Answer:
My straight answer is you need a Diverse team with somewhat a high level of management with Gain Sharing Program as the incentive programme.
Explanation:
Since the question is long, I'll make it shorter. The team is New, the goal is wide, the team's autonomy (working independence) is not much strong.
A Diverse team is required as the set of tasks needed to be done requires different skill sets. (like law, tax, etc.)
Although the team is highly talented, they are new and not much experienced. So, a high level of management is required at the beginning until the team stabilizes.
Since its a new and diverse team, team spirit has to be established. An unfitting rewarding system could be the very beginning of various conflicts, trust issues and jealousy among peers in the group. Eventually destroying the team altogether.
Gain Sharing program mainly focus on improving the team productivity through participation, involvement and creative innovation. Eventually the entire team's productivity goes up and then the entire team is rewarded.
Answer:
(a) Linear model
Subject to:
(b) Standard form:
Subject to:
Explanation:
Given
Solving (a): Formulate a linear programming model
From the question, we understand that:
A has a profit of $9 while B has $7
So, the linear model is:
Subject to:
Where:
Solving (b): The model in standard form:
To do this, we introduce surplus and slack variable "s"
For 
inequalities, we add surplus (add s)
Otherwise, we remove slack (minus s)
So, the standard form is:
So, the linear model is:
Subject to:
Answer:
Option (b) is correct.
Explanation:
Given that,
Sales = 145,000 units
Desired ending inventory = 28,500 units
Beginning inventory = 21,750
Budgeted production in units for November:
= Sales + desired ending inventory - Beginning inventory
= 145,000 units + (190,000 × 15%) - 21,750
= 145,000 units + 28,500 - 21,750
= 151,750 units
Answer:
A. was an effective way to hurdle entry barriers, was quicker than trying to launch a brand-new start-up or joint venture operation, and allowed Apple Inc. to move directly to the task of building a strong position in the target industry.
Explanation:
1. Was an effective way to hurdle entry barriers
There are some entry barriers that need to be crossed before entering some industry like electronic new industry in headphones and streaming music services. For example, already existing firms might patent or copyright for their intellectual property which may require Apple Inc. to its own technology or wait for some years before entering.
2. Was quicker than trying to launch a brand-new start-up or joint venture operation.
Just like one above, acquiring Beats Electronics and Beats Music in 2014 by Apple Inc. saved it from all hurdles from entry barriers or having wait for some to sort bureaucracies of launching a brand-new start-up or joint venture operation.
3. and allowed Apple Inc. to move directly to the task of building a strong position in the target industry.
Since the entry barriers had already being crossed and the bureaucracies of launching a brand-new start-up or joint venture operation have been avoided by acquiring Beats Electronics and Beats Music, this gave Apple Inc. to move directly to the task of building a strong position in the target industry without any further delay.
