Data is an important component in capacity planning

Assignment Help Operation Management
Reference no: EM131399063

“Would you agree that data is an important component in capacity planning? Why or why not?

What do you feel is the role of data in a business, in regards to capacity planning, and how can it aid business leaders in making valid decisions?

Why do some leaders not utilize the data that is available to them?

What are the ramifications to the organization? Do you feel that an environmentally supported standard product is harder to manage than a customized one?

Are there foreseen drawbacks in customization versus mass production?

Why don’t all companies customize their products to increase consumer appeal?

Reference no: EM131399063

Questions Cloud

Perfectly competitive market : Briefly explain whether it is possible for firms in a perfectly competitive market to earn zero economic profit even if they have incurred a sunk cost upon entry into the market. Given an example of such a cost.
C++ program that accepts six fahrenheit temperatures : (cin within a loop) Write and run a C++ program that accepts six Fahrenheit temperatures, one at a time, and converts each value entered to its Celsius equivalent before the next value is requested. Use a for loop in your program.
Display the uppercase letters of the alphabet backward : Display the uppercase letters of the alphabet backward from Z to A.
Quantity for an individual firm : Now, the government starts collecting a specific tax t. What is the effect on the long-run equilibrium market quantity, market price, and the quantity for an individual firm?
Data is an important component in capacity planning : “Would you agree that data is an important component in capacity planning? Why or why not? What do you feel is the role of data in a business, in regards to capacity planning, and how can it aid business leaders in making valid decisions? Why do some..
Explain which two are resistant and which two are not : Two of the summary measures from the list mean, median, range, and interquartile range are resistant, while the other two are not. Explain which two are resistant and which two are not.
A bell shaped distribution : For example, why do you think women's heights are distributed in this way rather than, for instance, being equally spread out from about 5 feet tall to 6 feet tall?
Innovation is not the product of logical thought : Einstein once said, "Innovation is not the product of logical thought, although the result is tied to logical structure." Explain what Einstein meant in this statement. How does this statement affirm the innovative organization you researched for you..
What interest rates does the bank offer on its cds determine : What interest rates does the bank offer on its CDs determine? Evaluate the services you have learned about. What is your overall impression? Format your paper consistent with APA guidelines.

Reviews

Write a Review

Operation Management Questions & Answers

  Calculate the reorder point and the corresponding safety

the manager of a construction firm has determined from historical records that demand for cement averages 5 tons per

  What is the optimal safety stock

A paint shop implements an inventory policy on its stock of white paint, which costs the store $6 per can. Monthly demand for cans of white paint is normal with mean 28 and standard deviation 8. The replenishment lead time is 14 weeks. What is the op..

  A paint shop implements an inventory policy

A paint shop implements an inventory policy on its stock of white paint, which costs the store $6 per can. Monthly demand for cans of white paint is normal with mean 28 and standard deviation 8. What are the optimal lot size and reorder points for wh..

  How can managers shape behavior

If an employee had low self-esteem? How can managers shape behavior? Bring into your discussion the concepts of reinforcement, punishment and extinction.

  Process for handling risk events

You have been assigned to a project risk team of five members. Because this is the first time your organization has formally set up a risk team for a project, it is hoped that your team will develop a process that can be used on all future project..

  What does the future hold for affirmative action

What are the pros of Affirmative Action? Cite and discuss a relevant case where Affirmative Action was justified. What are the cons of Affirmative Action? Cite and discuss a relevant case where Affirmative Action was enforced to the detriment of the ..

  Describe what types of health care facility will provided

In preparation for your Key Assignment, you have discussed corrective action, resolved a management problem with employees showing resistance to change, and developed an organizational chart. Prepare a summary of these tasks. Research and develop ..

  What is the reorder point

If a service level of 97% is desired during the reorder interval, what is the reorder point (select the closest number)?A.

  Select method of reorganization and create new organization

Reorganizing a company can be very difficult and time consuming. It involves various resources including human interactions as well as monetary investments.

  Will increases in energy costs affect initiatives

will increases in energy costs affect initiatives such as the triple bottom line and environmental sustainability?

  Define global supply chain management strategy

There are a number of companies that utilize a global supply chain management strategy. Identify and research a company with a successful global supply chain management strategy and provide basic background information. Discuss the strategies this..

  What are the ramifications of the aging workforce

The average employee in the United States is now 40 years old. Depending on your age you may view this in different ways, but one thing is evident, the workforce is aging. If you look at it historically, 40 is really on the high side. With this chang..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd