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Seven-Eleven Japan has adopted a three-pronged supply chain strategy: (i) micro-management of supply and demand using rapid replenishment; (ii) centralized distribution (instead of "direct to store" delivery); and (iii) self-management of distribution (instead of outsourcing). Do you think this is a sound strategy? What advantages, disadvantages, and/or risks do you see with each of SEJ's supply chain design choices?
A dry cleaner used exponential smoothing to forecast equipment usage as its main plant. August usage was forecasted to be 88 percent; actual usage was 89.6 percent of capacity. A smoothing constant of .1 was used. Prepare a forecast for September. As..
The number of sandwiches sold at a shop near a University varies by day of the week. The number of students attending class also varies by day of the week, as the following table indicates. The University will soon include a full Saturday schedule,..
An electronics firm is currently manufacturing an item that has a variable cost of $0.40 per unit and a selling price of $1.20 per unit. Fixed costs are $15,000. Current volume is 40,000 units. The firm can substantially improve the product quality b..
David makes a sequence of 38 monthly deposits of $450 each into an account paying interest convertible monthly. Immediately after making the 38th deposit, the account balance is $18870.45 dollars. What is the nominal rate of interest convertible mont..
Like other large airlines, Global Airlines has a points-based incentive program. Customers who who join Global's FreeMiles program earn points by purchasing tickets from Global or by using their member number when purchasing goods and services from G..
Tony works full-time as a computer-repair technician who makes on-site repairs for individuals and small businesses. He says his gross profit margin is 94% because last year his total revenues were $100,000 and his expenses were $6,000. “I’m actually..
What is the role of IT in an increasingly global environment? Provide examples of how IT has changed your organization (or an organization with which you are familiar).
we live in a very complex and culturally diverse society. when we bring individuals together from diverse backgrounds
Parsa Real Estate is a company that buys and rents real estate. The company is looking into buying an office building for $1M. The building has 10,000 square feet of rentable office space. The building needs to be maintained (security, insurance, mai..
What is the Emergency Medical Treatment and Active Labor Act and what were the circumstances that led to its enactment? As an administrator, what are the implications of this law imposes on the financial management of the healthcare facility?
Do you think the punitive damages in Liebeck v. McDonald's was justified? Why, or why not? Does it make a difference that McDonald's rejected the plaintiff's settlement offer and countered with an offer of $800 or that McDonald's had already settled ..
What is the number of orders per year if the manager uses the current order quantity of 1600? What is the number of orders per year if the manager uses the Economic Order Quantity?
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