Book Title
10th Edition
ISBN: 9781337605656
Author: CROSS
Publisher: CENGAGE L
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 14, Problem 1IS
Summary Introduction
Case summary: Firm E orders firm F to supply 150 desks for PCs. However, F delivered 150 printer stands in place of desks.
To find: The delivery of desks as acceptance or a counteroffer.
Summary Introduction
Case summary: Firm E orders Firm F to supply 150 desks for PCs. However, F delivered 150 printer stands in place of desks.
To find: The outcome of the case if F had notified E about desk as accommodation.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
2-22 The lost Israeli soldier mentioned in Problem 2-21 decides to rest for a few minutes before entering the desert oasis he has just found. Closing his eyes, he dozes off for 15 minutes, wakes, and walks toward the center of the oasis. The first person he spots this time he again recognizes as a Bedouin. What is the posterior probability that he is in El Kamin?*Note* 2-21 The oasis outpost of Abu Ilan, in the heart of the Negev desert, has a population of 20 Bedouin tribesmen and 20 Farima tribesmen. El Kamin, a nearby oasis, has a population of 32 Bedouins and 8 Farima. A lost Israeli soldier, accidentally separated from his army unit, is wandering through the desert and arrives at the edge of one of the oases. The soldier has no idea which oasis he has found, but the first person he spots at a distance is a Bedouin. What is the probability that he has wandered into Abu Ilan? What is the probability that he is in El Kamin?
At the end of 2014, a large university hospital in the Netherlands launched a procurement tender exercise for surgical suture material. The rationale for hospital management to initiate this procedure was cost-cutting and standardization. The award criteria were focussed on the most economically advantageous tender. There were different suppliers on the market that were able to produce and deliver high-quality surgical suture material for a lower price than was currently being paid. Consequently, the tender was awarded to a new supplier.
The top managers and purchasing manager who initiated the tender trod carefully and implemented this relatively small-scale change initiative according to some basic change management principles (e.g. Kotter, 2012): they built a guiding coalition that incorporated renowned medical specialists, they consulted department heads and they communicated the change to surgeons through different channels. Furthermore, it was recorded in the tender that the new…
A new integrated computer system is to be installed worldwide for a major corporation. Bids on this project are being solicited, and the contract will be awarded to one of the bidders. As a part of the pro- posal for this project, bidders must specify how long the project will take. There will be a significant penalty for finishing late. One potential contractor determines that the average time to complete a proj- ect of this type is 40 weeks with a standard devia- tion of 5 weeks. The time required to complete this project is assumed to be normally distributed.
(a) If the due date of this project is set at 40 weeks, what is the probability that the contractor will have to pay a penalty (i.e., the project will not be finished on schedule)?
(b) If the due date of this project is set at 43 weeks, what is the probability that the contractor will have to pay a penalty (i.e., the project will not be finished on schedule)?
(c) If the bidder wishes to set the due date in the proposal so that…
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.Similar questions
- Discuss Resistance to change and strategies that can be adopted to reduce resistance. Why people resist change? Include scholarly sources with the website links next to each point of information provided.arrow_forwardWhat are the key factors that influence the decline of traditional retail businesses in the digital economy? 2. How does consumer behavior impact the success or failure of legacy retail brands? 3. What role does technological innovation play in sustaining long-term competitiveness for retailers? 4. How can traditional retailers effectively adapt their business models to meet evolving market demands?arrow_forwardI need answer typing clear urjent no chatgpt used pls i will give 5 Upvotes.arrow_forward
- What are the six sources of data collection and please help to explain the qualitative data collection methods. What is the thematic analysis? How to anticipated themes in a research proposal?arrow_forwardTypes of gestures include which of the following? Group of answer choices motions accents emblems posturearrow_forwardTypes of gestures include which of the following? Group of answer choices motions accents emblems posturearrow_forward
- Gestures and movement are examples of which type of nonverbals? Group of answer choices appearance proxemics vocalics kinesicsarrow_forwardProblem 1.1 Cyber security is a very costly dimension of doing business for many retailers and their customers who use credit and debit cards. A recent data breach of U.S.-based Home Depot involved some 56 million cardholders. Just to investigate and cover the immediate direct costs of this identity theft amounted to an estimated $62,000,000, of which $27,000,000 was recovered by insurance company payments. This does not include indirect costs, such as, lost future business, costs to banks, and cost to replace cards. If a cyber security vendor had proposed 8 years before the breach that a $10,000,000 investment in a malware detection system could guard the company's computer and payment systems from such a breach, would it have kept up with the rate of inflation estimated at 4% per year?arrow_forwardExplain in detail the principle of Compounding of interest and why is it so important in Finance.arrow_forward
- Hello, please make an excel of this. Show all the cells thanks. some replied with a paper answer thank you I just cant understand the way the did it. Can someone show me all screenshots o fthis problem solved and in excel? i need to solver too for the constraints. I seen multiple times across other platforms that one of the chairs optimal solutions is 0 but they both have to be higher than 1 The Heinrich Company manufactures two types of plastic hangerracks (Foldaways and Straightaways) especially suited for mountingnear clothes dryers. Because permanent press clothing must be hungon hangers immediately after removal from the dryer, these items havebeen especially popular. However, there is some concern that thePreppie movement (popularized by its own handbook) will extinguishpolyester clothing; Heinrich is terribly interested in doing the best withthe resources it has while its products are still in demand. The firsttype of hanger rack, the Foldaway, requires 10 ounces of…arrow_forwardIs crowdfunding a good source for starting a financial planning company? Discuss why or why not it would be right for this.arrow_forwardI need answer typing clear urjent no chatgpt used pls i will give 5 Upvotes.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage Learning
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning