BuyGasCo Corporation: The Use of Alternative Costing Methods in a Predatory Pricing Lawsuit 1 BACKGROUND2 BuyGasCo Corporation (BuyGasCo) is a major national chain of retail motor fuel (gasoline) service centers. This privately held company is very successful and has been in existence for 35 years. The service centers‚ owned and operated by BuyGasCo‚ are straightforward and typical of those in the industry. The main function of these service centers is to sell gasoline. The company sells three types
Premium Costs Variable cost Fixed cost
Operations Management ASSIGNMENT 1: HARD ROCK CAFE: OPERATIONS MANAGEMENT IN SERVICES From the Global Company Profile of Hard Rock which is mentioned in the text‚ we can see that Hard Rock Café is a food & entertainment business chain that is into cafes‚ hotels‚ casinos‚ live music venues‚ a venue for view a collection of legendary music memorabilia‚ and a store to buy their brand of merchandise. They are a business that is currently running successful with the help of over 400 employees who strive
Premium Management Supply chain management Inventory
In a random sample of 7 adults‚ what is the probability that the number receiving fewer than five calls a day is (a) exactly 3 (b) at least 3 (c) more than 3? n p 7 0.43 x P(Exactly x) P(At most x) P(At least x) 0 0.0195 0.0195 1.0000 1 0.1032 0.1228 0.9805 2 0.2336 0.3564 0.8772 3 0.2937 0.6502 0.6436 4 0.2216 0.8718 0.3498 5 0.1003 0.9721 0.1282 6 0.0252 0.9973 0.0279 7 0.0027 1.0000 0.0027 I plugged in the given percentage of adults (43%) into the “p” section of the table
Premium Standard deviation Normal distribution Probability theory
Tanglewood Case 1: Tanglewood Stores and Staffing Strategy Introduction: Tanglewood has experienced success and very fast growth over the years‚ due to the involved efforts of its founders‚ its core workforce and strategies around participative style of management. This report looks at the Tanglewood strategy and goals for the future‚ the two key elements of staffing decisions‚ namely staffing levels and staffing quality‚ to come up with recommendations on these elements which will help Tanglewood
Premium Management Decision making Organizational studies
“ Performance Management” Thomas D. Middleton Strayer University HRM 538 Performance Management Dr. Hargis May 14‚ 2013 1. Summarize the seven (7) components of the framework for coaching and performances management‚ and identify which ones you require development in and why. The seven components of the frame work for coaching and performance management are the coaching relationship\‚ insight‚ motivation‚ capabilities‚ real-world practice‚ accountability‚ and organizational
Premium Human resource management Performance management
Course: HNC Business (Management) 2011 Teacher: Saud Human Resource Management WORD COUNT: 3241 Table of Contents Introduction ...............................................................................................................................1 Distinguish between “personnel management” and “human resource management” and discuss the historical development and changing context in which they operate......................2 Assess the role‚ task and activities
Premium Human resource management Recruitment Human resources
Case 1 question QUESTIONS: 1. In what ways are Hazel’s customers most likely to judge the quality of her lawn care services? 2. hazel is the operation manager of her business. Among her responsibilities are forecasting‚ inventory management‚ scheduling‚ quality assurance‚ and maintenance. a. What kinds of things would likely require forecasts? b. What inventory items does Hazel probably have? Name one inventory decision she has to make periodically. c. What scheduling must she do? What things
Premium Management Idea Grass
Case Study #1: STARBUCKS Seattle‚ Washington QUESTION #1 So‚ what does Starbucks need to do to return to growth and profitability? Should it lower prices? Should it expand its menu? What should be its strategy? In order for Starbucks to return to growth and profitability they should focus on the cost structure and tackle the net margin issue which would increase its Return of Equity and make a better use of its existing assets to increase its Return of Assets. A strategy of this would
Premium Cost Costs Coffee
TOPIC 1 INTRODUCTION TO INFORMATION SYSTEM 1.0 THE BASIC CONCEPT OF DATA AND INFORMATION In an organization‚ ‘Information’ is one of the most valuable and important resources. With the right information‚ from the right source‚ at the right time and place‚ the organization can make the best decision to achieve their goals. Information can be defined in so many ways. The term ‘information’ however is often confused with the term ‘data’. In some cases the term ‘information’ and ‘data’ has been used
Premium Computer Computer software Operating system
Tassinari Finance 411 Exam 2 Actual Test True/False 1. You expect to receive a cash flow denominated in a foreign currency in six months. You can hedge this exposure by buying the foreign currency in the forward market False 2. An open account is most often used to protect sellers in international trades False 3. Real assets are only exposed to currency risk if they are located within the corporation True 4. Multinational netting identifies offsetting currency exposures within
Premium Currency Foreign exchange market United States dollar