Answer:
The answers are:
- When managers come up with their own plans, they are likely to be more committed to following through on them.
- The environment is a dynamic one, and department and front line managers can come up with more responsive plans than can central leadership.
Explanation:
Personally I consider a very good idea if the Board of Governors decides to hire planning specialists to help regional or local managers develop their own plans. There are several advantages with this approach:
Regional managers know their "markets" and how to act and deal with them. I guess most of the Board of Governors is made up of wealthy or very important members, and many times their reality is very different than that of normal regular people.
Also, if regional managers can come up with their own plans, they will be extremely motivated to follow them through. They know that if something goes wrong, all the fingers will blame them.
Answer:
Last paragraph
Explanation:
Finally, Jeremey has also divided the problem into smaller parts, such as production costs, overheads, downtime expense, repair expenditure, and so on.
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
SmartSC
The economic order quantity (EOQ) for Supplier A is:
= c) 253
Explanation:
a) Data and Calculations:
Supplier A Supplier B
Price per unit $30 $6
Annual unit demand 7,200 3,000
Annual holding cost $9 $1.80 ($6 * 30%)
Ordering cost $40
Economic order quantity for Supplier A = square root of (2 * D * S)/H
where D = Annual demand in units
S = Ordering cost per order
H = Holding cost per unit
= square root of (2 * 7,200 * $40)/$9
= square root of 64,000
= 253
Answer:
The correct answer is letter "D": his technical skills are of the utmost priority.
Explanation:
Shift managers require <em>technical and conceptual skills</em>. However, most of their job implies being in permanent interaction with subordinates in helping them perform their day-to-day duties efficiently. Then, the technical skills are likely to be more necessary for this type of job.