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What are the tradeoffs between an internal and an external growth strategy? Explain why you believe growth strategies are important in strategic management.
Average setup time on a certain production machine is 4.0 hours. Average batch size is 48 parts, and average operation cycle time is 4.2 min. The reliability of this machine is characterized by mean time between failures of 37 hours and a mean time t..
Explain the role of ethics and social responsibility in developing a strategic plan, considering stakeholder needs. Explain how your ethical perspective has evolved.
Mura Company has beginning work in process inventory of $72,000 and total current manufacturing costs of $318,000. If cost of goods manufactured is $320,000, what is the cost of the ending work in process inventory?
1 explain the four functions of management and the purpose of internal and external assessments.2 how would you
Compute the forecast for year 6 using exponential smoothing, an initial forecast for year 1 of 3,000 miles, and α = 0.3 and Explain the assumptions behind the centre-of-gravity method. How can the model be used in a service facility location?
Profits for a bag of Lime chips are $0.40 and for a bag of Vinegar chips is $0.50. Which of the following is NOT a feasible production combination?
Create a CPM diagram for the project and identify the critical path. Generate a Gantt chart showing total floats for all tasks. Try to optimize task scheduling to minimize the number of hiring's and firings (calculate the number), and draw the res..
Select a Law of the Fifth Discipline we covered and discuss how you have seen, or experienced it’s success. Then select a second and different law, and discuss where you may have seen it, or are experiencing it currently, and how you might change the..
Bob’s Claymart has enough clay to make 24 small vases or six large vases. He has only enough of a special glazing compound to glaze 16 of the small vases or eight of the large vases. Formulate the problem’s objective function, constraints, and solve ..
What is lot sizing, what is its goal, and why is it an issue with lumpy demand?
You have three employees who have performance issues surrounding their performance and you have to conduct a performance improvement plan (PIP) with the three employees. Write three negative statements (one for each employee) describing their perfor..
A signs a contract for snow skiing lessons and the contract read that it is “non cancel able” and that “no refunds will be made under the terms of the contract.” The ski lodge informs A that A has a “great potential to become a world-class skier,” an..
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