Department of Decision Sciences San Francisco State University FINAL EXAM QUESTIONS The sample problems below are organized by topic. Where possible‚ answers are given. Disclaimers: • These questions are questions that have appeared on previous years’ (final) examinations. They are for practice only. There is no guarantee that the questions on your finals will be the same‚ or that different professors will give the same types of questions. • Not all 412/786 sections cover the same material
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Exam 2 1. award: 0 out of 10 points The objective of strategic capacity planning is to provide an approach for determining the overall capacity level of labor-intensive resources. | False | 2. award: 10 out of 10 points Best operating level is the volume of output at which average unit cost is minimized. | True | 4. award: 10 out of 10 points Overtime and personnel transfers are solutions to capacity problems in the intermediate term.
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MARKETING MANAGEMENT UNIT 1 – INTRO TO MARKETING – A STRATEGIC PERSPECTIVE 1. What is marketing? 2. Why is marketing important? 3. Key Concepts of marketing * Needs * Wants * Demands * Products * Exchange * Transactions * Market 4. The evolution of marketing * Production orientation * Product Orientation * Selling orientation * Market Orientation * Societal Orientation 5. Adopting a marketing
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You are the manager of a small accounting practice and lately you have noticed that absenteeism has been increasing. You suspect it is because of the extra workload that the company now has due to acquiring several new major accounts. However‚ you do not have the budget as yet to employ more staff in order to cover this extra work.. This has resulted in the existing staff becoming increasing disgruntled with the working conditions and long hours .Describe and explain TWO theories of motivation as
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GLOBAL PRODUCTION ENGINEERING AND MANAGEMENT (GPEM) Final assessment on Maintenance Management‚ by Marco Macchi‚ date 02-2011 Exercise #1 A Weibull analysis has been carried out on different components: the components under study are a pump and an electric motor (that is the motor needed in order to drive the pump); the analysis provides the reliability data for each component. • The pump has the following data: scale factor α = 8000 hours and shape factor β = 1. • The motor has the following
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Formulas: BDI: CDI: Chi Square: (o-e)2/e (answer>chi 2 given= significant) Formulas: BDI: CDI: Chi Square: (o-e)2/e (answer>chi 2 given= significant) Economic Value: Price of Substitute + Cost saving for the customer during the same time+ Revenue increase for the customer during the same time Break Even Quantity= FC /(P - VC) Break Even Revenue=FC/[(R-COGS)/ R] PED=% Change in Quantity demanded/% Change in Price CPM= cost/(% watching x
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activities most likely to be imitated by competitors. B) involved in a product’s physical creation‚ its distribution‚ and its service after the sale. C) the activities involved when companies are initially established. D) the activities that the top management team most values. 2. One of Southwest Airlines’ competitive advantages is highly difficult for competitors to imitate. This is their: A) advanced reservation processing technology. B) deep market penetration. C) organizational culture. D)
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Warren Gray Contemporary & Classical Leadership Styles ORG 6504: Leadership and Management Kathryn Kelly August 5‚ 2012 Contemporary & Classical Leadership Styles There has been much research compiled that compares the differences of the classic theories of leadership and management versus contemporary style of leadership and management. Both styles have been found to have their unique advantages‚ depending on the type of organization the theories are being utilized in. In this paper
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INTRO TO STRATEGIC MANGEMENT (LECTURE 1) YOUR THOUGHTS PLEASE • WHAT IS ‘STRATEGY’ AND WHAT DOES IT MEAN TO YOUR ORGANIZATION ? • SOME COMMON RESPONSES Strategy? Means several things to several people at different points of time. (‘Strategy is a series of goals and objectives that is used to run business’ (Strategy is an attempt to combine organizations activity and available resources to achieve stated objectives. (Strategy is the roadmap we use to get to where we want to go’ (Strategy
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INTRODUCTION TO MANAGEMENT “CONTEMPORARY APPROACHES” UNIT 2 ASSIGNMENT BY Natia L. Moore 5/21/2014 Instructor: Lisa Leff Explain how the four contemporary approaches to management are different from one another. Define “open systems” and describe the internal‚ competitive‚ and macro environments of an organization. Lastly‚ indicate whether the four contemporary approaches to management are relevant in these three environments and why or why not. You may research
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