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Each question should have a 1 page (typed) response. Direct copying of the text, websites, or other sources is not acceptable. There are 6 questions on the exam. Questions 1 -5 count 16 points each. Question 6 counts 20 points. Graphs or charts not included in the page count. 1. Explain how the factor rating model can be used to help a firm understand the most critical variables associated with location decisions. Provide an example to support your answer. 2. Explain the value the exponential smoothing forecast model has with respect to minimizing forecast error. Include in your answer, the logic for the alpha values relative to the general marketing curve. 3. With respect to lean manufacturing / service concepts, explain the value stream map process (both current and future state). How does this process differ from the concept of a general flowchart? Provide an example to support your answer. 4. Develop an FMEA and an MMEA for a product / service of your choice. Include two items in each the FMEA and the MMEA. Explain the value of the FMEA and the MMEA concept relative to defect reduction. 5. Explain the concept of reverse logistics. What are some examples of reverse logistics? How can a firm work to use the reverse logistics process to improve product performance? 6. Given the material we have studied over the term, detail one item that you found interesting and which you can apply. Be specific on how you will apply the concept you identify. For this question, you can write about supply chain management. How will you apply the concept you identify? - 2 Pages mandatory. For the first five questions, you can write in 5 pages, don't write questions.
Textbook - Operations Management Creating Value Along The Supply Chain by Russell and Taylor seventh Edition.
The annual cost of carrying a pound of cheese in a refrigerated storage area is $12. Find out the optimal order size also the minimum total annual inventory.
What is the labor productivity per labor-hour for these tires at Upton Manufacturing and what is the multifactor productivity for these tires at Upton Manufacturing?
How would you handle these conflicting objectives? What are your recommendations to project management regarding this risk? How does this scenario relate to managing contingency allowance?
Specifications are 15.0 to 15.2 centimeters. A three sigma cushion is set at each end to minimize the risk of output outside of the specifications. How many shafts can the process turn out before tool replacement becomes necessary?
Why are teams instrumental to TQM, or are they? What kinds of teams exist in a TQM operation?
Donald, who is a resident of Louisiana, is robbed in Oklahoma County, Oklahoma. The robber, who is a resident of the state of Texas, is soon apprehended. Which of the following is the proper venue to hear this case?
What is the "relative" wage rate (in $) of operating Zooland, after taking productivity differences into account?
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WD-40 is a company headquartered in San Diego, California and whose products are found under the sink, in the garage, and in toolboxes of customers all over the world. The company produces lubricants, heavy-duty hand cleaners, toilet bowl cleaners, b..
Based on your research of leadership in other companies, describe the changes that MSO needs to make in its leadership to effectively deal with the current crisis.
Recall a time when you experienced a problem as result of poor communication. What were the causes of and possible remedies for the problem?
What are the pros and cons of linking incentive pay to individual performance? How can organizations address the negatives?
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