Evaluate teleconferencing, Supply Chain Management

The business section of the International Herald Tribune carried a story with the headline "Hark! The Herald Angels Sing of Teleconference," (Peter H. Lewis, New York Times Service). The story described how video teleconferencing - two way telecasts is gaining popularity with businesses. Indeed, it was reported that some firms are regarding teleconferencing as an effective substitute for in-person conferences. And the cost has been declining to the point where it is comparable to "having four or five executives jump on a plane to go to a common point."

Your boss asked you to evaluate teleconferencing as an alternative to the six global conferences the firm is currently holding each year. In his instruction to you, he said that "it looks like we might be able to realize substantial savings without reducing the impact of the conference."

Set up a detailed plan for solving this optimization problem. In your plan, clearly indicate if this problem be treated as a constrained or unconstrained optimization problem? Why? Using the marginal analysis approach how would you develop and execute your plan. Please indicate the all the factors that you would incorporate to identify the direct and indirect benefits and costs, and eventually the optimal net benefits.

Posted Date: 3/2/2013 5:10:19 AM | Location : United States







Related Discussions:- Evaluate teleconferencing, Assignment Help, Ask Question on Evaluate teleconferencing, Get Answer, Expert's Help, Evaluate teleconferencing Discussions

Write discussion on Evaluate teleconferencing
Your posts are moderated
Related Questions
Hello, I am looking for a tutor in my scm assignement (actually explanation). Anyone can help?

Seamless Integration: Integration of new product introductions or changes to existing products fully into the enterprise system also known as engineering change management is cruc

suggest to avoid delays in dispatch of products

Explain the Stages in food Product development Process? Food Product Development Process: The food product coordinates the technology used by the company and its culture to de

Good day! Is it possible to find multiple locations using Center of Gravity Method? Regards, Anna.

This is for a Supply Change class Higher Education in India: country evaluation from both political and economic benefits and risks perspective. Company chose is Education Manageme

What is supply chain strategy

What are the factors influencing contracting strategies? A Internal forces, external forces, project characteristics

I nspection Accuracy: Project management status report is provided in a particular way. As an a example, consider the criteria for doctor to monitor health , he or she checks

Problem 1: (a) Define the terms ‘ inventory' and ‘inventory control'. (b) State the classification of supplies for inventory purposes in your organisation. (c) List the a