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Due to a down-turn in the economy, your company has been experiencing financial losses in revenue. You have been asked to put together a team that will find 3-5 low-cost or no-cost ways to resource costs by 25% for your company’s main product line. You are being given less 6 weeks to identify and test these cost-cutting measures. If they work in a pilot, you and your team guide the organization through the changes, if not your team will be “redeployed”. With no margin for error, you feel that it is imperative that evaluation be “right” from the beginning. Identify the evaluations and key decisions that need to be made in each of the next six weeks. (Reminder: this isn’t about designing the solutions but the plan to get to solutions.)
Profit contributions are $6 per bunch of roses and $8 per bunch of carnations. Formulate this problem as a linear programming problem.
You are in charge of all marketing activities in North America for the Italian luxury sports car manufacturer Maserati. Maserati has just introduced a new model that will be competing directly against well-known luxury sports cars such as Porsche, Fe..
What concepts of scientific management are useful today? Is there any remaining use of time and motion studies, of standard times, or of man-machine interaction studies?
Develop a network drawing for Hill Construction and determine the critical path. How long is the project expected to take
As a sleepwear brand manager, you have decided to use all of the following keywords in your Google AdWords campaign (Keywords costs are in parentheses): luxury pajamas ($1.76), cotton pajamas ($1.13), and silk sleepwear ($1.11). If the revenue earned..
What are four policies used to address this issue? How would you implement these four policies in your business strategy?
Edwards Engineering has a new injection system for your countertop production line. Your process engineering department has conducted experiments and determined that the mean is 8.01 grams with a standard deviation of 0.03
Explain why you believe the mission, vision, strategies, and goals of your selected organization contribute to its success. Develop your own vision of where you would like to be career wise in the future.
What description or requirements would we establish for measuring height of sample of people? Assume that different researchers will be doing the work at different locations.
What processes at manufacturing firms are really service processes that involve considerable customer contact? Please be specific. Can customer contact be high, even if the process only has internal customers? Please explain.
What is Machiavellianism? What are the dangers associated with leaders who have a strong Machiavellian orientation?
Solve the RMC problem using the simplex method. At each iteration, locate the basic feasible solution found by the simplex method on the graph of the feasible region.
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