Your friend Steve recently completed a six-week long managerial training program at his workplace. The program focused a great deal on managing underperforming employees and problem employees. However, it did involve any discussions on managing star employees. Consequently, Steve came back from the program with the impression that star employees are self-motivated and "easy to manage." Is he right? If he is not, advise him on how to motivate star employees.

Should the government be downsized? which functions should be cut back? which ones should be expanded?

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.

Increases in output and increases in the inflation rate have been linked to