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Q. 1. Illustrate what are pros and potential cons to Red Fish, Blue Fish of having China (Liu-sheng Trading Business) as its sole source of supply? Illustrate what would you recommend?
2. Illustrate what supply challenge would Red Fish, Blue Fish, face in expanding into South America? Do you recommend expanding aggressively into South America? Explain why or why not?
Explain the elements of valid contract, and describe how consumers and banks each have a duty of good faith and fair dealing in the banking relationship.
what gripes travellers almost as much as these annoyances is finding out that the person sitting next to them paid a much lower fare than they did for their seat.
The standard deviation of lead time is 1.5 days. Assume 260 days in the year and an average lead-time of 6 days. Illustrate what is the EOQ.
Evaluate your priority sequences in a) on average flow time from now, average lateness (with no credit for being early) and average days early (with zero days early for a job that is late).
Briefly define empowerment and describe three important conditions you would ensure existed in this plant to improve empowerment among production employees.
How do you see the basic principles of project management aiding the operations manager/manageress in introducing change to the system/ process?
A company is deciding if it should do design of a product in-house or outsource the design. If outsourced the cost for a low bidder would be $40,000 and the cost for an expensive bidder $100,000.
This solution states the usefulness of surveys in determining the reason for high turnover rates in organization.
Time to service for a customer is exp1ntially distributed with a mean of 15 minutes. Illustrate what is total time in system for this service. Determine average number of people waiting for service.
A single pigeon has a 0.7 probability of arriving at the proper destination in a timely fashion. How many pigeons, each carrying an identical set of orders, must Grant send in order for him to have 98% confidence (reliability) that the orders reach G..
Why is the idea of a ‘line of fit' such a useful concept in explaining describes how an operations strategy can be implemented successfully.
Illustrate what is optimal order quantity. Illustrate what is annual holding cost. Illustrate what is annual ordering (setup) cost. Illustrate what are annual costs of silverware itself with an optimal order quantity.
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