Please do not use coursehero unlocks for these questions;

Under the weighted average approach, both inventory and the cost of goods sold are based upon the average cost of all units bought during the period. When inventory turns over rapidly this approach will more closely resemble FIFO than LIFO. Firms often adopt the LIFO approach for the tax benefits during periods of high inflation, and studies indicate that firms with the following characteristics are more likely to adopt LIFO - rising prices for raw materials and labor, more variable inventory growth, an absence of other tax loss carry forwards, and large size. When firms switch from FIFO to LIFO in valuing inventory, there is likely to be a drop in net income and a concurrent increase in cash flows (because of the tax savings). The reverse will apply when firms switch from LIFO to FIFO. Given the income and cash flow effects of inventory valuation methods, it is often difficult to compare firms that use different methods. There is, however, one way of adjusting for these differences. Firms that choose to use the LIFO approach to value inventories have to specify in a footnote the difference in inventory valuation between FIFO and LIFO, and this difference is termed the LIFO reserve. This can be used to adjust the beginning and ending inventories, and consequently the cost of goods sold, and to restate income based upon FIFO valuation.

1. Discuss the concept of the extremes of the Expected opportunity loss in human resource management

2. Introduce decision trees to the boardroom for action initiation in HRM decision makers programs

3. As in the allocation and dissemination of information by the executives under the human resource department, analyze the Perfect and imperfect information embracing factors

4. What Are the Bayes theorem contributions alongside the decision trees in human resource decision making and adoption of policies?

5. Conceptualize the game theory in the nature and beyond the recognition of the human resource utilization under competition

6. Explain on the non-zero sum game applied in the HRM fixation of ideas as well as the assumptions that cater for such a topic

7. What role is pled by linear programming on the human resource sector encompassing the restrictions?

8. What is the initial functioning scheme of the Slack variable embarking on inequality in human resource management?

9. Discus sensitivity analysis have an impact on the human resource three aspects of problem solving

10. How do changes in the coefficients of the objective function affect the optimum solution?