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How do you manage your own personal inventory of various supplies?
Do you stock up or wait until you run out of something before you replace it? Why?
Be sure to use operational management terminology.
The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.
Please describe how one or more of Porter's models (i.e. the value chain concept or the five force industry model) can be applied to help a firm improve it's global supply chain resulting in some form of new or improved competitive advantage.
Many strategist are forecasting technology and business strategies merging into one with the emergence of "the digital strategy". What are the pros and cons of this strategy merger? Provide one real-worlds (real or hypothetical) example each of risk ..
How is downsizing a stressful event for those displaced and also those left behind?
An electronic company wishes to determine the best order size for its best selling data storage equipment. The company has estimated the annual demand of 1000 units. The holding (carrying cost) is 10% of selling price of $1000 and the ordering cost i..
Cohesive groups have lower turnover. Group differences should be treated as important and special.
Explain why you would use either a normative or ethical approach.
Describe the concept and value of your business.Examine key entrepreneurial attributes and success factors for your selected segment of the hospitality industry
The EOQ model is based on a mathematical derivation (with which you would not be expected to be familiar) that achieves a cost minimization between two different types of costs. With this context, answer the following questions:
Discuss different types of promotions used by several companies Explain group promotion mix components by company
The management team at Learner’s Edge, an online continuing education company, decided to adopt a ROWE (results-only work environment) policy, developed by Best Buy employees and summarized in its slogan, “Work whenever you want, wherever you want, a..
Getting franchises to adopt the online ordering system is a major challenge. What techniques would you use to encourage adoption?
A firm sells a product whose demand over the next couple years will be stable (so the order up-to model is used to manage its inventory). When the demand uncertainty is small (for example, the weekly demand has a mean of 100 and a standard deviation ..
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