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Q1. Explain the three inventory control models and the driving factor in each model. Provide examples for each one using current companies.
Q2. Once in a while, organizations are publicly criticized for their unethical operations. One of the recent incidents is Volkswagen scandal. Please think of an example and answer to the following questions.
1. What was the issue (in ethical point of view)?
2. What were the implications?
3. What is your faith-based recommendation(s)?
Q3. Using one of the companies from DQ 1 (Nike), describe how inventory planning and accuracy can be defined using the Pareto principle.
Q4. The nice thing about inventory models is that you can pull one off the shelf and apply it so long as your cost estimates are accurate." Comment.
"MRP just prepares shopping lists. It does not do the shopping or cook the dinner." Comment.
An applicant who is 60 years of age and disabled (in a wheelchair) enters the HR department to apply for a front desk position in a hospital. The hospital has over 400 employees. This position requires that from time to time, the desk person escort t..
Explain the two concepts (a) emic, and (b) etic. How can we handle these issues in cross-cultural research?
Assume the position of a consultant hired to assess the approach toward HR management taken by a client organization. What factors might you evaluate in determining whether an organization uses a traditional or strategic approach to managing its HR? ..
Strategic management is critical for the success of an organization. The survival of a health care organization is determined by how well the organization is able to adapt to change. "Successful health care organizations have leaders who unders..
What are the upper and lower control limits of their control chart? Show your answers with four decimal places.
Adrian Reese, a resident of New York, owned a strip mall located in Ohio, which he leased out to different businesses. The tenants in the building had complained that the two public restrooms were substandard and in need of repair. Does the fact that..
compare and contrast the differences and similarities between cpm and pert. support your position with one 1 real-world
Analyze the costs and benefits over a five-year time horizon, Initiative Financing. Propose executive recommendations to proceed with, or defer, the initiative. Be sure to include a sound rationale. This may incorporate regulations, industry standard..
FSPC purchased two packaging machines for the distribution center and ten pizza ovens from a supplier in Italy. Between the shipping costs, delays, and unanticipated duties, the purchasing manager was worried that his boss would be upset about the to..
Consider a landscaping service and a pizza parlor. Compare the marketing mix (4P's) for these two businesses. What do they have in common? What is different?
A machine can operate for an average of 13 weeks before it needs to be overhauled, a process which takes 2 days. The machine is operated 5 days a week. Compute the availability of this machine.
Assuming that units in inventory are valued (based on COGS) at $500 per unit and are sold at $800, how fast does the company turn its inventory?
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