India Scenario - IKEA - Swedish furniture retailer proposal to invest 105 billion rupees ($1.95 billion) in the country to open 25 stores The company’s planned investment is the largest by a foreign retailer in India since the country amended its laws in late 2011 to allow 100% foreign ownership in single-brand retail ventures. IKEA has already outlined its long-term approach in India by proposing to open 10 stores in the country in the next 10 years of operation followed by 15 additional
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project labor hour required‚ product cost and expected revenue. This information can be obtained from budget. This will help them in assessing profitability. In case of all three options available to Rodolfo‚ he can assess the net revenue; he can expect and decide which option will be more fruitful for them. In the case of performance report‚ a project which is expected to maximize profit is not necessarily the best option. It depends on the risk involved‚ cost involved and other factors also
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following data have been recorded for recently completed Job 501 on its job cost sheet. Direct materials cost was $3‚067. A total of 30 direct labor-hours and 104 machine-hours were worked on the job. The direct labor wage rate is $12 per labor-hour. The company applies manufacturing overhead on the basis of machinehours. The predetermined overhead rate is $11 per machine-hour. The total cost for the job on its job cost sheet would be: A. $4‚571 B. $3‚757 C. $3‚090 D. $3‚427 Applied manufacturing
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Promoting Individual Health The aim of this plan is to maintain and promote Molly’s mental health as she goes through an important and potentially difficult postpartum period of her life‚ where her mental state is more vulnerable to possible decline. It is important for Molly to remain mentally stable and well during this period because any deterioration in her mental health can have serious‚ negative effects on her new child’s development‚ both in the short and long term. This plan outlines the
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There is only one facility that offers CT scan and ultrasound in the area and the facility is about forty miles away. This will ensure that all our patients are getting all their imaging here at the hospital instead of driving
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If it is determined the government actually required a more stringent testing‚ the government must submit a change order and an equitable adjustment may occur from this contract modification. This equitable adjustment would be towards the target cost so as to not penalize the contractor’s profit. What are the contractor’s
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substantiated * A review of Tom’s previous case files shows four female clients who terminated counseling with no explanation * Female client of Tom has informed supervisor that he had made inappropriate sexual comments‚ bought her presents‚ had one out-of-office dat’‚ and implied that he could help get custody of her children back from protective service with a favorable treatment report * Tom initially denied these accusations when they were presented to him but does admit that he is attracted
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Opportunity costs The first opportunity cost that I made was choosing to enroll in a university that offers online courses or going to a traditional university that only has classroom style learning. The pros of attending online for me included not having to commute back and forth 40 additional miles per day‚ not having to hire a babysitter for my child‚ and I’d be in the comfort of my own home or environment to my liking when I studied. The cons included‚ not having that social connection to my
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SCENARIO 1 Assume that a planet called Zion exists. In Zion‚ NEXUS is an inter-galactic enterprise that leases spacecraft to aliens for a fee. All spacecraft owned by NEXUS can be used for daily rental or contract based rental. Aliens can be classified as Warlord or Explorer. The data for all aliens are stored for recording purposes. Each spacecraft is fully equipped at the time it is rented out. However‚ an alien can request for additional equipment to be installed. Such equipment includes zap-gun
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long-term loyalty and predictable order flow seem to have become relics of the past. At the same time‚ customers are tightening their requirements in terms of throughput time and perfect-order delivery while demanding continuous reductions in supply chain cost. The increasing use of online channels is driving the reduction of response times and forcing supply chain managers to find new answers for global micro-delivery of multiple small-customer orders‚ instead of the large-batch movements. Maximising supply
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