50mmX40mmX2mm each. The distribution of the temperature field in laser welding using stainless steel sheets were simulated by ANSYS. The thermal properties which have been used for thermal simulation are assumed to be varying with temperature‚ curves of
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Ethics Game Simulation Margot Rivera HCS 478 Health Law and Ethics December 3‚ 2012 Barbara Scheibe Ethics Game Simulation The ethics game simulation involved two case scenarios. The first case dealt with a conflict of core ethics in how to care properly for a teenage pregnant female whose parents desire to limit medical interventions for a prolonged labor. The young patient is a teenager whose labor is progressing slowly and her parents have stated they want no assistance done for her. This
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If someone complain the session was boring and way to simplistic‚ I will add reflective sessions as well. Effective managers conduct workplace communication reflection activities with their subordinates to debrief after a particularly difficult interaction or a highly successful meeting. By discussing what works well and what causes problems‚ managers generate documentation on the best practices they want used by their organizations. Then the participants
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Individual Simulation Paper RES 342 May 6‚ 2012 Intro The body of the simulation was about the soil in Ralph’s fields and what was making Ralph’s crops fail every year. Through this simulation I chose to use the two-way ANOVA and nonparametric test to help me evaluate the effects of the diverse factors on two response variables‚ which were productivity and client satisfaction. My findings helped me to narrow down and identify the areas that needed most improvement. Three Lessons Learned
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Our first task was to study the market research and decide our initial strategy. To decide our initial strategy‚ first we analyzed the different types of research data. There were five segments to choose from; Cost cutter‚ Work horse‚ Innovator‚ Mercedes and Traveler. We reviewed the customer needs for each segment and the information regarding how customers intend to use computers. After that we looked at the average price each segment was willing to pay for the ideal brand in different cities
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Hours of Work | Work Operation/Shift Schedule | Shift Premium | Overtime | Rest/Meal Period | Opening Position | 2 Operating Shifts being run by 2 shift groups. (40 hour work week) Morning Shift (60% Workforce) Evening Shift (40% Workforce)Each employee will be working on 8-hour shift. Schedule of Shifts will run on a 5 day a week. Morning Shift -5 days (Monday to Friday) 8 hours fixed‚ with 2 consecutive days off (Saturday & Sunday off)Evening Shift – 5 days (Monday to Friday) 8 hours
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