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Suppose that you own or manage a firm that has contracted with a buyer to supply certain goods to the buyer. You have arranged for a third party to ship the goods directly to the buyer, so you never see the goods. If you believe that the buyer is wrongfully rejecting some of the goods, do you have any recourse? Specifically, do you, as the seller, have a right to inspect those rejected goods? To find the answer to this question, read the following state statute from the Revised Code of Washington which presents Washington's equivalent of the Uniform Commercial Code (UCC) 2–515.Answer the following questions:
1. What does paragraph (a) say about the right of inspection? If the goods are in the possession of the buyer, may the seller inspect them?
2. Suppose that you want to have an agent (someone who works on your behalf and, in this instance, a third party to the contract) inspect the goods that are in the buyer’s possession. Does this section of the UCC permit such inspections by third parties?
3. As an economic consideration, what do you suppose are the costs of inspection?
Consider University of Minnesota as a business. What is/are University of Minnesota’s product(s)? Explain your answers.
Select a type of small business. Then, following the Operations Processes (Input - Processes - Output), describe ways the business owner can provide high quality with each activity in the operations of that business.
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Goldratt's Theory of Constraints is an approach used to achieve continual improvement in the workplace. Discuss how you would apply Goldratt's Theory of Constraints to identify and overcome bottlenecks in this process.
Research an article on Steve Jobs/Apple that discusses a communication incident, either positive or negative. For example, maybe your company recently implemented a new return policy, how was this communicated to team members or customers? Or maybe a..
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Formulate a mathematical linear program to minimize the total cost. Clearly define your decision variables, objective and constraints
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Evaluate and explain how efficiency and effectiveness impact the performance of a nonprofit organization.
Illustrate what is capacity balance also explain why is it difficult to achieve in practice. Discuss the methods that might be available to a business to address capacity imbalance.
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