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You are an "up-and-coming" analyst at a local manufacturing company that upper management has been considering for a management position. Your company and the current management are relatively "old fashioned" and there have not been any significant productivity improvements in the last 20 years. In fact, the writing is "on the wall" since foreign competition is forcing your company's management to consider re-locating most of the manufacturing operations to Taiwan. However, you have successfully completed the highly touted "Productivity Strategies" course at MTSU and decide that if changes are made to make the company "lean," profits would go above what is possible with lower labor costs overseas. What do you do to convince management to change, without jeopardizing your position, and how do you "sell" them on "lean manufacturing."
Which of the international operations strategies involves low cost reductions and low local responsiveness?
MamaMia's Pizza purchases its pizza delivery boxes from a printing supplier. MamaMia's delivers on-average 225 pizzas each month (assume deterministic demand). Boxes cost 23 cents each, and each order costs $12.50 to process. Determine the a) economi..
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What is the tollgate concept in project management and discuss how it is used in both project cost and time management. How would you incorporate project life cycle phases and the tollgate concept
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Analyze the financial problem faced by this project. You are given the following information at the end of year 1 of the 3-year project. Describe how well the team is progressing in terms of schedule and cost? What do you expect the EAC to be dependi..
Calculate a service level for each of the above airlines. Marketing expenses for each quarter are known in advance, and could be used to improve forecasting performance with respect to the number of subscribers.
The reflective practice is important for all researchers to implement in their daily practice. I encourage students learn the multiple ways of asking a question. There are several techniques that will serve you well during the research process. Can y..
Memorable Knights has a number of contracts to plan and execute promotional events for large for-profit and non-profit organizations. Such events usually publicize products and services or support fundraising and typically include full or limited cat..
What is the recommended allocation for this type of investor? How would you modify your recommendation in part (b) for an investor who also wants to have at least 10% of his or her portfolio invested in the foreign stock mutual fund?
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