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Several themes to address: innovation, continuous improvement, and gaining competitive advantage through strategic operations design.
Let’s now apply those concepts to Logistics, which is defined as “the art and science of obtaining, producing, and distributing material and product in the proper place and in proper quantities.”
What is a company that has impressed you with its innovative/strategic approach to Logistics?
What are the four basic phases of the innovative process? What is the importance of the design phase to the overall process?
Evan Schwartz has 6 jobs waiting to be processed through his machine. Processing time (in days) and due date information for each job are as follows: Sequence the jobs by FCFS, SPT, SLACK, and DDATE. Calculate the mean flow time and mean tardiness of..
Describe a decision-making scenario using your business experience, personal decision making or cited journal article; include an example of the decision-making process, describe the risk, and whether persuasion was used. What were the social heur..
Jennie and her uncle Jack both work for the same large company. Her uncle Jack retired last year and receives a monthly pension that was determined based on his age and years of service. Both Jennie's and her Uncle Jack's retirement plans include hea..
Choose a local establishment that is a member of a relatively large chain. From interviews with workers and information from the Internet, identify the elements of the supply chain. Determine whether the supply chain represents a low-cost, rapid resp..
List 5 configuration management processes and briefly describe their importance to program planning and control. (Hint – we are not looking for a formal definition of each process)
There are three markets, M1, M2, and M3, owned by a single firm. We do know that M1 serves an average of 20 customers per minute with a standard deviation of 5, while M2 serves an average of 15 customers per minute with a standard deviation of 5, and..
What are the challenges the beverage alcohol industry face? The leading corporate entity affected by the challenge. The current situation (SWOT analysis preferred.
How does IKEA create a well-defined market position that appeals to customer wants and needs and differentiates its offering from competitive offerings in a process known as positioning and differentiation?
This discussion will help you further your knowledge of strategic development by: Analyzing strategic issues. Formulating and proposing strategic changes for the project firm.
Respected corporations and individuals who spent years building their reputations of integrity seemingly lost theirs overnight—perhaps forever. Check up on the strides Novo Nordisk has made for diabetes recently. Have they made any progress and garne..
Stacey has worked for lawyer Larry for the last five years in his home office. Stacey does everything for Larry – receptionist, bookkeeper, secretary, paralegal, coffee girl, sometimes even taking his laundry to the cleaners. Stacey is smart and very..
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