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Two Conditions in Japan lead to the origin of Lean Manufacturing and Six Sigma. Japan could not compete with other industrialized economies on costs, volume or quality using standard mass production approaches and their focus on low-tech, pull systems and the elimination of waste. True or False?
Describe two recent online and offline purchases (one each) and describe how the three resources/costs played out for each. What were the differences online and offline?
A firm has developed a new roofing material that also produces electricity from sunlight. This material is very light and inexpensive. Besides roofing, it could also provide an inexpensive carport roof covering for open-air parking lots. Identify dif..
Use the following data for this Forecasting Problem and use the Exponential Smoothing Forecast Technique with an alpha value of 0.75. What is your forecast for period #5? What is the Reorder Point with Safety Stock? How many Part B's will be required..
What are the advantages and disadvantages of being a union member? Should employers agree to union contracts that limit their ability to to close a plant or send work overseas to save money?Are unions to blame for so many jobs moving overseas?
Cans of corn are filled by a machine which can be set for any desired average amount. If the fill is normally distributed with a standard deviation of 1.5 grams, where should the quality control supervisor recommend the machine be set so that ..
You’ve just graduated and landed your first job as the Economic Development Director for the City of Dallas. How do you get companies to locate to your city? What is your plan and selling points to attract new businesses?
A dissenting shareholder seeking payment of the fair value of his/her shares (dissenters' rights) must have the right to vote on the action to which he/she objects. In which of the following cases does a shareholder have dissenters' rights despite hi..
Compare a $40,000 income in 1980 to 2010 and analyze the following questions: What are the differences in the available products? What are the differences in the quality of products? If you made $40,000 in 1980 and in 2010, what would your income sta..
Identify potential barriers to an effective team and options for mitigating these challenges. Provide an example from your personal experience, either on an in-person team or remote, as well as an example from current media.
Assume that your capital is constrained, so that you only have $500,000 available to invest in projects. If you invest in the optimal combination of projects given your capital constraint, then the total net present value (NPV) for all the projects y..
How has the rise of electronic channels affected wholesaling? How has the rise of electronic channels affected retailing? Why are certain products more appropriate for electronic channels? What types of products are less appropriate for electronic ch..
What strategies have been used to promote collaboration at your workplace or a company with which you are familiar? Have these strategies been successful or unsuccessful? Explain.
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