Minerva, inc. has one class of stock, owned 20 percent by mr. peters, 20 percent by mrs. peters, 15 percent by mrs. peters’s brother, 10 percent by mr. & mrs. peters’ grandchild, and 35 percent by an irrevocable trust with mrs. peters’ son from a previous marriage as beneficiary. mr. and mrs. peters own the following percentage of minerva, inc. directly and constructively: a. mr. peters: 50%; mrs. peters: 100% b. mr. peters: 50%; mrs. peters: 85% c. mr. peters: 65%; mrs. peters: 85% d. mr. peters: 65%; mrs. peters: 100%

Ashop owner uses a reorder point approach to restocking a certain raw material. lead time is six days. usage of the material during lead time is normally distributed with a mean of 42 pounds and a standard deviation of four pounds. when should the raw material be reordered if the acceptable risk of a stockout is 3 percent?

You own a nonunion company with 93 nonexempt employees. all of these employ- ees pack books into boxes for shipment to customers throughout the united states. because of wide differences in performance, you have decided to try performance appraisal, something never done before. until now, you have given every worker the same size increase. now you want to measure performance and reward the best performers with bigger increases. without any further information, which of the five types of appraisal formats do you think would be most appropriate? justify your answer. do you anticipate any complaints, or other comments, from employees after you implement your new system?

Assume that (i) setups need to be completed first; (ii) a setup can only start once the batch has arrived at the resource, and (iii) all flow units of a batch need to be processed at a resource before any of the units of the batch can be moved to the next resource. process step 1 molding 2 painting 3 dressing setup time 15 min. 30 min. no setup processing time 0.25 min./unit 0.15 min./unit 0.30 min./unit which batch size would minimize inventory without decreasing the process capacity?