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Name the seven tools of quality that are typically used in a manufacturing process. Could all of these tools be applied to service operations? Suggest some possible service operations scenarios wherein we could apply all/some of these tools.
The transactions listed below are anticipated by U.S. firms that have no other foreign transactions. Describe all possible ways with clear explanations (forward, futures, options) that can be used to hedge each of the transactions.
Your company assembles five different models of a motor scooter that is sold in specialty stores in the United States. The company uses the same engine for all five models.
Value Based Competition - Please read “Redefining Competition in Health Care,” by Michael Porter (Porter 2) The Harvard Business Review, June 2004 and “A Strategy for Health Care Reform – Toward a Value Based System,” by Michael Porter, (Porter 3) Th..
It costs $10,000 to place an order and $400 to review the inventory level. Annual tire sales are N(20,000,4,000,000). it costs $10 per year to hold a tire in inventory, and each order arrives two weeks after being placed. Assume that all shortages ar..
Brady Jones is a manager at a local store that sells computers. He needs to decide how many computers to order based on the quantity discount schedule below. Annual demand is 3,000 computers, annual inventory carrying cost as a percent of unit cost i..
Bob defends against a breach of contract suit by Ace credit Corporation by claiming that the consideration for their contract was grossly inadequate.
It takes the Kwinzee shipyard six months with 500 workers to build a small tanker. Material costs are $32 million and overhead costs are $2 million. Workers cost $40 per hour including benefits and work 40 hours per week. The ship sells for $75 milli..
Consider an existing organization you are familiar with, such as an employer, or a company for which you would like to work that operates under a traditional management model. The company's new CEO is looking to grow the company into a sustainable or..
Establishing supply operations in developing countries or regions often involves the so-called “last mile challenge.” Western companies need to adapt to poor logistics infrastructure, and unique institutional/economic environment and sustainability c..
What is the calculated TWA. What would you tell plant management in terms of exposure to acetone and compliance with the PEL
What is a transportation problem? Briefly discuss the decision variables, the objective function and constraint requirements in a transportation problem. Give a real world example of the transportation problem.
Strategic Planning Process for 3M at the corporate level. You will design the strategy, mission, vision, goals, etc. for the company. Identify overall Strategy. Identify Strategic Goals.
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