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Webster Manufacturing Inc. is implementing a Just-in-Time (JIT) system and wants to know how many Kanbans to use for the initial setup of its JIT system. The daily demand is 400 units and each Kanban (i.e., container) holds 15 units. The combined processing and waiting time per container is 0.7 days. If the initial alpha value for safety stock is 0.6, what is the maximum authorized inventory?
In the digital age, new channels of communication have developed that simply did not exist a few decades ago. Cell phones, e-mail, text messaging, Facebook, Twitter . . . who knows what might develop next. However, not every channel of communication ..
You work in a large department store and are the newly appointed health and safety representative for your work group. The organization is wanting in compliance with its health and safety compliance. health and safety legislation and codes of practic..
Include a diagram supported by a detailed discussion explaining which stakeholders operate in the general environment, task environment, or internal environment, and why?
A doctoral student is surveying chief executive officers to understand their relationship with governing boards. The student determines the years of business experience for each CEO as well as their rating on a 10 point scale of satisfaction with the..
What is Cirque's product and business strategy? Comment specifically on how the product and strategy provide a competitive advantage.
What will be the key developments in the global environment of business during the next five years? On the basis of these, what will be the greatest challenges that firms from the advanced industrialized countries will face?
Which control should periodically reassess its approach to the marketplace with a good marketing audit?
Discuss the role of modelling in research in managerial decisions making with an appropriate illustration. Explain how is model validation done.
Analysis of the process - Process Mapping, A process map is a tool that aids in defining and understanding a process. It is helpful to represent the path which one is used to produce an output
Erdington operated a toy store also carried merchandise from both domestic as well as foreign manufacturers. As holiday season approached, he found that he could reduce his costs by importing a stuffed toy from a developing country.
Suppose that you are the assigning costs to a major project to be undertaken this year by your firm, University Applications. One particular coding process involves many labor-hours, but highly redundant work. You anticipate a total of 200,000 labor-..
Bazerman and Moore suggest that we should understand the biases of others. Discuss this concept in terms of why it is important for us to understand other peoples' biases. In your discussion, focus on how you might be able to improve your decision-ma..
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