Q1) Comment on the forecasting method being used by Yankee? Suggest changes that you feel are justified? Ans1) Yankee presently is using the qualitative method for forecasting future demand. Qualitative method as we know is subject to experts’ intuition‚ experience‚ and opinions. So each person according to his/her past experience‚ forecasts the demand for the future. For example‚ Phil Stanton who is in the operations makes his decision of producing in the future on the basis of demand forecast
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ronGreg Newman ACC 707 Jones Ironworks 1) I agree with Freddie. The payment system would be more effective as a piece rate. This should effectively increase the employees’ incentive to produce efficiently. The piece rate will encourage higher production. It will benefit employees for them to know that if they work harder‚ they will get more money. Under the other system‚ they could work inefficiently and get paid the same amount as someone who was working much more efficiently. This encourages
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9001:2008 Certified Institute (Indian Standard Organization(ISO) Certificate Number:2071-QMS-1071) Email id: hsbsolutions7@gmail.com website:www.hsbsolutions.jimdo.com Ph: 9210846949 / 9717925135 Physics: Chapter 2 Solutions Last 15 years questions with solutions Topic: Strength of Solution Q.1Discuss the effect of Temperature on Solubility of solids in Solvent. AnsThe solubility of solid in a liquid solvent generally increases with increase in temperature of the solvent. Very rarely some neutral
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1. Describe in words how costs are assigned in the Wilkerson’s current costing system. Discuss the pros and cons of this system. Wilkerson uses a simple traditional cost accounting system in which each unit of product is charged for direct material‚ direct labor and overhead costs. Material cost is based on the prices paid for component under annual purchasing agreements. Labor cost is charged to products based on the standard run times for each product. Labor rates‚ including fringe benefits
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Jennifer Obrien Date: 11/ April 11‚ 2013 Abstract Inexpensive‚ affordable food is a person’s wants. If find some ways to solve this problem‚ keep food quality and price. So‚ in this paper discuss the solution of how to strike a balance between inexpensive‚ affordable food and healthy‚ quality food. Firstly‚ according to international trade‚ people can import some healthy food from other country‚ which place has lower labor. So‚ people can control the
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This is the cause of budget cuts and school board mandates of study. Proper eating habits are mentioned only in passing in general science class and may have no impact or follow-up for Meghan or her fellow students. The primary stakeholders in this case are Meghan and her parents. They will be the ones most affected by Meghan’s disorder. The parents are the caretakers and this can take a heavy toll on them financially‚ physically‚ and emotionally. The parents must be taught the symptoms they need
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William Ag Management MWF 11:00-11:50 Assignment 1 The Agribusiness I researched is Warren Seed. It is owned and run by Lanny Warren located in Woodland Mills‚ Tn. He has worked as a seed rep for many seed companies in the area. In the last seven years Mr. Lanny started his own business but selling Dairyland Seed‚ which consists of corn and soybeans. The genetics of the seed come from Dekalb‚ Asgrow‚ Pioneer‚ and Delta King Seed. He just lists them under Dairylands
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Crucible” the character Mary Warren changes her personality from act one to act two. In act one‚ Mary Warren is scared because of what they did in the woods and the punishment that all of the girls will get for participating in the act. In act two Mary Warren gains power and uses it to her advantage and she is forgetting her duties at home and she is defying John Proctor and saying that she’ll do it another time. After everything happens in this book it is clear that Mary Warren changes a lot and starts
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Q3. What are the prospects for the industry going forward? 1.Though the average level of profitability in the pharmaceutical industry has been declining over time (In 2002‚ the average ROIC in the industry was 21.6%; by 2006‚ it had fallen to 14.5%)‚ historically‚ the pharmaceutical industry has been a profitable one. Because- Name of industry | Average ROIC(Between 2002 and 2006) | Pharmaceuticals | 16.45%(large) | computer hardware | 12.76% | Electronics | 3.88% | 2. The prospect
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E-Commerce: Payment Systems and Security The list of payment solutions for e-commerce seems to be endless. Many banks and ISPs have adapted their own e-commerce payment systems where compatibility has not been considered. However‚ it seems that everything is currently pointing towards SET (Secure Electronic Transaction) as becoming the standard to follow. The first payment methods for services that took place over the internet were conventional. Users of services would transfer periodically the
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