our consulting firm specializes in work measurement studies, and you have just been given a dream assignment. You are to fly to Singapore next week and conduct a study of the Ferrari Formula One team in action. Specifically, you are to observe and offer improvements of the pit stops. Once you get to the pit area, you start taking measurements. Your first step is to record the present pit stop method, so you record the process and times; Car stops, car lifted, lug nut off, wheel off, new wheel on, lug nut on, car dropped and finally released. All is about 2 seconds. After you have had some time to analyze the pit stop you propose an improvement on a second chart and present it to the team to use in future pit stops. What type of methods analysis chart did you produce

Upscale hotels in the united states recently cut their prices by 20 percent in an effort to bolster dwindling occupancy rates among business travelers. a survey performed by a major research organization indicated that businesses are wary of current economic conditions and are now resorting to electronic media, such as the internet and the telephone, to transact business. assume a company's budget permits it to spend $5,000 per month on either business travel or electronic media to transact business. graphically illustrate how a 20 percent decline in the price of business travel would impact this company's budget set if the price of business travel was initially $1,000 per trip and the price of electronic media was $500 per hour. suppose that, after the price of business travel drops, the company issues a report indicating that its marginal rate of substitution between electronic media and business travel is 1. is the company allocating resources efficiently? explain.

In terms of the "great wheel of science", statistics are central to the research process (a) only between the hypothesis phase and the observation phase (b) only between the observation phase and the empirical generalization phase (c) only between the theory phase and the hypothesis phase (d) only between the empirical generalization phase and the theory phase

Calculate riverside’s financial ratios for 2014. assume that riverside had $1,000,000 in lease payments and $1,400,000 in debt principal repayments in 2014. (hint: use the book discussion to identify the applicable ratios.)