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Uncertainty Actions for Discussion-Uncertainty Making inaccurate forecasts of product demand leads to costly errors. Either a company can end up with a large stock of unwanted inventory which must be drastically discounted or they can have stockouts which diminish current and possibly future sales depending on how customers react. How important is it to incorporate uncertainty into one’s demand forecast? What steps can a company take to reduce the uncertainty surrounding their sales forecasts? Be sure to respond to at least 2 other students’ posts.
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What are the optimal solution and the total profit contribution and provide Osaka Industries with an additional 500 pounds of the steel alloy at $2 per pound. Should Osaka purchase the additional pounds of the steel alloy? Explain.
investigate the degree to which human resources are related to the other factors project management product design
Examine the circumstances that resulted in the merger or acquisition for the selected company. Speculate on two (2) reasons why the resulting decision to merge or to acquire / be acquired was made.
What are the expectations? What are your concerns and "how" do you intend to adress these issues? What style of leadership are you prepared to use in the givin stiation? Do you have a time frame? How will you difine success?
A product is made up of two subsystems in parallel. Subsystem one consists of ten elements in series each with a failure rate of 1/100. The second subsystem consists of 5 elements in series each with a failure rate of 1/200. What is the overall re..
Discuss the phases included in the IT Governance deployment plan. Who are the stakeholders that need to be involved and in which phases should they be involved?
Which of the following statements does not describe socialism?
Create a Pareto-Diagram using a template that you can find online (or make yourself) to rank the most important root causes from the Ishikawa-Diagram (no hand drawings) (max. 4 top causes with estimated percentages, the rest can be consolidated under..
Explain why or why not. Please include in your posting examples of how you, your family, neighbors, friends, and co-workers have been impacted by the free trade movement.
A particular firm added three new products earlier this year to increase variety for customers. Two of the products failed to reach the minimal sales quota. Which of the following is LEAST likely to have been the cause of their failure?
To briefly describe and analyse an operations process in a local organisation in your country or region, and to explore this process by applying at least one of the core concepts you have learned in this subject.
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