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1. How would you respond to the criticism that EOQ models tend to provide misleading results because values of D, S, and H are, at best, educated guesses?
2. Explain briefly how a higher carrying cost can result in a decrease in inventory.
3. What is safety stock, and what is its purpose?
4. Under what circumstances would the amount of safety stock held be
a. Large? b. Small? c. Zero?
5. What is meant by the term service level? Generally speaking, how is service level related to the amount of safety stock held?
6. Describe briefly the A-B-C approach to inventory control.
1. you are operating a concession stand selling hamburgers hot dogs french fries and fountain drinks. your processes
We learned that CSR can be viewed as a pyramid with Philanthropic Responsibilities at the top. Discuss what particular advantages accrue to companies who proactively take steps to be philanthropically responsible.
Describe the relationship between purchasing and the work breakdown structure (WBS).
This week, using your homework assignment from last week (your proposal you wrote for your supervisor on whether to purchase the training modules you evaluated), create two evaluation instruments for one of the training modules that you reviewed last..
What are the most valuable things you learned about the four functions of management? Planning, Organizing, Leading and Controlling. Discuss the valuable things about motivation and communication techniques
It has been said that the rules for success are written outside the organization but competitive advantage must be found within the organization. Explain this statement.
Under what environmental conditions are price wars most likely to occur in an industry? What are the implications of price wars for a company?
Businesses across the globe are using data collection techniques and tools to amass war chests of information to leverage to create/maintain advantage. But, is this activity being deployed by companies like Google, Amazon, and thousands of others tru..
Perform an analysis of TJ's product-mix problem, and prepare a report for TJ's president that summarizes your findings. Be sure to include information and analysis.
Explain how does an organization's mission, vision, goals, philosophy, managerial roles also leadership impact the design, development also implementation of an organizational security plan.
Determine how you as project leader would handle having four team members with four different, distinct temperaments.
Analyze at least three potential management conflicts that may arise due to the identified differences and propose solutions for each to help combat these conflicts. Use at least one chart or graph in your PowerPoint presentation.
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