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1. How accurate is your local five-day weather forecast? Support your answer with actual data.
2. How is forecasting in the context of a supply chain different from forecasting for just a single organization? Lists possible supply chain benefits and discuss potential difficulties in doing supply chain forecasting.
3. Which type of forecasting approach, qualitative or quantitative, is better?
Now describe the process you would use to communicate the change.
Recently, Phil Harris, the production control manager at Brunswick, read an article on time-phased requirements planning. Find a better schedule by reducing the number of orders and carrying some inventory. What are the savings with this new schedu..
Korner Hardware manager Emerson Jones is interested in determining how many nativity scenes to order for the 10-day holiday season.
Which of the following examples would qualify the company to hire the intern as an unpaid employee?
Consider a firm that makes bags of Jelly Belly jelly beans. If the mean (target) of the process is 350 jelly beans, is the process capable?
What consequences, if any, do directors face for a breach of fiduciary duty? Brown, the president and director of a corporation engaged in owning and operating a chain of motels, was advised, on what seemed to be good authority that a superhighway wa..
Does a company's leadership have a responsibility to continue to build product sales and profits (and shareholder value) while seeking conclusive research results whether or not a product is indeed harmful? What other examples can you recognize in th..
What is the EOQ? What are the total annual costs of holding and ordering (managing) this inventory? How many orders should Discount-Mart place with Specialty Lighting per year?
How will you (or do you) make decisions based on your cognitive style? What might you overlook using your preferred approach?
Discuss a situation where you resisted change. Be sure to refer to the textbook's resistance to change reasons. What was your initial reaction?
You are assuming role of project manager for company called SuperPacks to provide a new backpack product with a built-in refrigeration pouch and radio module.
How do the results compare with the results obtained using a normal distribution?
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