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The management of the acquisition process has changed several times over the past 100 years from tactical to strategic. How does strategic fit impact the two primary procurement orientations in terms of behavior and supplier integration? List the strategic fit elements; explain what they are, and then how they interact, and what the results are comparatively.
What do you mean by Corporate social responsibility? Explain with the help of one or two companies who are performing these responsibilities.
Read the Southwestern University case study on page 230, including the fan satisfaction survey results in table 6.6 and the open-ended comments on survey cards at the top of page 231. Use at least two different quality tools to analyze the data. W..
The concussion education app must be designed for student athletes and soldiers?
The purchase of a new machine would incur an upfront cost of $300,000, with an expected cash inflow of $80,000/year for five years, based on the resulting cost savings in enhanced productivity and reduced maintenance. The company’s minimum attractive..
How would a manufacturing company use multiple regression to forecast demand of its product? Give one detailed example
The importance of an economic model is that it allows us to:
XYZ Company sells clothing and other apparel and it has decided to expand its operations globally, meaning it will examine options to manufacture and sell its products in other countries besides the United States. Discuss a globalization strategy, gl..
A dry cleaning firm uses an average of 20 gallons of cleaning fluid a day. Usage tends to be normally distributed with a standard deviation of two gallons per day. Lead time is four days, and the desired service level is 92 percent. What amount of sa..
Among simple moving average, weighted moving average, exponential smoothing, and linear regression, which forecasting technique would you consider the most accurate? In detail explain Why?
The warehouse manager thought a recent presentation on operations management was extremely valuable to the company. He now wants to shift the conversation to focus on his warehouse department. You told him a little about supply chain design and ho..
A firm must decide whether to construct a small, medium, or large stamping plant. A consultant’s report indicates a .20 probability that demand will be low and an .80 probability that demand will be high. If the firm builds a large facility and deman..
What is the difference between a condition precedent and a condition subsequent? Under what types of conditions could a party claim discharge by commercial impracticability?
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