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That intuition is indeed a result of our past experiences. So, Class, in your organization when are decisions acceptable to be made on intuition vs. quantitative analysis? What approach does senior management expect? What approach does your manager expect? If you are a manager, what approach do you expect from your employees?
Why do you think scheduling issues often cause more complexity on projects? Explain the following schedule development tools and concepts: Gantt charts, critical path method, PERT and critical chain scheduling. Discuss why many information technology..
In designing new products, such as cellphones, the horizontal design team approach, known as concurrent engineering or intergraded product development, has been found to speed up design because all the specialists meet at once instead of separately d..
what are the implications of building quality into a product or service rather than inspecting it in? how are ethical
Discuss the advantages and disadvantages of diversity in the work place. Identify and discuss guidelines in the hiring and selection process to prevent discrimination in hiring.
Long considered the most thriving advertising medium, television advertising has received increased denigration as being too pricey and, even worse, no longer as valuable as it once was. Appropriately designed and executed TV programs can improve bra..
Which of the following is a disadvantage of using internal rate of return for assessing a project?
The Olympic Shoe Company manufactures a number of different styles of athletic shoes. Its biggest seller is the X-Pacer running shoe. In 2008 Olympic implemented a quality-management program. The company's shoe production for the past three years ..
A machine can operate for an average of 13 weeks before it needs to be overhauled, a process which takes 2 days. The machine is operated 5 days a week. Compute the availability of this machine.
•You are to succinctly define in your own words the phrases "operational efficiency", "operational effectiveness", "operations strategy" and "operational sustainability"•Further, you are to address "Six Sigma," and comment on its applicability and va..
Briefly describe the supplier management practices at a current or former employer. Focus on the measurement aspects, and discuss and evaluate the process using the concepts and best practices described in the Monczka text in chapter 9.
Most U.S. and some European airlines now impose additional charges for everything but a seat on the flight. Specific seat selection, baggage, beverages, and nearly every amenity that was once included in the ticket price is now a source of “ancillary..
In what ways can team building and intergroup training promote organizational effectiveness?
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