PRIN.OF OPERATIONS MANAGEMENT-MYOMLAB
11th Edition
ISBN: 9780135226742
Author: HEIZER
Publisher: PEARSON
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Question
Chapter 8, Problem 1ED
Summary Introduction
Introduction: Company UA announced its competition in establishing its new billion dollar aircraft-repair base by selecting a town. The bid was for prize of 7,500 jobs which pays $25 per hour. City O offered $154 million and city D offered more than twice the amount. City L offered $300 million.
Company UA selected city I which bidded $320 million from 93 cities competiting with eachother. The company UA walked away from the massive center almost nearing to bankruptcy which left the local governments out of money with no new tenants. The city is just equipped with 12 elaborately hangar bays and company UA outsourced its maintenance to a southern firm.
To determine: The ethical, legal and economic implications of bidding wars and find who pays for such giveaways and can local voter be involved in such bidding and is there a limit on these incentives.
Expert Solution & Answer
Explanation of Solution
Implications of bidding wars:
Finding the right location is one of the most important aspects for running a successful business because right location selection will help in reducing tons of expenses. Locating the exact or suitable location for a company is not an easy task and many companies compete with eachother in bidding wars to win a certainlocation which will give high competitive edge. However these bidding wars has its own implications with respect to economic, legal and ethical side.
A state has to generate enough employment opportunities for its citizens for the flow of goods and production. So, it has to allow signification number of companies to enter and open business and so the tax imposes on the companies are low. It will attract more number of companies to enter in. But these tax exemptions are imposes on the fellow cititzens of the states which will be a significant drawback.
With company UA spread of incentives offered by every state and cities has a downside. City O and city L had got advantage in losing the bidding. The bidding is conducted by the government and so local voters are not made to involve in the bidding.
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Students have asked these similar questions
1) View the video Service Processing at BuyCostumes (10.41 minutes, Ctrl+Click on the link); what are your key takeaways (tie to one or more of the topics discussed in Chapter 3) after watching this video. (viddler.com/embed/a6b7054c)
Note: As a rough guideline, please try to keep the written submission to one or two paragraphs.
2) Orkhon Foods makes hand-held pies (among other products). The firm’s weekly sales of hand-held pies over the past seven weeks are given in the table. The firm’s operations manager, Amarjargal, wants to forecast sales for week 8.
Weeks
Sales of hand-held pies(000s)
1
19
2
18
3
17
4
20
5
18
6
22
7
20
Forecast the week 8 sales using the following approaches:
a) Naïve approach
b) 5-month moving average
c) 3-month weighted moving average using the following weights: 0.50 for week 7, 0.30 for week 6, and 0.20 for week 5.
d) Exponential smoothing using a smoothing constant of 0.30, assume a week 2…
What area of emotional intelligence refers to the ability to manage your emotions, particularly in stressful situations, and maintain a positive outlook despite setbacks?
relationship management
self awareness
social awareness
self management
What area of emotional intelligence refers to the ability to manage your emotions, particularly in stressful situations, and maintain a positive outlook despite setbacks?
relationship management
self awareness
social awareness
self management
Chapter 8 Solutions
PRIN.OF OPERATIONS MANAGEMENT-MYOMLAB
Ch. 8 - Prob. 1EDCh. 8 - Prob. 1DQCh. 8 - Prob. 2DQCh. 8 - Prob. 3DQCh. 8 - Prob. 4DQCh. 8 - Prob. 5DQCh. 8 - Prob. 6DQCh. 8 - Prob. 7DQCh. 8 - Prob. 8DQCh. 8 - Prob. 9DQ
Ch. 8 - Prob. 10DQCh. 8 - Prob. 11DQCh. 8 - Prob. 12DQCh. 8 - Prob. 13DQCh. 8 - Prob. 14DQCh. 8 - Prob. 15DQCh. 8 - Prob. 16DQCh. 8 - Prob. 17DQCh. 8 - Prob. 18DQCh. 8 - Prob. 1PCh. 8 - Prob. 2PCh. 8 - Prob. 3PCh. 8 - Prob. 4PCh. 8 - Prob. 5PCh. 8 - Prob. 6PCh. 8 - Prob. 7PCh. 8 - Prob. 8PCh. 8 - Prob. 9PCh. 8 - Prob. 10PCh. 8 - Prob. 11PCh. 8 - Prob. 12PCh. 8 - Prob. 13PCh. 8 - Prob. 14PCh. 8 - Prob. 15PCh. 8 - Prob. 16PCh. 8 - Prob. 17PCh. 8 - Prob. 18PCh. 8 - Prob. 19PCh. 8 - Prob. 20PCh. 8 - Prob. 21PCh. 8 - Prob. 22PCh. 8 - Prob. 23PCh. 8 - Prob. 24PCh. 8 - Prob. 26PCh. 8 - Prob. 27PCh. 8 - Prob. 28PCh. 8 - Prob. 29PCh. 8 - Prob. 31PCh. 8 - Prob. 32PCh. 8 - Prob. 1CSCh. 8 - Prob. 2CSCh. 8 - Prob. 3CSCh. 8 - Prob. 4CSCh. 8 - Prob. 1.1VCCh. 8 - Prob. 1.2VCCh. 8 - Prob. 1.3VCCh. 8 - Prob. 2.1VCCh. 8 - Prob. 2.2VCCh. 8 - Prob. 2.3VCCh. 8 - Prob. 2.4VC
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