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The earthquake and subsequent tsunami in Japan had a significant negative impact on Toyota, reducing their ability to produce parts to be delivered to their manufacturing and assembly plants around the world. Using the laws of supply and demand as a construct, research and discuss the impacts on Toyota and the auto industry in general from such an event. How does a business remain competitive when prices must remain high due to a reduction in supply? Please answer in 250 words or more and make handwriting legible.
Suppose management is examining policies that relate to maximizing profit and maximizing the wealth of the stockholders.
Discuss the importance of research methods in the field of organizational behaviour. and also explain the two types of specific inquiry: experimental methods, and non experimental methods
Dental Clinic provides general dental care to residents of New York on walk-in basis. What is the capacity (patient/hour) at the resource “Dentist”?
Locate an organization that has used vertical integration as a supply chain strategy. Express in detail why you believe vertical integration was/was not appropriate strategy.
Identify an organization that uses diversification and explain what kind of diversification the organization is using.
If a company pays a production worker a base wage of $22,000 and a piecework incentive of $1 per pair, if a production worker's annual productivity is 5,000 pairs per year.
Operations management professionals are often relied upon to make decisions regarding operational processes. Those who utilize a data-driven, structured approach have a clear advantage over those offering decisions based solely on intuition. Determin..
Your purchasing manager has requested you as a buyer to develop a commodity strategy for the product group that you are responsible for (stamped, steel components). In your commodity plan you should come up with a future sourcing plan. What informati..
Determine the break-even quantity for which the firm would be indifferent between manufacturing the part in-house or outsourcing it.
Which product or service have you recently encountered that would be particularly suited for multichannel or interactive marketing? Why?
Nike faced a similar dilemma in Vietnam, where it was accused of paying less than a liveable wage ($1.60 per day). Illustrate what would you do as the Operations Manager.
Consider a version of the EOQ model where ordering is restricted to power of 2 intervals. That is, the order interval T (length of an ordering cycle) is restricted to be either 1, 2, 4, 8, … . In other words, T = 2i for some positive integer i. The d..
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