MCM 723 Metrics and Analytics December 2‚ 2012 Think 4 A. Describe cost-based pricing and value-based pricing‚ noting the differences in approach and results. Give examples of products or services priced each way‚ and justify your reasoning. How could cost-based pricing lead to a price lower than customers would have paid and how does this impact the profit of a business? The Cost- based pricing concept is regulating the cost of production or fulfillment as the basis for pricing goods and
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1 mL = 1 cm3 Answers: a)0.5 b) 0.004 c) 8000 d) 0.009 e)0.002 f) 6000 g) 0.04 h) 0.012 i)0.0065 j) 7.02 k) 30 l) 603.5 m) 32 n) 0.038 Page 2 of 5 2. One cereal bar has a mass of 37 g. What is the mass of 6 cereal bars? Is that more than or less than 1kg? Explain your answer. 222 g less that halkf of a kg 3. Wanda needs to move 110 kg of rocks. She can carry l0 hg each trip. How many trips must she make? Explain your answer. 110 10 hg =1kg 4. Dr. O is
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The Metric system Have you ever looked at the back of a food item or drink to check nutritional values? Everything on the label is measured in the metric system. Do you actually know how much sugar you are getting? Or how much of a certain medication you can safely take? Have you ever thought that there should be ten inches in a foot‚ ten feet in a yard? A system with a standard that makes sense. Well you’re in luck with the metric system. The English Imperial system may be more familiar and
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. Performance Metrics: purpose What are the ways you can measure how successful your Six Sigma project has been in improving quality or decreasing the number of defects? Before we go into the metrics and definitions‚ let’s say what “defects” and “defective” mean. Something has a defect if the result or outcome of a process is not what is expected. Something went wrong. The product may still be usable: a car with chipped paint can still be driven. So some engineers use “defective” to mean a product
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banditos were returning from their long and hard journey to taco bell and they were very disappointed with the “fake tacos” they had there. While they were on their way to their homes they stumbled upon a little tidy village and thought‚ “Hey‚ they must have some real tacos here” so they walked over to the village to see if they had any tacos‚ but the little stingy Nino’s and Nina’s did not want to share their tacos so they hid all their taco ingredients. When the travelers arrived at the village the
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(g) METRIC AND ENGLISH CONVERSION TABLES Use these tables to convert measurements between the English and (SI) metric systems. Length English 2.54 mi. cmyards m.= kmmiles 0.90 0.6214ymbol meter m m S inches 30.40centimeters 0.3937 cm=10mm 1.60 yd. 100cm kilometers km=l‚OOOm (SI) ft.centimeters Metric 1.0936 Symbol English Multiply the English measurement by the multiplier in the far right column to come up with the metric equivalent. English inches feet yards miles To Metric centimeters
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“Tasty Taco Truck” has many competitions across the city of Houston. One of the main competition of “Tasty Taco Truck” is “Cupcake and a Smile‚” which primarily sells cupcakes to its customers. They have about 10-15 food trucks that constantly travel around the town. Another major competition of “Tasty Taco Truck” is the “The Waffle Bus‚” which serves waffles and other morning foods to its customers. However‚ “The Waffle Bus” only has five food trucks. “Tasty Taco Truck” has a monopolistic competition
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A business metric is also known as a financial ratio or performance indicator. Financial ratios lift the veil on a firm’s operating prowess‚ telling investors how the company navigates the doldrums of a bad company. There are four common types of performance indicators in modern-day financial analysis: Liquidity‚ Efficiency‚ Profitability‚ and Safety. Liquidity Ratios Working Capital Formula: Total Current Assets – Total Current Liabilities The working capital metric is a measure of both a
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Answer to question 1 of unit 1(HRM) Identify and explain five metrics used to evaluate HR performance The reality in our society is that the most commonly measured workforce metrics do very little to help to HR Managers and business leaders achieve real insight into maximizing their human capital investment. To make better business decisions regarding their workforce‚ leaders need to see the connections in their workforce data and examine comprehensive workforce topics. In order to
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Do you consider the metrics organizations measure to be valuable? In order to develop a valuable HR metrics/performance measurement system it is imperative that organizations focus on their competitive strategy and operational goals‚ and should clearly define what employee competencies and behaviors are required to attain the above objective. (Becker‚ Huselid‚ & Ulrich‚ 2001‚ p. 52) Metrics are valuable if the actions and decisions which develop the metrics also develop the firm’s strategic
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