When was time you heavily relied on data to make decision

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1. What environmental forces drive organization development in your field or industry? What are the steps successful organizations take when responding to change? Have you experienced forces of change in your work environment? How did the changes affect your organization?

2. When was a time you heavily relied on data to make a decision? How did you use microsoft excel to analyze and validate the data?

3. A company presently produces product at the simple EOQ model quantity. It is deciding whether or not to switch to an incremental replenishment model. Annual demand is 1000 units, set up costs are $10, holding costs are $0.50 per unit per year. Daily production rates are 8 units and daily demand rates are 4 units. Is it worth the company's while to change?

Reference no: EM132130037

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