What are the benefits of retaining customers?

Q: 3.  Give examples of successful new product categories in any industry and identify reason for their...

A: The method of introducing a new product to the marketplace is the production of new products (NPD). ...

Q: Describe what is Implementation of lean?

A: Lean implementation: Lean Implementation is a transformational process and needs to support organiza...

Q: Describe the traditional cost relationship in waiting lineanalysis.

A: Waiting line analysis is a critical part of both the service and manufacturing industries. It deals ...

Q: The ticket booth on the Tech campus is operated by oneperson, who is selling tickets for the annual ...

A: Given: Mean arrival rate of customers (λ) =8 Mean service rate (μ) =12  

Q: Explain the three bases of formal power and the two bases of personal power.

A: Perhaps the most common access to one or more of the power bases is one's structural role in formal ...

Q: What activities are involved in the operations function?

A: Operation function is a business function which takes into consideration all the activities which ar...

Q: What is the current technology stage of all electric cars' industry? (use the industry life cycle fr...

A: The Industry Life Cycle signify to the development of an industry or business through four different...

Q: 6. Suggest the optimal assignment schedule for the following assignment problem: Sale ( in lakh) vlo...

A: Please follow the sequence for the final answer.

Q: Give an example of a fixed-position layout for producing aproduct and providing a service.

A: A fixed-position layout is a place the item remains fixed while labourers go to the item site to ass...

Q: The Americo Oil Company is considering making a bid for a shale oil development contract to be award...

A: Given information Cost of preparing the contract = $ 2 Million  Guaranteed Profit = $30 Million  Com...

Q: As the acceptable level of detection risk decreases, the auditor may do one or moreof the following ...

A: 4) Assurances provided by audit procedures at a lower level

Q: Give and explain 5 different types of contracts a franchise can enter into .

A: The 5 different types of contracts that a franchise can enter are listed below: Single unit franchi...

Q: The Canadian government has built a large grain-shipping port at Churchill, Manitoba, on the Hudson ...

A: Availbale time =50days=50×24=1200 hoursEach ship =six hours for loading by a single crewPort capacit...

Q: In what type of environment is lean production mostsuccessful?

A: A lean production system is an approach adopted by management in modern markets to avoid any kind of...

Q: what industry forces might cause a propitious niche to disappear?

A: Any organization in the market needs external and internal factors that benefits them and create a c...

Q: The Big Buy Supermarket stocks Munchies Cereal. Demand for Munchies is 4,000 boxes peryear (365 days...

A: Re-order is a point where the company has to place orders for required input resources such as raw m...

Q: What is a Crossover chart?

A: The crossover is a point on the trading chart in which a security price and a techical indicator lin...

Q: Huntz Food Products is attempting to decide if it shouldintroduce a new line of salad dressings call...

A: The decision tree based on the given information is as follows:

Q: A manager of a trav company using the following data for the pacCkaged tours. Compute additive seaso...

A: D3=D1+D5+2(D2+D3+D4)8=1800+1848+2(1525+2100+1940)8=1847 By formula From above equation , first Dese...

Q: Joe, the owner of Genuine Reproductions (GR), a companythat manufactures reproduction furniture, is ...

A:  Given, COGS=$3,000,000Avg. inventory =$250,000.Inventory turnover=COGSTotal inventory investment=$3...

Q: Community Federal Bank in Dothan, Alabama, recently increased its fees to customers who use employee...

A: Using trend projection with regression to forecast usage for weeks 13–16.

Q: Manufacturing Aggregate Planning     Manufacturers Inc. (MI) currently has a labor force of 10, whic...

A: Level strategy period 1 2 3 4 5 6  Forecast 700 600 450 250 500 550 Production planned 508 508 508 5...

Q: What Is assembly chart?

A: An assembly chart is used to display the sequence required to put a finished product together. It sh...

Q: Assess the planning, monitoring, and controlling of projects using the Program Evaluation and Review...

A: The Program Evaluation Review Technique (PERT) is a technique used in project management to determin...

Q: On which supply chain drivers should a firm trying to shrink its cash to cash cycle time focus? Expl...

A: The eradication of the cash transfer while using supply chain drivers has a immense impact on workin...

Q: How does the cost of optimization and quality improvement change as companies become more efficient?

A: Cost optimization refers to minimizing a company's costs and its risks while maximizing its revenue....

Q: Evergreen Fertilizer Company produces fertilizer. The company's fixed monthly cost is $25,000, and i...

A: Breakeven refers to a point where the company is in a stable position i.e. revenues or profits are e...

Q: Explain what is meant by an imprest payroll account. What is itspurpose as a control over payroll?

A: Imprest payroll account is the separate account that is held through corporation which contains the ...

Q: An electronics firm located near Phoenix, Arizona, is considering where to locate a new phone switch...

A: Given locations of buildings are, (0,0),(2,6),(10,2),(3,9) and (0,4)    

Q: Arsenal Electronics is to construct a new $1.2 billion semiconductor plant and has selected four sma...

A: In the above question, we have four different alternative locations based on 14 parameters or decisi...

Q: Jeffrey Mogul is a Hollywood film producer, and he is currently evaluating a script by a new screenw...

A: