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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. I will attach textbook that you can choose as a reference. You can download this textbook in online. Mostly try to write answer from this textbook for all questions.
Is workplace flexibility out of reach for employees? Based on the Fair Labor Standards Act, non-exempt employees and their employers are restricted by the definitions of a workweek that were established in1938 when the law was enacted. Does the 40-ho..
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Discuss the role of human resource management in the evolving world of management by relating to a real example on coverage
Lisa Yang and Megan Quick graduated from college together and accepted job offers in the same company. Lisa took a position in Seattle and Megan went to work in the firm's Chicago office. They had the opportunity to renew their friendship at the comp..
Complete the Assurance of Learning Exercises 6A and 6B on page 205 of the textbook. Use the completed SWOT and SPACE matrices to draw conclusions regarding both the long term and short term strategies you would recommend in light of your findings. Su..
What changes do you recommend to CVS's existing pharmacy fulfillment process? What information technology (IT) changes, if any, are required to implement those changes
The toy industry is very fickle and innovation is critical. Sales for January 2016 showed only a 3% rise over January 2015 leaving the company managers concerned about meeting projected sales targets for 2016. From the list above, should generate thr..
Renault-Nissan in South Africa: 1. In what way is culture a factor in auto sales? 2. Is it possible for a car company to transcend national culture and produce a global automobile that is accepted by people in every culture? Why or why not?
As an independent investigator for the FDA, what expectations and outcomes of biotechnology would you consider it important to research? How would regulations on these aspects of biotechnology affect various stakeholders?
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why is decreasing value a disadvantage of reducing project scope to accelerate a project.
The specification for a plastic liner for concrete highway projects calls for a thickness of 3.0 mm 0.2 mm. The standard deviation of the process is estimated to be 0.02 mm. The process is known to operate at a mean thickness of 3.0 mm.
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