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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?
What are the strengths and weaknesses of both qualitative and quantitative approaches to assessing risk at the project planning stage? Give examples of when each may be more or less appropriate and consider the implications of both approaches.
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?
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
The reason the woman's house was not as clean as it had been in the past was that
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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..
Case Study- The Binghams and The Lousiville Courier-Journal Companies in The Family Business Book by Ernesto J Poza and Mary S. Daugherty. Designate the decisions and/or actions you would take in the situation if they were the CEO or individual re..
Illustrate what ways can design of a firm's logistics/supply chain network affect its ability to create value for customers through efficiency, effectiveness and differentiation.
What are the major dangers and difficulties that will be faced by the development team as they manage the project towards its completion?
managing knowledge flow is important for a firm that wants to get the most from its partnership with another company.
Describe how key internal factors are identified in an organization's strategic management process. Why does such identification appear to be an important part of the strategic management process?
Discuss how a SWOT analysis might be used for identifying measures in a balanced scorecard. What types of questions might you ask
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Create a total of two business-quality posters that can be created on paper or by using a software application (Microsoft® Office Suite). Creativity is encouraged. Be sure that the posters represent the following:
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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