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Create your own personal supply chain in graph form. Consider both who supplies you and who you supply. You may use the Excel spreadsheet tool provided in this week's lesson or develop your chart using other software such as PowerPoint, Word or Project.
Additionally, when submitting your personal supply chain, also answer the following questions:
In your words, what is a supply chain?
What is the value of supply chains?
What did you learn when you developed your personal supply chain?
What data or information is particularly insightful to you as you study your supply chain?
Right click and save the Red Tomato Demo to your hard drive. Using the original data in the file, what happened to inventory and stockouts over the six periods of the planning horizon? Right click and save the Red Tomato Demo for Example 1 to your ha..
Describe how businesses might utilize applications used in each of the two major components of operational CRM systems. What factors will (or should) influence a firm’s pricing strategy? Explain how the four major threats to wireless networks can dam..
You currently work for a retail store that carries basic household goods, some groceries, and health and beauty products. The store is located in the small community (approximately 5,000 total residents) in which you live and is looking to expand its..
Why is it important to decompose demand into these components (base demand, seasonal, trend, cyclic, promotion, and irregular) when developing new forecasts?
Discuss a recent decision that you made (purchase an automobile or home, change jobs, etc.). How did motivation and emotions influence your decision? Did you experience any internal conflict (a battle between what you wanted versus what you should do..
Consider the following data: time: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 price: 56, 92, 93, 96, 107, 122, 135, 137, 144, 158. For this data, develop a 3-period weighted moving average forecast (you choose the weights) and an exponential smoothing forecast (y..
Explain the difference between accreditation and licensure
A highly respected manufacturer of a sought after perfume has retailers willing to carry the manufacturer's complete cosmetic product line. This is an example of _____ power.
The Peach State Onion? Company's onion-bagging machine was found to operate at mean? = 25.05 pounds with a standard deviation of 0.129 pounds. The company product specification calls for a bag weight of 25 lbs.? +/- 0.45 lbs. Determine the process ca..
Jermaine and Monica are in a really great band. They would really like to play more shows and get more people to listen to their music. The problem is that they live in a small town that is far from any big city. Devise a goal setting plan that will..
Priorities in BioEthics: (Disabled baby) v. (Healthy pig) When Princeton University hired Peter Singer as Professor in BioEthics at its Center for Human Values, a controversy arose. Singer, an Australian. Is best known from his 1970 groundbreaking bo..
Name the seven tools of quality that are typically used in a manufacturing process. Could all of these tools be applied to service operations? Suggest some possible service operations scenarios wherein we could apply all/some of these tools. List and..
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