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Case Study: WAREHOUSE LTD is a Chinese company that owns a complex of storage facilities 50km outside the city of Athens. The company has run into financial distress because itscomplex has not been leased for more than 2 years. The company has recently renovated its warehouse spaces and offers for rent, 8 warehouses of 500 square meters surfaceeach. The monthly rent is 800 euros for each warehouse. WAREHOUSE LTD also offers loading services for a fixed fee of 1500 euros per month.You are the CEO of COMMERCE SA and you urgently need to find a new warehouse facility because you are expecting delivery of a high-volume order from Germany by theend of this month and your current storage space is not appropriate. In case you do not any available have storage space, you will have to rent a storage facility at the port ofPeiraeus for a price of 5 euros per square meter. You have visited the warehouses and found out that they suit perfectly to your needs, but you cannot pay more that 600 eurosfor each warehouse. You need to rent 5 out of the 8 warehouses and probably all of them in the future, depending on the volume of imports of your company from Germany. Alsoyou cannot pay more than 1000 euros per month for the loading services.
Question: Does culture matter at the above negotiation? Consider how it affects the negotiation. What do you take into account regarding culture e.g. language, expectations?
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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