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Question: 1. A firm is presently using the basic EOQ model and is considering switching to the production order quantity model (i.e., receiving gradual deliveries over time). If all the cost and demand parameters stay the same, what changes should the firm expect?
2. Suppose you have been given the task of reducing inventory in your company, without negatively impacting customer service. What actions might you be able to take to accomplish this task?
What are the underlying cultural assumptions for Mr. Bernard and how are these different from the basic assumptions of N’Diaye and Diop?
What are common leadership stages in implementing a marketing strategy? Describe conditions within the firm when each leadership stage applies.
As a consultant, you have been asked to generate a unit demand forecast for a product for year 2014 using exponential smoothing. Actual demand in year 2013 was 941, but the forecast for that year was 1,071. Using these data and a smoothing constant a..
What goals drive a quantitative research design? Compare and contrast quantitative survey and experimental designs for research. Further describe the challenges of quantitative research design.
Your readings and lecture this week provide essential background on quality in healthcare, including the two major approaches to quality improvement. Compare and contrast the continuous quality improvement (CQI) and Six Sigma approaches to quality im..
Describe how you used the problem-solving steps discussed in this chapter to resolve the problem.
An important component to becoming an effective leader is self-awareness and having a plan for leveraging strengths and developing upon weaknesses.
Compare and contrast the social and environmental risks and vulnerabilities for the two counties you selected, I have selected Norman, Oklahoma and Charles County, Maryland, and summarize your findings.
Many ads seem to tell individuals that if they will only buy product X, they will acquire friendship, self-esteem, sex appeal, power, health, etc. Collectively these ads tell individuals that they will be able to satisfy some of their most important ..
What are the advantages and disadvantages of a phased system roll-out for Bombardier?
What is the difference between delivery cycle time and throughput time? What four elements make up throughput time? What elements of throughput time are value-added and what elements are non–value-added?
What should the four of you have done when establishing the business to deal with possible future problems between you?
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