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1) Compare and contrast a firm fixed-price contract to a time and materials contract. When would each be appropriate for a given project?
2) Compare and contrast an RFP and an RFI. When would each best be used in procuring goods or services?
An aggregate plan is given in the accompanying table. What is the total cost of the plan? (Hint: Don't forget to calculate the Inventory section of the plan.
You are working on a calendar year basis and give all raises on january 1. your market position at the beginning of the new plan year is 4.0% below the market.
Discuss how you would set up a collaboration mechanism for the enterprises in a supply chain?
Discuss the reasons for such high failure rates, suggest ways to avoid such failures and if the system is not operating up to expectations, should it be replaced?
The Central Valve Company sells industrial valves and fluid control devices. One of Central's most popular valves, the Western, has an annual demand of 6,000 units.
Illustrate the linear programming model with its decision variables and its constraints. Use the computer solution generated by Excel (Solve) to see which team works with which project. Provide the Excel file.
What about selling the same t-shirts individually on the street, at a craft fair or on eBay? What strategies would you consider for lowering your costs?
The line will operate for 6 hours per shift, 1 shifts per day, 6 days per week. What is the maximum possible output per week for this line?
Discuss the strategic importance of information.
Aggregate demand for a product family is given in the table below for the 4 quarters of 2007. Production costs on regular time are $70 per unit.
Judith Thompson is the manager of the student center cafeteria. She is introducing pizza as a menu item. The pizza is ordered frozen from a local pizza establishment and baked at the cafeteria.
The product was not patentable because it was too similar to other existing technologies. Major corporations saw his success and have now entered the market with competing products
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