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From "Matching Supply with Demand" - Cachon/Terwiesch- Q2.6
(Highway) While driving home for the holidays, you can't seem to get Little's Law out of your mind. You note that your average speed of travel is about 60 miles per hour. Moreover, the traffic report from the WXPN traffic chopper states that there is an average of 24 cars going in your direction on a one-quarter mile part of the highway. What is the flow rate of the highway (going in your direction) in cars per hour?
Compute the annual total cost (i.e. the Purchase cost + Ordering cost + Holding cost). (Please read the question more than once)
A linear programming model consists of decision variables, constraints, but no objective function. In a linear programming model, the number of constraints must be less than the number of decision variables.
Briefly define empowerment and describe three important conditions you would ensure existed in this plant to improve empowerment among production employees.
How have changes in the workforce during the past 20 years affected organizational policies?
What is a "learning organization?" What kind(s) of "learning" may occur in this type of organization?
At Dot Com, a large retailer of popular books, demand is constant at 32,000 books per year. Illustrate what is the reorder point. Illustrate what is the inventory position immediately after an order has been placed.
Obtain a copy of the evaluation criteria used when you acquired a product or service for each project you are currently managing and describe the product or service you acquired.
First printing has contracts with legal firms in San Francisco to copy their court documents. Daily demand is almost constant at 12,500 pages of documents.
Why is technical complexity greatest with continuous-process technology? How does technical complexity affect organizational structure?
what factors have contributed to the increase awareness of quaility in modern business?
Discuss the differences between transnationals and global corporations.
Compute labor productivity under each system. Use carts per worker per hour as the measure of labor productivity. (Round your answers to 2 decimal places.)
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