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Strike441 [17]
2 years ago
13

Linear programming, simulation and waiting line theory are most closely associated with which era in the historical development

of operations management ? human relations operations research globalization Internet revolution
Business
1 answer:
Strike441 [17]2 years ago
5 0

Answer:

operations research

Explanation:

Operations research -  

It is the research method , which deals with the  application of the analytical method which enables to make good method , is referred to as operations research.

Stimulation , Linear programming and waiting line theory , are under the operations research .

Hence, from the given information of the question,

The correct term is operations research.  

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A firm utilizes a strategy of capital rationing, which is currently $375,000 and is considering the following two projects: Proj
irinina [24]

Answer:

The manager should pick project B

Explanation:

To determine what decision the manager should make, the NPV of both projects should be calculated.

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

NPV for project A

Cash flows:

Year 0 = $-335,000

year 1 = $140,000

year 2 = $150,000

year 3 = $100,000

I = 6%

NPV= $14,536.87

NPV for project B

Cash flows:

Year 0 = $-365,000

year 1 = $220,000

year 2 = $110,000

year 3 = $150,000

I = 6%

NPV= $66,389.67

Both projects are profitable but because the firm uses capital rationing , the manager has to pick the now profitbale project, which is project B.

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

7 0
2 years ago
In which career would you typically oversee the creation of materials that communicate a favorable public image of your employer
Darya [45]

Answer:

B) Public Relations Manager

Explanation:

A public relations specialist is someone who creates and maintains a favourable public image for their employer or client. They write material for media releases, plan and direct public relations programs, and raise funds for their organizations.

Hope this helps..please vote with thanks

5 0
2 years ago
Ingvar Kamprad’s influence over IKEA may have even been stronger than that of Sam Walton over Walmart because IKEA is a privatel
julia-pushkina [17]

Answer:

There are similarities in the way businesses are run, but the management and influencing capacity on both are completely different.

Though during the founding days both the organizations, IKEA and Walmart operated under direct influence of the founders.

Also,  power and responsibility is more shared, though there would be some adaptation and conflict changes that is expected, but it is differently structured than Walmart and would not suffer much.

Explanation:

Solution:

Now,

There are similarities in the way businesses are run, but the management and influencing capacity on both are completely different.

Though during the founding days both the organizations, IKEA and Walmart operated under direct influence of the founders.

Where as Walmart still had a lot of key decisions directly made through the founders,

  • Key global expansion
  • Key local management

Everything was micro managed from the HQ through Sam.

But after the few years of success, the model of IKEA remained same but they went to several countries and became more regional.

Global decisions were made from The HQ under the direct supervision of Ingvar  But all the key regional war was given to a CEO, who had all the decisions to make.

This way there was a lot of power sharing and responsibility distributed. In case of any problem, HQ has interruptions to make it correct.

This implies power and responsibility is more shared, though there would be some issues and adaptation changes that is expected, but it is differently structured than Walmart and would not suffer that much.

Therefore, No the effect would not be similar to that of Walmart leadership transition.

7 0
3 years ago
Many companies moved their operations from new england and the midwest to locations in the south because
Diano4ka-milaya [45]

Many companies moved their operations from new england and the midwest to locations in the south because: the South had less expensive site factors than northern regions.

<h3>Change of operation location from midwest to south</h3>

The major reason why most companies tend to moved their operation to south was to maximize profit.

Compare to midwest, the site factors such as rew material, labor and land were more cheaper in the south.

This companies change their operation location because they want to reduce cost as their aims and objective is to generate or maximize profit.

Inconclusion the South had less expensive site factors than northern regions.

Learn more about Change of operation location from midwest to south here:brainly.com/question/503796

8 0
1 year ago
Marketing cannot be successful if the product is not what the customer wants or if the quality is low.
makvit [3.9K]
The answer it true.
8 0
3 years ago
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