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Q. During the first four weeks of the term, we spent considerable time discussing a case study entitled "Illustrate what's happening?" It involved two business owners who were experiencing an incredibly difficult (yet all too common) challenge involving their forecasts of future Demand.
a.) Illustrate what was the primary lesson of the case...the root cause of the challenge being faced by Michael also Kaye?
b.) If these business owners do nothing different, illustrate what will be the (mathematically) inevitable outcome?
c.) Illustrate what is the very first thing these business owners MUST learn so as to prevent the outcome suggested above? Elucidate how might they best obtain this information/knowledge?
Illustrate what is the role of inspection in both the manufacturing and service industry. Explain how does it relate to the idea of continuous improvement and the philosophies of the quality gurus, Deming, Juran, Feigenbaum and Crosby.
Why is participation considered such an effective technique for reducing resistance to change. Describe at least 3 other tactics which are also useful to reduce resistance to change.
Formulate the problem as a linear programming model, where Glue-all Industrial would like to achieve the highest possible profit if the profit on a litter of IC-100 is R3000 and the profit on IC-200 is R4200.
Each burger assembler can assemble a burger in 30 seconds. It takes the cashier 6 seconds to collect payment. Illustrate what is the capacity of the hamburger restaurant in customers per minute. Illustrate what is the bottleneck.
Stock is received 12 working days after an order has been placed. No backordering is allowed. Suppose 325 working days a yr. Illustrate what is Dotcom optimal order quantity.
Write down a paper in which you develop the research strategy to find out a solution for your selected problem. Your paper must include the following items:
Find out replacement chips for its product lines here is demand over past 12 quarters. Use decomposition technique to forecast 4 quarters of 2010.
Explain cost to produce a can would be $0.07 and distribution cost would be $0.04 per can. Over illustrate what range of product would each plant be preferred.
Small Wonder, an amusement park, experiences seasonal attendance. It has collected 2 years of quarterly attendance and made a forecast of annual attendance for coming year. Compute seasonal index for four quarters.
company wants to forecast demand using the weighted moving average.
Create a hierarchy of five of the most important topics of human resource project. Give a detailed rationale for each of the five topics.
The senior human resource executive conducted an inspection of international operations also became concerned with less positive treatment of foreign workers in one of the organization's plants also in a supplier's factory. Illustrate what are the..
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