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Use Solver to create a Sensitivity Report for the end of Chapter 3, and answer the following questions: a. If the company could get 50 more units of routing capacity, should they do it? If so, how much should they be willing to pay for it? b. If the company could get 50 more units of sanding capacity, should they do it? If so, how much should they be willing to pay for it? c. Suppose the polishing time on country tables could be reduced from 2.5 to 2 units per table. How much should the company be willing to pay to achieve this improvement in efficiency? d. Contemporary tables sell for $450. By how much would the selling price have to decrease before the company would no longer be willing to produce contemporary tables? Does this make sense? Explain.
The goal of this project is to put all the pieces of the course together to create a hypothetical risk assessment and mitigation plan. This exercise will demonstrate to you the complex process that is involved in creating such plans.
Create a two-page handout that shows learners how and when to use the presentation aids. Employ visual enhancements such as images, bulleted lists, screenshots, callouts,
a local distributor for a national tire company expects to sell 9600 radial tires of a certain size and tread design next year. Annual carrying cost is $16 per tire, and odering cost is $75. The distributor operates 288 days a year. What is the ec..
Forecasting is important relative to capacity requirements planning. Discuss the merits of using judgment methods (i.e., qualitative data) in contrast to quantitative forecasting methods. Which methods do you consider to be superior or more ac..
Discuss the role of the OD practitioner in depth. Outline the skills associated with effective practitioners.
The S&OP team at Kansas Furniture has received estimates of demand requirements as shown in the table. Assuming stock out costs for lost sales of $125 per unit, inventory carrying costs of $20 per unit per month, and zero beginning and ending invento..
"Designing the Job" According to your textbook Nelson and Quick, (2015) Results Only Work Environment (ROWE) allows employees to work completely flexible schedules based on their ability to meet measurable goals. Employees are allowed to come and ..
a department store attempts to gain a competitive advantage by empowering its salespeople in the cosmetics department
Apply theories, models, and practices of global operations management to address business problems. Integrate operations management analyses into general business management planning and decision making.
There are two critical assumptions underpinning the resource-based model of competitive advantage. One of these is resource heterogeneity. Briefly explain what this means. Provide one example of heterogeneous resource.
importance of supply chain management on customer satisfaction.
1. A company can learn a great deal by analyzing the degrees of brand loyalty. For example, ________ can show the firm which brands are most competitive with its own.
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