What are stakeholders? How do the three primary stakeholder groups influence organizations'

A newly formed firm must decide on a plant location. There are two alternatives under consideration: locate near the major raw materials or locate near the major customers. Locating near the raw materials will result in lower fixed and variable costs than locating near the market, but the owners believe there would be a loss in sales volume because customers tend to favor local suppliers. Revenue per unit will be $185 in either case. Using the following information, determine which location would produce the greater profit.

The following information pertains to telephone calls to a motel switchboard on a typical Tuesday

a. Determine the average time callers wait to have their calls answered for each period and the probability that a caller will have to wait for each period. b. For each case in the previous problem, determine the maximum line length for a probability of 96 percent.

Trucks arrive at the loading dock of a wholesale grocer at the rate of 1.2 per hour. A single crew consisting of two workers can load a truck in about 30 minutes. Crew members receive $10 per hour in wages and fringe benefits, and trucks and drivers reflect an hourly cost of$60. The manager is thinking of adding another member to the crew. The service rate would then be 2.4 trucks per hour. Assume rates are Poisson. a. Would the third crew member be economical? b. Would a fourth member be justifiable if the resulting service capacity were 2.6 trucks per hour?

A five-year project has a projected net cash flow of $\$15,000$, $\$25,000$, $\$30,000$, $\$20,000$, and $\$15,000$ in the next five years. It will cost $\$50,000$ to implement the project. If the required rate of return is 20 percent, conduct a discounted cash flow calculation to determine the NPV.

Referring to previous problem, suppose that each server could handle four customers per hour. Answer the questions posed in the problem. Explain why the impact of reassigning customers is much less than in previous problem.

Describe three types of coordination in organizational structures.

Describe the key features of task-oriented, people-oriented, and servant leadership, and discuss their effects on followers.

A manager must determine requirements for waiting space for customers. A priority system is used to process customers, who are assigned to one of two classes when they enter the processing center. The highest-priority class has an arrival rate of four per hour; the other class has an arrival rate of two per hour. Both can be described as Poisson-distributed. There are two servers, and each can process customers in an average of 15 minutes. a. What is the system utilization? b. Determine the number of customers of each class that are waiting for service. c. Determine the average waiting time for each class. d. If the manager could alter the assignment rules so that arrival rates of the two classes were both 3/hour, what would be the revised average waiting time for each priority class?

List four categories of artifacts through which corporate culture is deciphered.

Suppose you are going to have a prescription filled at a local pharmacy. Referring to the dimen- sions of service quality for each dimension, give an example of how you would judge the quality of the service.

A retired auto mechanic hopes to open a rustproofing shop. Customers would be local new-car dealers. Two locations are being considered, one in the center of the city and one on the outskirts. The central city location would involve fixed monthly costs of $7,000 and labor, materials, and transportation costs of$30 per car. The outside location would have fixed monthly costs of $4,700 and labor, materials, and transportation costs of$40 per car. Dealer price at either location will be $90 per car. a. Which location will yield the greatest profit if monthly demand is (1) 200 cars? (2) 300 cars? b. At what volume of output will the two sites yield the same monthly profit?

What is corporate-level strategy and why is it important/

Businesses sometimes acquire widely dispersed processing facilities through a number of mergers or acquisitions. What trade-offs might they face in considering consolidation?