List the seven actions managers can take to adjust capacity as needed
What will be an ideal response?
Schedule downtime during periods of low demand.
Use part-time employees.
Rent or share extra facilities and equipment.
Ask customers to share.
Invite customers to perform self-service.
Cross train employees.
Create flexible capacity.
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The annual cash requirement for a firm is $1,000,000. The cost for each security transaction is $20 and current short-term return is 5 percent. Using Baumol's model estimate the initial cash balance.
A) $28,284.27 B) $21,285.16 C) $16,814.28 D) $11,152.16
Which of the following statements is true regarding the types of self-administered surveys?
a. Mail surveys ensure faster and greater response rates. b. Mail panel surveys can be used for longitudinal surveys. c. Drop-off surveys are less expensive than mail surveys. d. Online surveys require coding e. Mail surveys have high interviewer-related costs.