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1. An organization only has so much capital at its disposal. It must use this capital for day-to-day operations, as well as any other plans it may have for future growth. How does an organization decide how much of its available cash to allocate to operations and how much to allocate to strategic investments?

2. Utilizing the formula provided M(t) = ? (Ta – To)?t and the TTF of 1408.31 hours for concrete that has a compressive strength of 2500 psi. (show your calculations) Determine the number of hours a contractor has to wait in order to strip formwork. Cement hydration stops at 32°F and the temperature of the concrete at the time of opening is 70°F.

Operation Management, Management Studies

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