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As a partner in a small communications firm, you have noticed that your fellow partners and several employees have mentioned new product ideas they felt were worth pursuing, but that none of these ideas have been pursued. Design a formal process to determine if ideas that are presented are worthy of market testing. Include and explain the following:
Likely sources of new product or business ideas
Data gathering and factual analysis
Ability to make creative leaps
Need for fit with organization strengths and goals
Confirmation of commercial viability
Why is forecasting important for an organization? Which company do you believe to be successful at forecasting and why?
Mike is preparting the x-bar chart and the R chart for Uncle Ben's 2lb. box rice packaging line. Using the standard sample size of 9 items. Mike found the average range is .02 lbs and the overal process average is 1.98 lbs.
why is the NPV of a relatively long- term project ( one in which its cash flow occurs in a distant future) more sensitive to changes in the WAAC than that of short term projects?
As noted in the text, supply chain network design decisions are not easy to change in the short term. Why? Give at least one example to illustrate your point. Briefly describe the implications of poor forecasting on a supply chain. In other words, wh..
Employee morale is an essential component of a high-performing organization. Employees who are not happy with the work environment become, at best, distracted and, at worst, destructive to productivity.
there are four critical success factors that are important for effective risk management,supportive organization, compent people, appropriate methods, tools and techniques, and simple, scalable process.
Helter Industires, a company that produces a line of women's bathing suits, hires temporaries to help produce its summer product demand. For the current four-month rolling schedule
Develop a production plan and calculate the annual cost for a firm whose demand forecast is fall, 10,700; winter, 8,300; spring, 6,900; summer, 12,700. Inventory at the beginning of fall is 535 units. At the beginning of fall, you have 35 workers. It..
Distinguish between the decentralization and centralization processes of organizational structure. Discuss which factors determine an organizations position on the decentralization-centralization continuum.
Please answer the competencies below in essay format: Knowledge of vocational rehabilitation and case management techniques. Knowledge of different diagnostic assessment processes used in vocational, educational, rehabilitation, or personal adjustme..
Audi sells snow tires which are ordered every Friday to meet next week's demand. The sales price for the most popular size is $30 per tire and its cost for Audi is $25. If too many tires are ordered Audi incurs an inventory holding cost of $2 per tir..
Referring to the same company, discuss the most likely government regulations that would directly impact day-to-day operations. Provide specific examples to support your response. Select a small business with which you are familiar and discuss the mo..
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