FALL 2011 2011 Deadline: October 26‚ Middle East Technical University – Northern Cyprus Campus BUS 361 Operations Management Homework 1 - Solutions 1. Fruit Computer Company manufactures memory chips in lots of ten chips. From past experience‚ Fruit knows that 80% of all lots contain 10% (1 out of 10) defective chips‚ 20% of all lots contain 50% (5 out of 10) defective chips. If a good batch (that is‚ 10% defective) of chips is sent on to the next stage of production‚ processing costs
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wants‚ and demand that Build-A-Bear customers demonstrate‚ differentiating each of these three concepts. What are the implications of each on Build-A-Bear’s actions? Needs are defined as a basic part of the human makeup. According to Maslow’s Hierarchy of Needs‚ the need for toys belong to the third level or the social needs for love and belonging level. The primary target market of Build-A-Bear are children. A toy can provide the friend or social belonging a child needs. Build-A-Bear provides for
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2643 Practice Final Exam MCQs 1. Chen has $50‚000 of his own money to invest. He has a margin loan available to add to this money to purchase Australian shares. The bank’s loan-to-value ratio (LVR) is 75%. How much does Chen have available to purchase a portfolio? A. $37‚500 B. $150‚000 C. $200‚000 D. $66‚667 2. A line of credit facility: A. does not have a debt limit B. does not require principal payments C. usually has an interest rate lower than the standard variable rate D. Statement
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GM07 Research Methodology Assignment No.I Assignment Code: 2013GM07A1 Last Date of Submission: 15th April 2013 Maximum Marks:100 Attempt all the questions. All the questions are compulsory and carry equal marks. Section-A Ques. 1 You have been hired by a company which is planning to enter the textile market offering uncrushable/wrinkle free shirts for the working executives. How would you define the marketing research problem in this case. Ques. 2 Explain ‘Validity’
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leadership‚ the skills approach suggests that knowledge and abilities are needed for effective leadership. Researchers have studied leadership skills directly or indirectly for a number of years (see Bass‚ 1990‚ pp. 97–109). However‚ the impetus for research on skills was a classic article published by Robert Katz in the Harvard Business Review in 1955‚ titled “Skills of an Effective Administrator.” Katz’s article appeared at a time when researchers were trying to identify a definitive set of leadership
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1.0 Total Quality Define total quality & quality. Total Quality: an approach of doing business that attempts to maximize the competitiveness of an organization through the continual improvement of the quality of its products‚ services‚ people‚ processes‚ and environments Quality: a dynamic state associated with products‚ services‚ people‚ processes‚ and environments that meets or exceeds expectations and helps produce superior value. List the elements of total quality 1. Strategically based: Comprehensive
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1. Introduction In the field of management‚ motivating employees is a very important issue that managers have to consider. Research has shown in many cases that companies with motivated and satisfied employees are more efficient and productive. Considering the goal of the company‚ this can lead to higher profits and moreover to a good internal corporate culture. How can managers accomplish this task? Is it effective using Maslow’s theory to motivate employees? This paper will analyze why managers
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CONTINUING MEDICAL EDUCATION FORMATION MÉDICALE CONTINUE PRACTICAL TIPS FOR SURGICAL RESEARCH Research questions‚ hypotheses and objectives Patricia Farrugia‚ BScN* Bradley A. Petrisor‚ MSc‚ MD† Forough Farrokhyar‚ MPhil‚ PhD‡§ Mohit Bhandari‚ MD‚ MSc†§ From the *Michael G. DeGroote School of Medicine‚ the †Division of Orthopaedic Surgery and the Departments of ‡Surgery and §Clinical Epidemiology and Biostatistics‚ McMaster University‚ Hamilton‚ Ont. Accepted for publication Jan. 27‚ 2009
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Factor Rating (Facility Location) Example-01 A manufacturer of garments is actively considering five alternative locations for setting up its factory. The locations vary in terms of their advantages to the firm. Hence‚ the firm requires a method of identifying the most appropriate location. Based on a survey of its senior executives‚ the firm has arrived at six factors to be considered for final site selection. The rating of each factor on a scale of 1 to 100 provides this information. Further
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MGT 320 Opening Exercises Week 1 1. Marbury v. Madison established: a. Judicial review 2. Which of the following is not a primary source of law? a. Journal articles 3. All of the following are different theories of jurisprudence except: a. The Uniform Commercial Code 4. Litigation is imperative in cases involving business dealing to establish all of the following except: a. Moral conduct 5. ______ refers to the various administrative bureaucracies in government‚ sometimes termed the unofficial “fourth
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