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A consumer electronics firm produces a line of battery rechargers for cell phones. The following distributions apply:
Unit price: triangular with a minimum of $18.95, most likely value of $24.95, and maximum of $26.95
Unit cost: uniform with a minimum of $12.00 and a maximum of $15.00
Quantity sold: 10,000 – 250*Unit price, plus a random term given by a normal distribution with a mean of 0 and a standard deviation of 10
Fixed costs: normal with a mean of $30,000 and a standard deviation of $5,000
A) What is the expected profit?
B) What is the probability of a loss?
C) What is the maximum loss?
You and your fellow operations department teammates have been debating which companies are the best examples of applying supply chain management.
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Are they effective or ineffective? What is good or bad about the goals and the associated process? What might be done differently? Why would the change be an improvement?
Perform an export diagnosis for Mogliani Editions (SWOT analysis). Please consider which financials are an issue for this business. Analyze major management liabilities Mogliani Editions face. Propose solutions.
The Chinese contractor has approached you and suggested that the new Chinese construction standards are unnecessarily high
Senior leaders must understand how to motivate employees in a variety of ways. Research major motivational theories, and pick 3 theories to discuss.
Discuss how the effectiveness and efficiency of order picking and assembly can be improved without large expenditures.
Write a research-focused report that investigates and discusses how the principles, theory, processes and tools of Lean Production Delivery Systems (LPDS) can be applied to current project management practices.
Unit Research Associates (URA) has been asked to bid on a contract for 300 high tech surveillance drones for the NSA (Who claims they will be used to monitor “snow fall” in the Sierra Nevada Mountains). What is the total cost for all 200 drones?
An automobile brake supplier receives an average of 1,000 orders per week. An average of 500 orders are waiting to be processed. What is the average time spent by each order waiting to be processed?
What is the relationship among contract law, the UCC, and commercial law? If you write a contract that contains specific language about transportation requirement, and the supplier agrees to it but later claims that it is not acceptable under the UCC..
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