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.
Premium Capacity utilization Variable cost Fixed cost
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
Premium Motivation
they draw money away from the private sector and put it into the government. High tax rates may discourage small-business ownership because they decrease the profits businesses can earn and make the effort less rewarding. Monetary policy is the management of the money supply and interest rates by the Federal Reserve Bank. The Fed’s most visible role is the raising and lowering of interest rates. When the economy is booming‚ the Fed tends to raise interest rates. This makes money more expensive to
Free Monetary policy Federal Reserve System Central bank
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
Premium Maintenance Failure mode and effects analysis Preventive maintenance
strategies for growth: ee market penetration‚ ne market development‚ en product development‚nn diversification downsizing: eliminate products/units that are not profitable/no longer fit the overall strategy prod and serv lvls of prod core cust. value > actual prod: features‚ design‚ packaging‚ quality‚ brand name > augmented prod: warranty‚ after-sale serv.‚ prod support‚ delivery/credit prod+serv class consumer prod: convenience‚ shopping‚ specialty‚ unsought industrial prod: materials+parts‚ capital
Premium Marketing
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)
Premium Strategic management
3500 Review for Midterm The exam is multiple-choice. Many of the questions are conceptual in nature‚ so although you will have to understand the principles presented‚ in many instances you will also have to apply those principles. If English is your second language‚ you may bring a dictionary with you. (book form‚ not electronic) The dictionary can either be an English dictionary or a dictionary between English and your first language. There will be 25 questions on the exam. The chapters
Premium Contract law Contract
Chapter 7 Question reviews: 1: Why do hospitality firms need to advertise? What factors should be considered when planning an advertising strategy? Hospitalities firms advertise for a number of reasons: Advertise reach a vast audience. Advertising is relatively inexpensive. Advertising prompts audience response Advertising demonstrate competiveness 2: what types of media are available for print advertising‚ and what are the advantages and disadvantages of each type? Print advertising:
Premium Advertising Marketing Public relations
Psychology 2AP3: Abnormal Psychology - Major Disorders Course Outline‚ Jan. - April 2013 Time: Tues.‚ Thurs.‚ Fri.‚ 2:30 - 3:20 pm Classroom: MDCL-1305 Instructor: Dick Day Office: Psych Bldg Room 404 Phone: 525-9140 ext. 23006 Email:dayrich@mcmaster.ca Web site: http://intropsych.mcmaster.ca/psych2ap3 and on Avenue to Learn Course Objectives This course discusses the issues and controversies surrounding the meaning and categorization of psychological abnormality. We will also describe
Free Mental disorder Abnormal psychology Schizophrenia
2009‚ Practice Midterm 2 Time: 1 hour Name (please print): . Show all your work and calculations. Partial credit will be given for work that is partially correct. Points will be deducted for false statements shown in the solution to a problem‚ even if the final answer is correct. Numbers in the right-hand margin indicate the number of points for each question. If extra space is needed‚ use the back of a page and indicate this clearly on the question page. This exam is closed-book
Premium Sample size Normal distribution Arithmetic mean