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The forecasted demand is 1500, 1600, 1300, 1100, for quarters 1,2,3,4, respectively. The beginning and ending annual inventory is allowed, unit carrying cost of $2/item/quarter, hiring cost is $92/worker, firing cost is $84/worker, and the labor standard is 6.5 hours/unit. What is the minimum cost of the optimal production plan where the total annual cost consists of carring, hiring, and firing?
Describe the five processes of the SCOR (Supply-Chain Operations Reference) model; Plan, Source, Make, Deliver, Return, and Enable. Describe how the top three levels of the SCOR model apply to your current or previous employer's supply chain.
International businesses invariably face distinctions between legal systems that they work within. After reviewing some of the distinctions in your text between common and civil law systems, and after conducting additional outside research on the ..
Describe the qualities you believe are necessary in an "ethical leader." Provide support for your contentions and explain why a leader should display these qualities in order to be considered "ethical" from your perspective. Then identify someone you..
Global Green Books Publishing is a successful printing and publishing company in its third year. It has survived bringing on a large new customer and all the challenges of new work that this customer needed in a very short time. Who are the stakehold..
At what stage in a company's life cycle is its structure most likely to begin driving its strategy? Why? How do business leaders align structure and strategy most effectively at this stage of the company's life cycle? Why?
Describe the company's supply chain. Identify a process internal to the company that you wish to analyze. Describe the process internal to the company that you wish to analyze.
The right to refuse workplace hazards has a fundamental conflict with the ability of a business to operate effectively (if employees refuse to work there can be no production). How should these competing interests be balanced? Support your position w..
Considerable success has been achieved by companies practicing TQM. What are the major hurdles to continuing quality improvements that manufactures and service providers face?
Define each part of a financial plan and discuss the importance of these components in managerial decision making. Your response should be at least 250 words in length.
Fee for service payments to hospitals affords limited incentive for efficiency. Beneficiaters who enrol in a health saving accounts must select a high deductible catastropic plan. The prospective payments system for hospitals uses a reimbursement sch..
Choose one of approaches or trends to discuss in more detail also analyze also discuss relevance to SEIIC's situation. Justify your answer with appropriate examples also reasoning.
Eakins Enterprises makes model boats, and it is switching to a lean manufacturing process. At one assembly area, Eakins is using one part container that holds 250 parts and it wants the output to be approximately 100 finished parts per hour; they als..
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