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Goldratt's Theory of Constraints is an approach used to achieve continual improvement in the workplace. It involves the following steps: 1. Identify 2. Exploit 3. Subordinate 4. Eliminate restraints 5. Overcome inertia Take up any process, preferably from your organization that you would like to improve in terms of productivity or quality, or both. Discuss how you would apply Goldratt's Theory of Constraints to identify and overcome bottlenecks in this process.
Define the type of organizational structure you’ve chosen to investigate and briefly describe its pros and cons. Find an article (in the library or on the Internet) about a company that is structured this way. Chose a company that has sufficient info..
Develop an explanation of a selected theory (above; communitarianism) using relevant and current literature.
Prices apply inclusively to all units bought. What is the optimum purchase order size that should be placed, and what is the total cost?
The order cost is $15 per order, and the carrying cost is 20 percent per cartridge per year of the purchase cost of $35 per cartridge.
How effective are actions by project managers (or individuals in other business leadership positions) in accomplishing company objectives?
What would be the effect on customer time in the system of having a second ticket taker doing nothing, but validations and card punching, thereby cutting the average service time to 20 seconds?
What impact if any has air pollution had on/in your community (Atlanta, GA)? Are there any companies in your area you consider are polluters and are a detriment to ones heath? What country, in your opinion are the number one polluters on earth? Are t..
An organization’s external environment theoretically includes the entire world and everybody in it. How do the organization’s managers decide how much of that environment they will research and follow? They will not have the resources to keep track o..
Your expertise in accounting and finance has landed you the position of chief financial officer (CFO) of ABC Hospital. ABC is currently experiencing a budget shortfall. Because it is losing money, it must reevaluate a commitment it made to add a new ..
Discuss how the four elements of the marketing mix (product, pricing, distribution, and promotion) are approached for either the business banking or trust market. How does this differ from retail banking? Provide examples if possible. - How might the..
A U.S. company is currently producing a product in house with a yearly fixed cost of $4 million and a variable cost of $5 per unit. A Chinese subcontractor can produce the product with equal quality for a yearly fixed cost of $5 million and a variabl..
What is international licensing? What are its advantages and disadvantages of international licensing?
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