Supplier should include more aspects than good quoted price

Assignment Help Operation Management
Reference no: EM132285770

1. Directions: Selecting the right supplier should include more aspects than a “good quoted price.” Identify at least two other aspects commonly used in selecting a supplier. Explain why each aspect is important and significant in selecting the right supplier.

2. Directions: Process improvement is an important aspect of production operation within an organization. Identify a technique that can be used to eliminate process variability and ensure production processes can be carried out efficiently. Also, identify one advantage and disadvantage of this technique.

Reference no: EM132285770

Questions Cloud

Specifically analyze essential elements of valid contract : Analyse the above case to determine if there is a valid contract or not. Specifically analyze the essential elements of a valid contract.
Income-related effects of being overweight for women : What are the employment and income-related effects of being overweight for women? For men?
Home market engaged in perfect competition : We know from microeconomics that a former monopolist still has market power if it faces just a few competitors.
Increasing levels of risk in new product development : Why companies are faced with increasing levels of risk in new product development (NPD) today?
Supplier should include more aspects than good quoted price : Selecting the right supplier should include more aspects than a “good quoted price.” Identify at least two other aspects commonly used in selecting a supplier.
Five production functions : With capital K and labor L input, there are five production functions in the following:
Chamber of commerce meeting : Suppose the CEO comes up to us one day. (He's friendly enough, but given some of his ideas, you're starting to dread these conversations.)
How did aquinas embrace aristotelian philosophy : How did Aquinas embrace Aristotelian philosophy? What role do this-worldly concerns play in the thought of Augustine and Aquinas?
What roles does analogy play in moral reasoning : What roles does analogy play in moral reasoning?

Reviews

Write a Review

Operation Management Questions & Answers

  Would you attack country a in order to control the source

Would you attack country A in order to control the source of water and prevent country A from diverting the river?

  Recommend the best way to implement restructuring plan

Recommend the best way to implement a restructuring plan that will downsize a sales team? Does structure follow strategy or strategy follow structure?

  Reduce the influence of organization political interactions

Does an ERP system increase or reduce the influence of the organization's political interactions on the accuracy of this data?

  Summarize the ceos letter to the shareholders

Review of the Letter to the Shareholder: summarize the CEOs (Chief Executive Officer's) Letter to the Shareholders.

  Determine the more economic quantity to be ordered

A particular product has a weekly demand of 1000 (consider that there are 52 weeks in a year. Demand does not experience seasonal fluctuations but there is a random variation in demand and this can be approximated with a normal distribution with a st..

  True with respect to the minnesota twin studies

Which of the following is true with respect to the Minnesota twin studies? Which of the following is not true of affective events theory?

  What is meant by logical requirements

Provide three positive aspects of retaining an outside consultant and three negatives. What is meant by logical requirements?

  Formulate and solve a linear programming model

Formulate and solve a linear programming model. What would be the effect on the optimal solution if the store could secure a 9% interest rate for a 6-month loan from another bank

  Extra capacity without additional capital investment

how might you gain extra capacity without additional capital investment.?

  Gore culture promotes employee satisfaction-innovation

W.L. Gore’s Culture Promotes Employee Satisfaction, Innovation, and Retention W.L. Gore & Associates was founded in 1958 by Wilbert (Bill) and Genevieve (Vieve)

  Unmanaged change occurs when project deviate

Unmanaged change occurs when a project deviates from its planned scope. It's also known as variance. It can negatively impact the budget and schedule, or cause a project to fail in meeting its objectives. The Control Scope process helps you detect un..

  Purchase during the thanksgiving sale activities

Markjeting 360 Choose one brand or a product that you would like to purchase during the Thanksgiving Sale activities that happen during the Thanksgiving break

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd