DECISION SCIENCE (MGT 3050) CASE STUDY ASSIGNMENT “THE POSSIBILITY” RESTAURANT (2) Angela Fox and Zooey Caulfield were food and nutrition majors at State University‚ as well as close friends and roommates. Upon graduation Angela and Zooey decided to open a French restaurant in Draperton‚ the small town where the university was located. There were no other French restaurants in Draperton‚ and the possibility of doing something new and somewhat risky intrigued the two friends. They purchased
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In the early 17th century Japan shut itself from most contact with other nations. Under the rule of the Tokugawa shoguns the Japanese society was very reserved and was in very tight order. The shoguns gave out land to the lords and daimyo. The peasant worked for and lived under the protection of their daimyo. The daimyo had a small army of samurais. The rigid system was to keep the country free of civil war and to keep peace for Japan. This lasted for about two centuries. Japan during those two centuries
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20: Income Inequality and Poverty 1) Income Inequality and Poverty A person’s earnings depend on the supply and demand for that person’s labor‚ which in turn depend on natural ability‚ human capital‚ compensating differentials‚ discrimination‚ and so on. 2) THE MEASUREMENT OF INEQUALITY How much inequality is there in our society? How many people live in poverty? What problems arise in measuring the amount of inequality? How often do people move among income classes? 3) Table 1 The Distribution
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Answer all questions. Extract 1: Coffee prices on the rise Coffee prices hit a record 14-year high this month‚ and it’s only a matter of time before coffee lovers will have to pay more in stores and coffee shops. A series of bad news has affected the market for coffee – bad weather in South America is threatening crops; Brazil and Vietnam are talking about hoarding their stocks; and US stockpiles are reportedly at 10-year lows. Moreover‚ the current behavior of prices reflects uncertainties concerning
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Case study Armco Inc: Midwestern Steel Division The case is about the new implementation of the new performance measurement system at Armco Inc‚ a steel making company. The old performance measurement system at the company was focused on the cost performance measurement which included the cost added per ton of steel at each production stage. Each month‚ the operating statics reports were issued every month with the most detail of the cost. Bob Nenni‚ the director of finance‚ was not satisfied
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Deshler Chemical Company Case Study II Case summary summary Nine years ago‚ because of the considerable negotiation of the city government to the company‚ Deshler Chemical Company was established at the city of Conroyville‚ Tennesse. The company paid enough money for the land; they constructed a plant to Deshler’s specification with the company repaying the building cost and agreed that the company should have an employment for at least 50 persons and to collect no property taxes for 10
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Winstina Dauphin Business Policy Case Study 1) What are the dominant economic characteristics affecting the payday lending industry? The dominant economic characteristics affecting the payday lending are as follows government regulations and restrictions‚ Competitor saturation‚ and the current recession. (Essentials of Strategic Management‚ pg. 487) 2) What is competition like in the payday lending industry? How strong are each of the competitive forces that make up Porter’s Five Forces Model
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Case Study 6 One of the main causes of the housing bubble “bursting” in the mid-2000’s was largely due to the sub-prime mortgages. A sub-prime mortgage is generally classified as a mortgage loan to a borrower with a low credit score‚ with a small down payment‚ or high debt to income ratio. The market for sub-prime mortgages was 37.6 percent of total mortgages by the end of 2005. In 1994 sub-prime mortgages accounted for only 6 percent of total mortgages. To a great extent the “bubble burst” is
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Pg. 47 Case Study Answers 1. The types of transactions they are handled by baggage handling systems are as follow: * Must move the bag from check-in area to the departure gate * Move bags from gate to gate * Move bags from the arrival gate to the baggage claim 2. Some of the advanced technology used in baggage handling systems they involve a wide variety of sensors‚ actuators‚ mechanical devices‚ and computers. They include destination-coded vehicles (DCV’s) automatic bar code
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Case Study Questions 1. What are the inputs‚ process‚ and outputs of UPS’s package tracking system? 2. What technologies are used by UPS? How are these technologies related to UPS’s business strategy? 3. What strategic business objectives do UPS’s information systems address? 4. What would happen if UPS’s information systems were not available? Answer: 1. A. Inputs * Package Information * Customer Information * Destination * Current Location of the parcels B. Process
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