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Nara is a fashion apparel and accessories chain store that procures a line of new shorts at $10 each from its European supplier. Unfortunately, at the time of order placement, demand is still unknown. Nara forecasts that its demand is normally distributed with mean of 2100 and a standard deviation of 1200 units. Nara sells these shorts at $22 each. Unsold shorts have little salvage values and they would be donated to charity. Based on this information: How many shorts should Nara buy from its supplier to maximize expected profit? If Nara wants to ensure a 98.5% in-stock probability, how many shorts should it order?
Sustainable competitive advantage is the "holy grail" of corporate strategy, but it is exclusive. Using all you have learned to date about Harley-Davidson, analyze whether or not Harley-Davidson has a source of sustainable competitive advantage. D..
anderset labs produces rough lenses that will ultimately be rounded into precision lenses for use in lab equipment. the
Bid is a product of the Baldwin company which is primarily in the Nano segment, but is also sold in another segment. Baldwin starts to create their sales forecast by assuming all policies (R&D, Marketing, and Production) for all competitors are equal..
To what extent are Wooga’s teams subject to group-think? Does the company do anything to prevent groupthink among its development teams? In book Management A Practical Introduction seventh edition
An explanation of the general relationship that supply chain management has to any type of business operations and what do you feel could be some of the concerns (if any) with supply chain management when managing global business operations.
What sequence should products be scheduled for production - what is the profit if the company manufactures the optimal product mix.
For a particular Monday morning in November, the anticipated arrival rate is 1.2 customers per minute. What is the recommended staffing for this Monday morning? Show the operating characteristics of the waiting line.
After reading the "Chipping Away at Intel" case study, what was a pressure for change (internal, external, or environmental)? Give an example of a similar pressure for change that was experienced by another organization.
Bob, age 38, was fired without any reason given by the employer, and his position was filled by someone hired a week later. Can Bob successfully claim age discrimination under federal law?
Your firm is considering opening a new factory via direct investment in Latin America and management is evaluating the specific country locations for this project. The pool of candidate countries has been narrowed to Honduras, Chile, and Mexico. Find..
Identify the best value discipline, generic strategy, and grand strategy for your organization. Recommend a strategy or combination of strategies the organization should implement.
Suppose a bank has one teller. Customers arrive at the rate of 10 per hour (assume Poisson arrivals), and on the average it takes 5 minutes to serve a customer (assume exponential service times). The average number of customers waiting in system is 5..
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