Questions
Northstar is a manufacturing company based in Toronto. They are in the early phases of building...

Northstar is a manufacturing company based in Toronto. They are in the early phases of building an enterprisewide information system. The information system is being built by their own in-house IT specialist. You are one of the company’s leading knowledge workers and you are involved in the system development. You and the other knowledge workers have been working with the IT specialists to help them better understand what you need from the new system. The IT specialists were initially eager to work with you but they soon lost interest in the business details. The knowledge workers complained to management that their needs were not thoroughly reviewed and that they were not asked for their approval before the project went to design. Before the iT specialists could begin to fully develop the system, management insisted that they get the knowledge workers more involved. Reluctantly, the IT specialists allowed the knowledge workers to review their project design. What the knowledge workers found was a system that had gone well beyond its original intentions, did not thoroughly respond to the knowledge workers initial requests, and was designed without any input from knowledge workers. Management has decided that the project needs to restart and that the IT specialists work closely with the knowledge workers. Management will also receive daily reports from knowledge workers. How would you as a knowledge worker ensure that the same mistakes are not made again. Use the key terms and concepts from your textbook in your answer.

In: Operations Management

Which of the following is true of the early stages of a recovery? a. job creation...

Which of the following is true of the early stages of a recovery?

a. job creation is rapid but the unemployment rate stays high
b.   job creation is slow and the unemployment rate stays high
c.   job creation is rapid and the unemployment rate falls quickly
d.   job creation is slow, but the unemployment rate tends to fall very quickly

Which of the following statistics does the general public usually watch closely in order to assess or determine how the macro economy is doing?

a.    the inflation rate derived from the CPI-U
b.    the inflation rate derived from the CPI-W
c.    New Jobs Created
d.    the Unemployment Rate
e.    real GDP

“Planning” often has the connotation of being precise and optimal. However, in actual practice, the goal of “material balancing” in the Soviet Union was to
a.    simply get a roughly balanced plan
b.    get a plan that maximized consumer goods production
c.    get a plan the was the very best plan for the economy
d. get a plan that made communist distribution possible
e.    get a plan that was not optimal, but one that was fair to all

In: Economics

In the early 1970s, inflation was hitting the U.S. economy, and one of the results was...

In the early 1970s, inflation was hitting the U.S. economy, and one of the results was that beef prices began to rise to record levels. Some of President Richard Nixon's advisers urged him to place price controls on the sale of beef cattle with the intended purpose being to hold down the price of cattle. If cattle prices were kept from rising, the advisers reasoned, then beef prices also would not rise. (The president did not follow their recommendations, but he did place overall wage and price controls on the economy for a while.) Had the president implemented this recommendation of price controls on beef cattle, would that action have resulted in lower beef prices? Why or why not?

In: Economics

Why is it important to engage the payer early in the process of drug development and...

Why is it important to engage the payer early in the process of drug development and commercialization? Describe one payer engagement strategy that you think may have the greatest impact on value creation for personalized medicine.

In: Economics

Inflation (a) What is the cosmic epoch of inflation in the early universe? How is this...

Inflation

(a) What is the cosmic epoch of inflation in the early universe? How is this different from the usual expansion of the universe?

(b) What similarities and differences are there between inflation and dark energy?

In: Physics

Remember, a start-up is the early stage of a business in which it is searching for...

Remember, a start-up is the early stage of a business in which it is searching for a scalable model, so consider what the most minimalistic version of your product or service is. Demonstrate your knowledge of bootstrapping, lean methodology techniques, and low-cost experimentation to keep your costs down. What is the start-up cost associated for a liquor store business. Make sure that your sources are credible and be sure to cite your sources. If you do not cite your sources, your answer will not be accepted. Solve in excel.

In: Operations Management

The paradox of thrift is an idea that was popularized by the early 20th century economist...

The paradox of thrift is an idea that was popularized by the early 20th century economist John Maynard Keynes. It says that when individuals try to save more (such as during uncertain economic times), it will lead to a fall in aggregate demand and hence in income. Keynes was arguing that what seems to be a good idea – i.e. thrift – produces a bad outcome – i.e. a fall in income.

-Using the equation describing goods market equilibrium, explain how Keynes arrived at his conclusion.

-Using the graphical description of goods market equilibrium that focuses on savings and investment, does the same conclusion hold? How so?

-What do you think? Is it a true or false paradox?

In: Economics

Sweater Co offers its customers the right to return any products purchased up to 30 days...

Sweater Co offers its customers the right to return any products purchased up to 30 days after the sale, for any reason. Last Tuesday, Sweater Co sold 100 red sweaters to different customers. Based on historical experience, Sweater Co expects 15 of those sweaters to be returned for a full refund. Each sweater sells for $80 and costs the company $35 to produce. What entries should be made?

In: Accounting

A mixture of 0.157 moles of C is reacted with 0.117 moles of O2 in a...

A mixture of 0.157 moles of C is reacted with 0.117 moles of O2 in a sealed, 10.0 L vessel at 500.0 K, producing a mixture of CO and CO2. The limiting reagent of the below reaction is carbon.

3C(s)+2O2​(g) CO2​(g)+2CO(g)

For 0.157 moles of carbon, determine the amounts of products (both the CO and CO2) formed in this reaction. Also determine the amount of O2 remaining and the mole fraction for CO.

In: Chemistry

For the following reaction, Kc = 255 at 1000 K. CO (g) + Cl2 (g) ⇌...

For the following reaction, Kc = 255 at 1000 K. CO (g) + Cl2 (g) ⇌ COCl2 (g) A reaction mixture initially contains a CO concentration of 0.1550 M and a Cl2 concentration of 0.171 M at 1000 K. What is the equilibrium concentration of CO at 1000 K. What is the equilibrium concentration of Cl2 at 1000 K? What is the equilibrium concentration of COCl2 at 1000 K? Express all answers to three significant figures

In: Chemistry