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Discussion :
You run a hardware store that carries thousands of different items. You have begun to realize that you are spending a great deal of resources (Time, Labor, Space, Money) managing your inventory and decide that it is time to take a closer look at your inventory situation.
Please discuss the following items that you feel are important to understanding and managing your inventory situation.
What are the types of cost that might be associated with your inventory?
Carrying Costs
Procurement Costs
Out of stock Costs
Which of the three main Inventory philosophies (Push, Pull, JIT) do you feel would be most beneficial to your situation? (Please explain why)
What are some of the reasons that you would like to build up, or reduce, the inventories in your store? (Please explain why.)
which approach is more suitable for the organization: a personalization strategy or a codification strategy?
The role as project manager is to create a project plan that integrates the new software into the current workflow with the same levels of productivity.
When project activity times are uncertain,
Which of the following is NOt of the strategy options for expanding into markets of foreign countries?
How would you define business intelligence? Identify and brifely disucss. a real world application of BI that you recently experienced.
Evaluate your layout using a distance-times-flow measure. Assume that distance is measured rectilinearly.
Predict how you think your vision will assist internal stakeholders in supporting the change initiative. Identify potential considerations posed by stakeholders
Discuss your planned execution of the strategy. Discuss how you would use ROI (return on investments) and cost-benefit analysis as part of your business strategy.
You are preparing a major television address on health care costs. What will you propose?
In terms of the generic competitive strategies model, which of the four strategies often followed by an organization? Do the strategies support the vision, mission, and goals? Does the organization have critical strengths, weaknesses, opportunities, ..
Critical thinking is the intellectually disciplined process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and/or evaluating information gathered from, or generated by, observation, experience, reflection, reasoning..
__________ is one of a project manager’s most difficult tasks, invariably involving both mechanistic and human elements.
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