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Identify a nontraditional business event, such as forecasting demand for t-shirts following the Super Bowl, or the amount of relief aid needed following an earthquake. What do you think would be the best way to forecast such an event—qualitative or quantitative—and why? What are the implications of forecast error on supply chain management?
Would the logistics criteria for decision making be the same as for mass merchandising? Why or why not? Would the logistics metrics be the same as for the mass merchandising industry? Why or why not?
Is the globalization of health care good or bad for patients? Who might benefit from the globalization of health care? Who might lose?
CEOs often read and assess an Executive Summary before deciding to read the entire report, so this must be high quality narrative that demonstrates the significance of the work undertaken, the objectivity of research and analysis underpinning the ..
Explain a contract management principle (and legal principle) associated uniquely with managing subcontractors, such as often happens in the case of outsourcing software development.
Some organizations are disciplined in performing job analysis and maintaining up-to-date job descriptions while many are not. Why might this be true? If employed, is there a difference between what you and your employer think about the value of job a..
Write a paper on your selected leader. Include the following in the paper- Give an overview of the organization and the leader. Explain how the person demonstrates integrity or ethics, giving examples. Provide your own insight into the organization o..
Customers arrive at Rich Dunn's Salon at the rate of 3 per hour, distributed in a Poisson fashion. Rich can cut hair at s rate of 5 per hour, distributed exponentially. Find the average number of customers waiting for haircuts. Find the average numbe..
Daisy drugs manufactures two drugs: drug 1 and drug 2. the drugs are produced by blending together two chemicals: chemical 1 and chemical 2. by weight, drug 1 must contain at least 65% chemical 1. and drug 2 must contain 55% chemical 1.
A supermarket sells soy milk bottles at $2.00 each to the customers and buys them at $0.80 each with sixty-day expiration. When expired, they are returned to the supplier for $0.20 each (the supplier pays the supermarket). Suppose only one bottle arr..
Discuss the concept of punitive damages. What is the purpose of this form of damages? Is it effective to accomplish its goal? Are there any circumstances in which punitive damages are appropriate in negligence cases? Give an example or examples of su..
Given a 5 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $1,800, $2,100, $2,100, and $2,200. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
Assume that you are in charge of developing the strategy for a multinational company selling products in some 50 countries around the globe. One of the issues you face is whether to employ a multi-domestic, a transnational, or a global strategy. If y..
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