duties‚ which would appear he is either not qualified or trained to do his‚ job effectively. This situation may have been alleviated by instituting a thorough supervision and mentoring program by ABC‚ Inc. to coach and counsel their employees. Background Carl Robins‚ a new recruiter for ABC‚ Inc. with only six months experience‚ successfully hired 15 new employees. Carl scheduled a new hire orientation to take place June 15 with the intent of having all the new hires working by July. On May 15
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Production and Operations Management Case study: “ Hightec Inc” Date 12th October 2011 Submitted To: Prof .Dr. R. Jagadeesh Submitted by‚ Sec: B‚ Group: 2 BHARADWAJ S (11070) HARSHITH SHETTY (11090) PRASAD KRISHNA (11099) SAGAR CHIMURKAR (11106) SAURABH MANDAL (11108) Contents Executive Summary: ............................................................................................................................... 3 Major Problems:...........................................
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worthwhile and reasonable to do it according to the Freddie Jones’ demonstration: paying with piece rate‚ the actual increase in cost per hour is only around 13% over the current cost‚ but it can save the company more than 10% in labor productivity and 6% of total payroll due the elimination of the waste in training and outfitting the new employees. 2) I don’t agree with Freddie’s father calculation of the increase in cost per unit with regard to the change into the piece rate payment system
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Unit 1 Case Analysis: Apple‚ Inc.‚ 2008 Background Apple Computer‚ Inc. was created by Steve Jobs and Steve Wozniak in April 1976. It started as a computer software and hardware manufacturer. Apple Computer‚ Inc. is famous for having one of the largest and most loyal customer bases that have helped to make concrete consistent growth for the company (Yoffie‚ Slind‚ 2008). In 2007 Apple Computer Inc.‚ became Apple Inc. to mirror its expansion into the consumer electronics market while still
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case 10-firehouse subs 1. What advantages do franchisees gain when they buy their franchises? What disadvantages do they experience? Advantages: Usually‚ a franchisee can get many benefit from buying the franchise. First‚ the franchisee get the chance to access to a "business system with a proven track record". By doing this‚ franchisee can have their own small business faster and operate it more efficiently. Second‚ Franchisors will offer training programs for their franchisees to improve their
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MapReduce is a widely used parallel computing framework for large scale data processing. The two major performance metrics in MapReduce are job execution time and cluster throughput. They can be seriously impacted by straggler machines— machines on which tasks take an unusually long time to finish. Speculative execution is a common approach for dealing with the straggler problem by simply backing up those slow running tasks on alternative machines. Multiple speculative execution strategies have been
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company as follows: (a) sales are the primary source of revenue and (b) expenses are divided into two main categories: cost of goods sold and operating expenses. 5. Sales revenue $100‚000 Cost of goods sold 70‚000 Gross profit $ 30‚000 6. Agree. In accordance with the revenue recognition principle‚ sales revenues are generally considered to be earned when the goods are transferred from the seller to the buyer; that is‚ when the exchange transaction
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1. Should auditors insist that their clients accept all proposed audit adjustments‚ even those that have an “immaterial” effect on the given financial statements? Defend your answer. The auditors should not insist that their clients accept all proposed audit adjustments. The auditor’s main duty is to provide reasonable assurance to verify the accuracy and compliance of client’s financial statements‚ to ensure that it conveys data and information of events occurred within the accounting period
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line (replicas). This presents an issue for Toucon’s president‚ Andrew Smythe‚ as he is not sure if the company should dedicate such a large portion of the company’s product line toward replicas. Alternative Courses of Action An alternative solution might be to counter the contract and propose that Toucon will produce only double its production of replicas and sell the replicas at 15% below the current selling price‚ but the authentic artifacts will remain at 10% below existing prices. This
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