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1. Many real-world decision problems consist of a sequence of dependent decisions. Develop a scenario that has a series/sequence of activities applicable to a "Decision Tree" type analysis. Explain why the scenario you selected is applicable. Also identify and explain critical factors that should be consider. Are there any risks in your scenario
2. Compare and contrast the stationary forecasting model approach with that of a time series forecasting approach. Identify and explain key factors that are relevant in the selection of a specific approach.
What theories of motivation underlie the switch to the new, computerized scheduling system? Why are employees working harder? Why aren't they happier?
Information technology and management information systems allow organizations, regardless of size, to communicate, collaborate, share information, make data driven decisions, and monitor all aspects of performance. Explain how a customer relationship..
Compute the average number of machines that will break down per week. Simulate the following decision situation for 20 weeks, and recommend the best decision.
A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts.
People have argued for many centuries about whether or not we are our "brother's keeper." What do you think? How might this apply to things like advertising and marketing claims?
Groundz can place orders only once a month. Inventory and ordering costs would remain the same. Is it more cost-effective for Groundz to switch suppliers? Should Groundz switch? (new total cost $3042.67, switch)
What is the ending inventory for month 4 under this plan? B) What is the level production rate with no ending inventory for month 4?
What is an acquisition? Why would firms use acquisitions rather than create a new business internally? What are the possible motives for acquisitions?
Prepare an evaluation of each business's web site in terms of its functions, user friendliness also ability to support the organization's business strategy. Which web site does a better job.
An appliance dealer must decide how many (if any) new microwave ovens to order for next month. The ovens cost $220 and sell for $300.
How can intelligence on competitors' strategies best be gathered? A. Observation of their market activities. B. Tracking of their service volumes and market share. C. A & B.
Prepare a graphic or illustration which compares the evaluation of the software packages relative to the criteria. Explain the advantages and disadvantages of each software being reported.
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