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In February, Wally Wade, owner of Bama Fan Supplies, Inc., must place an order with Nike for the new Alabama football shirts for the coming season. The long lead time is required for the contract manufacturers in Asia to order the necessary materials and to begin production in April. The shirts will be delivered to Wally in early-August just in time for the new season. Nike will charge Wally $50 for each shirt he orders, and he will sell each shirt for $75 during the season. There will not be another opportunity for Wally to order any more shirts if he runs out. At the end of the season Wally will sell all the shirts that are left at a price of $15. Obviously, Wally doesn’t know exactly what the demand for these shirts will be, but during the past couple of years he has sold an average of 500 shirts each season. a. Draw an influence chart for this problem. b. Construct a spreadsheet model to analyze Wally’s decision. Use an order quantity of 600 and a demand of 525 for your base case values
Using an example, describe possible changes that might ocurr if project progress is not planned. Describe how a project manager can determine project progress for each element in the project balance scorecard.
Consider modeling a warehouse with three in-flow arcs and three outflow arcs. The warehouse node is a transshipment node but has a capacity of 100. How would one modify the network model to enforce the capacity limit?
The branch manager wants to improve the service and suggests dispatching buses every 0.5 minutes. She argues that this will reduce the average traveling time (a round trip) to 2.5 minutes . Is she correct? If your answer is negative, then what wil..
Elucidate what other relevant factors which are not mentioned in this case study might play a role in team's decision.
Research a company that has had recent bad customer service and explain what you would do differently as the owner of the business. Please use class related topics from this week's learning material. Assignment on Correcting Bad Customer Service
Substantial Performance. The Caplans own a real estate lot, and they contract with Faithful Construction, Inc., to build a house on it for $360,000. The speci?cations list “all plumbing bowls and ?xtures . . . to be Crane brand.” The Caplans leave on..
What are the four approaches for staffing for global operations? What are their advantages and disadvantages?
This company currently is in the travel and hotel support industry. As such, you supply support services to the travel and hotel industry such as linen services to cruise ships and major hotel chains in the Southeastern United States. Most of your..
Explain the relationship between logistics systems and cost. Identify techniques used to perform a logistics system analysis. Summarize approaches that analyze logistics systems.
In an essay of 500-1,000 words, highlight the importance of inter and intra-agency cooperation in the success of the aviation security mission.
Explain why many economists argue that an income tax penalizes savers but a consumption tax would not. In what sense can consumption be regarded as a better index of the ability to pay taxes than income?
In your opinion, what steps could be taken to better deter illegal acts such as piracy and counterfeiting? Can you envision a scenario where companies and consumers reach a relationship that eliminates the profitability of these acts.
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