Draw a network representation for this problem.
RVW (Restored Volkswagens) buys 15 used VW's at each of two car auctions each week held at different locations. It then transports the cars to repair shops it contracts with. When they are restored to RVW's specifications, RVW sells 10 each to three different used car lots. Various costs are associated with the average purchase and transportation prices from each auction to each repair shop. There are also transportation costs from the repair shops to the used car lots. RVW is concerned with minimizing its total cost given the costs in the table below.
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Flannery Company, a manufacturer of small appliances, had the following activities, allocated costs, and allocation bases:
The above activities are carried out at two of its regional offices.
According to Weick and Westley (1999), organizing and learning are antithetical processes, for this reason, they say organizational learning is ____________.
a. Very important b. An oxymoron c. Problematic d. Impossible
Which of the following is NOT a strength of the payback method of capital budgeting?
A) The payback values are relatively simple to calculate. B) When comparing projects the payback method decision is intuitive. C) The payback method uses all project cash flows in establishing the project payback period. D) It is a quick measure of the inherent risk of a project.
Discuss the importance of making presentations that are well organized, professionally developed, and effectively delivered.
What will be an ideal response?