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Consider a supply chain consisting of a heavy machine mfr., its part supplier, its dealer, and the customer. The mfr. produces customized machine and uses the dealer to sell to the customer. Suppose the customer's reservation price of the machine is $300,000. The retail price is $250,000. The wholesale price between the mfr. and the dealer is $200,000. The dealer's other retail related cost is $20,000. To produce the machine, the mfr. spends $50,000 as the production cost and pays the supplier $40,000 to buy the parts needed. The parts are not customized and the supplier's production cost is $10,000. What is the supply chain surplus and what is the mfr.'s objective? (Please Explain Step By Step)
Suppose you are put in charge of a virtual team whose members are located in different cities around the world. What tactics could you use to build and maintain team trust and performance, as well as minimize the decline in trust and performance that..
Under what conditions would you expect group decision making to be preferable to individual decision making? Why do you consider this the preferred method? Under what conditions would you expect individual decision making to be preferable to group de..
Describe ways you expect to use format design and visuals in your future college papers and in your professional life.
Provide the most your stunning impact on the financial institutions hit by the crisis and also provide the impact on the U.S. job market. (Subprime Mortgage Crisis) What was to be done to revitalize U.S. financial institutions with regard to reductio..
Monthly demand over the past 10 months is given below. a. Graph the demand. b. What is your best guess for the demand for month 11? c. Using a three-month moving average, calculate the forecasts for months 4, 5, 6, 7, 8, 9, 10, and 11. d. Using expon..
Health System Q is located in the same geographic area as Health System P, its main competitor. While Health System Q touts its status as a community-based integrated delivery system, Health System P leverages its role as a research-intensive academi..
What functional strategies does an organization need? What might provide the basis upon which an organization decides on a competitive strategy? Describe briefly Porter's notion of being "stuck-in-the-middle." Is it always true?
An automatic filling machine is used to fill 1-liter bottles of cola. The machine's output is approximately normal with a mean of 1.0 liter and a standard deviation of .01 liter. Output is monitored using means of samples of 25 observations. Determin..
The following represents a project that shouldbe scheduled using CPM:
what general steps should Hank follow in setting up a continuous improvement program for the company? What probmes will he have to overcome to make it work?
Layout decisions affect a wide range of facilities, from factories, supermarkets, offices, department stores, and warehouses, to malls, parking lots and garages, and kitchens.
A produce distributor uses 700 packing crates a month, which it purchases at a cost of $10 each. The manager has assigned an annual carrying cost of 35 percent of the purchase price per crate. Ordering costs are $28. Currently the manager orders once..
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