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Give an example of a good decision that you made in the face of some uncertainty. Was the outcome lucky or unlucky? Can you give an example of a poorly made decision whose outcome was lucky?
What benefits exist in using linear programming for production scheduling problems? Provide an example and discuss your opinion.? What are at least the two important relationships of an inventory system (EOQ) you need to recognize in order to apply t..
ABC Aircraft uses 2,000 drill bits annually. Each drill bit costs $50 and each order ABC places costs $30. The annual carrying rate is 20% of unit cost.
What is the difference between statistical significance and clinical significance? Find an example of a study that shows a statistical significance but not a clinical significance. Explain why the statistical significance does not warrant a clinical ..
Suppose you are a keen learner and wants to understand how a professional consultant works on particular projects. Regarding this you have face to face to meeting with one of the consultant. Then please list atleast 20 questions that you will ask the..
Western companies have become keenly aware that the outsourcing strategies in the past 20 years have created unintended consequences. Recent studies point out, as western companies outsource manufacturing to emerging economies such as China, Brazil, ..
Operations Management in Changing Global Environment
Create a list of documents that need to be created so that the procedures for operating the new equipment are understood by all users.
How does a small supplier cope as the big guys try to squeeze out every inefficiency in the supply chain, while demanding greater quality,
While Joe goes over the agenda for the? meeting, Rosa interrupts and asks to speed up the meeting. Is this statement true or? false? After the second? meeting, Patrick was frustrated with the fact? that: The manager asserts that? Randall's __________..
Presumably, information about the new line has been shared with supply chain partners. Explain what information should be shared with various partners and why sharing that information is important?
Imagine yourself in the role of the Director of Sales and Marketing. Imagine what your concerns would be as Sales and Marketing Director and how you would want to interact with your team, particularly given some of the tense situations described in t..
Write an essay comparing the traditional management systems to the above two systems - in terms of differences in approaches, achieving efficiencies, cost savings, and firm profitability. Include in your essay the findings from different studies t..
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