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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.
Compare a Utilitarian and a Libertarian view on the importance and enforcement of consumer rights.
If you were the database administrator for the iTunes store, how might you use predictive analysis to determine which artists and movies will sell most next year?
What do you see as the greatest advantage of Thailand if an MNC were considering a local operation? What would be the main disadvantage?
A drug company produces the drug NasaMist from four chemicals. Find out the cheapest manner of producing today's batch of NasaMist.
On July 3, the buyer for the women's sportswear department at the main store decided to transfer the following items to a branch store: 20 blouses at $22 each,32 skirts at $14 each
A furnace repair team that services an average of 4 furnaces a day if the design capacity is 6 furnaces a day and the effective capacity is 5 furnaces a day.
You meet with them to discuss the matter. Using the Internet and suggested readings, discuss your recommendation (with a brief rationale) for a suitable BI software solution to depict this data.
Prepare a three-peroid moving average forcast for the data. What is the error on each day?
Retail Execution case study should be approximately two pages in length (double-spaced). You should include the following:
Discuss options companies use to enhance ethical behavior at work.
Improving Group Communication Describe a group/team meeting in which you were the leader, member, or observer. Use concepts from the textbook or an article related to working in teams or team building to support your analysis.
Many HR experts have projected that the current global shortage of skilled technical labor is likely to continue for some time. What are the implications for recruitment and retention at firms such as Microsoft and SAS? Be specific.
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