|Paper Name: | OM530 | |Paper Number: |530 | |Assessment Number: |Assessment Three | |Assessment Name: |Individual Assignment
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they were treated accordingly. Management always went the extra yard to ensure client satisfaction and, within reason, the original purchaser had a lifetime warranty on the caravan. The sales staff was mostly aged 40+, was highly trained, and all had spent time in the factory learning the nuts and bolts of caravan building. Some of the caravan builders, following extensive training and mentoring, were now amongst the company’s best sales staff. Staff were also well managed – the company had an effective
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Chapter 11 Standard Costs and Operating Performance Measures Solutions to Questions 11-1 A quantity standard indicates how much of an input should be used to make a unit of output. A price standard indicates how much the input should cost. 11-2 Ideal standards assume perfection and do not allow for any inefficiency. Ideal standards are rarely, if ever, attained. Practical standards can be attained by employees working at a reasonable, though efficient pace and allow for normal breaks
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the capacity to enter a contract with his neighbors` dad. 6. Consideration- exchange of things of value * I’m happy because Maria and I had a consideration. 7. Counteroffer- changing terms of initial offer I made a counteroffer at a yard sale for a bike. 8. Detriment- any loss suffered The business had a bad detriment after losing the case. 9. Duress- overcoming a person`s will by force * John duress mike at the park. 10. Economic duress- threats to a person`s business
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million dollars each tweak their sales or was it a complete miss? Sources have mentioned the ‘Perfect Match’ as one of the most disgusting Super Bowl ads ever produced. Yet, their rhetoric was spot on. They’ve taken what they seem to stand for, complete sexy with Ivy League results, and combined it into a jaw-dropping performance. According to Mashable (a dot-com source for social media), GoDaddy’s Return on Investment (ROI) will only make sense as time goes on. Sales have risen from as low as 35% up
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Multiple Choice Answer the next two questions based on the following: A water utility manager worried that demand has changed from its former 110 million gallons monthly average samples the most recent 60 months (millions of gallons/month). TEST OF MU = 110.00 VS MU NOT = 110.00 N MEAN STDEV SE MEAN T P VALUE DEMAND 60 117.70 14.42 1.86 4.14 0.0001 1. A test is conducted at the ( = 0.01 level to determine if average monthly demand now
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Response to Discussion Mod 3 1. Job order costing is a system for assigning manufacturing costs to individual products. Job order cost systems is used when products are made based on specific customer orders. Each product produced is considered a job. Costs are tracked by each job. 2. Residential Home Construction company 2a. A Job Order Cost system can be used to help maximize profits in a residential home construction company by measuring and recording direct material cost, direct labor cost
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people will work with others that have different lifestyles and backgrounds. Many have different attitudes, beliefs, and values that come with diversity in an organization. This essay will address a situation where a person has to present quarterly sales information at a meeting. The group of people includes: managers, customers, salespeople, and skateholders. The essay will focus on communications with this type of audience and how one must approach the situation. The essay will focus on the characteristics
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ABSTRACT Critical Chain Project Management: An Overview Christopher Aitken Director: Elisabeth Umble, Ph.D. The purpose of this thesis is to introduce to the reader Critical Chain Project Management, which is the application of the Theory of Constraints (TOC) process to project management. Eli Goldratt describes the process in the book Critical Chain. Applying Critical Chain protocol will improve the projects due date performance and the quality of deliverables, whatever the project or circumstance
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receiving addtional inforrmation of the fluctuation in demands. Therefore, his inventory turnover is estimated to be at least 3 turns/year. At the moment, there is existing inefffectiveness in storage of two products : gear driven rotary whose sales have slumped recently and Monitor controller- the spare part has the function of insurance for several
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