UK Life Cycle Costing Discussion

Description

1)Reflect on the assigned readings for the week. Identify what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding.

Also, provide a graduate-level response to each of the following questions:

a)Given that individuals tend to judge the favorability of their outcomes relative to what others receive, what can be the result of someone getting rewarded for their performance but yet being disappointed in the reward that they receive?

b)Lewis Vacation Rentals has been experiencing a recent decline in its bookings. In an effort to increase sales, the company is offering its employees a 1 percent share in the company profit over the next six months in addition to regular employee salaries. Will this plan increase motivation? Why or why not?

2)Reflect on the assigned readings for the week. Respond to the following prompts: “What do I feel are the most important aspects of my learning in the chapters this week?” and “What about this learning was really worthy of my time and understanding?” Then explain how important it is in society or business.

Also, provide a graduate-level response to each of the following questions:

a)Discuss the effect of taxes on the life-cycle costing (LCC) of passenger cars. Compare domestic and imported cars.

b)Discuss the effect of LCC on the decision to locate a new warehouse