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What is value? Why is it critical for a firm to create value? How does it do so?
What is value chain analysis? What does the firm gain when it successfully uses this tool?
When creating value for a customer, why is product differentiation so important?
What quality systems and procedures and systems should Toyota have followed to ensure that faulty automobiles are not delivered to the customers?
She would like to setup a system in which all A items are counted monthly (every 18 days), all B items are counted quarterly (every 61 working days), and all C items are counted semiannually
Name some research practices that are of questionable ethics. Explain why you think they are questionable. Be sure to focus on research ethics.
A manufacturing company has been inspecting units of output from a process. Each products inspected is evaluated on five criteria. If the unit does not meet standards for the cirteria it counts as a defect for the unit.
(Inventory Cost) A manufacturing company producing medical devices reported $60,000,000 in sales over the last year. At the end of the same year, the company had $20,000,000 worth of inventory of ready-to-ship devices.
produced free of a particular defect and passed inspection. Based upon Six-Sigma theory, explain how you would rate this performance, other things being equal.
Do you think that intuition is a valid approach to making decisions in an organization? Why or why not? How might intuition be combined with a rational decision approach?
On the basis of these observations, find the standard time for the process and they also believe that there will be an 80% learning rate. How many hours of labor should Joe include for his bid?
Justification as to WHY the new service/product (living complex) will be successful and good for the Baby Boomer generation.
Develop a report for management of Wagner Fabricating - What savings are associated with your recommendation as compared with the other alternative?
Briefly compare and contrast the manufacturing and service processes using queuing and assembly lines as your items to compare
The company seems to be competitive with other companies in the same business. How many people must attend each seminar for Golden Age to break even.
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