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1. Describe Theory of Constraints (TOC) (Chapter 7 & The Goal). What is a constraint? Why is it important to find constraints? What does TOC say you should do with inventory? Give an example of a company that does or could use TOC.
2. Describe Lean Systems (Chapters 8). What is considered waste? What does Lean have to say about inventory and quality?
3. Continuing with the concepts from question #1, explain how TOC and Lean can be used in service organizations (or are they mainly systems used in manufacturing settings). Also, can these two systems be used simultaneously or are they mutually exclusive?
4. Explain a push system versus a pull system. What types of organizations tend to use each type of system? Would you describe Theory of Constraints as a push or a pull system? Explain.
Culture and Sales Communication
According to Kant, why is committing suicide, when you are suffering from a terminal illness, morally wrong?
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You are working for a small company that has developed an operating system for PCs that is faster and more stable than Microsoft’s Windows operating system. What strategies might the com- pany pursue to unseat Windows and establish its own operating ..
Decisions on Design
Which of the following is a function of inventory?
Decision Trees
Give an example of a company that does or could use TOC (Theory of Constraints)? What does Lean have to say about inventory and quality?
Discuss the rationale behind choosing
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If you did win this prize, you would not actually receive a check for $10 million. Instead, you would receive $500,000 per year for 20 years. Imagine that you actually were the lucky winner. From a purely financial standpoint, would you be willing..
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managing knowledge flow is important for a firm that wants to get the most from its partnership with another company.
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Fully describe relationship between planning and organizing. Explain how the controlling function does or does not relate significantly to the planning function.
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