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Discuss the three important techniques that managers can use to promote creativity in group decision-making. As a manager, which of the three techniques do you feel you might use? Why? As a manager, which one of the three techniques do you feel you probably would not use? Why?
Suppose that a year has gone by, output is now just 1% above potential, and the inflation rate 1.5% over the year. What Federal funds rate should the Fed now set
How many cakes with Devilicious frosting should Betty prepare daily in the morning if her objective is to maximize expected profit? What is the associated expected profit and what is the associated expected profit?
How does quality reduce or increase costs? Why wouldn't operations always want to have improved quality? Examples.
A copy machine is always in one of two states, either working or broken. If it is working, there is a 70% chance that it will be working tomorrow. If it is broken, there is a 50% chance it will still be broken tomorrow. Assume that one day is a na..
What is going to be your competitive advantage? What is the benefit you are trying to provide to your customers. Why are the activities you listed so important to your business?
Determine potential stakeholders in specialty pet store and what strategies would you use to bringthem together and convince them that you have a winning idea for your business.
They warn that products like Coke Zero will cannabalize lost market share from other soft drink categories instead of increasing the number of consumers overall. Which Coca-Cola products are most likely to lose customers to Coke Zero?
Categorize the following causes of complaints into a cause-and-effect diagram: tools, scheduling, defective parts, training, billing system, performance measures, diagnostic equipment, and communications.
What happens to the Bathtub Curve whenever a repair has to be made under warranty? For example, a car defect is claimed under warranty.
Formulate a Linear programming model with an objective to maximize profit. Using the names of variables as A, B, C, D, E and F, write down the LP in algebraic form as discussed in the class
What process would you recommend that your company use for deciding if this is the right time to invest in operations in Russia?
Discuss an ineffective health-care policy that you personally experienced in your practice, and describe the issues that you feel made it unsuccessful.
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