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Think of a leader you admire. What traits does this person have? Are they consistent with the traits discussed in this chapter? If not, why is this person effective despite the presence of different traits?
Can the findings of trait approaches be used to train potential leaders? Which traits seem easier to teach? Which are more stable?
How can organizations identify future leaders with a given set of traits? Which methods would be useful for this purpose? (Be specific)
What other traits can you think of that would be relevant to leadership?
Continuous review inventory control is being applied to purchase motors for an electric fan manufacturer. Demand is uniformly distributed between 500 and 600 motors per week
A manager must decide how many machines of a certain type to purchase. Each machine can process 100 customers per day. One machine will result in a fixed cost of $2000 per day.
Office Supreme, Inc., a local retailer of office supplies, faces demand for one of its inventory items at a constant rate of 240,000 units per year. It costs Office Supreme $38 to process an order to replenish stock and $2.5 per unit per year to carr..
How is Microsoft and other software manufacturers combating the threat of open source software and other free tools that compete with its commercial products?
Illustrate what other factors are relevant to this issue. Explain how do the changes in assumptions mentioned by the other managers affect the proposal. Illustrate what position should Jim take.
The target value for the mean of the process is 10 units, and the standard deviation of the process is 6.
Which component would you recommend if Hilton Hotels desired to add an additional Oracle component. Evaluate the business benefit of this additional component.
Illustrate what is the average number of people in line. Karen raises the price to $5 per cup and takes 60 seconds off the service time.
Illustrate what factors need to be considered when balancing productivity with quality in a service organization. Illustrate what are the consequences of focusing on only one factor.
How effective were the risk management tools and techniques used in the project and how effective were the policies and procedures used in the project?
How might the social value of low versus high power distance influence how you would lead and motivate employees?
Given the following data for a particular inventory item: Usage 500 units/week Ordering $40 per order Carrying Cost $.01 per unit per week Lead Time 3 weeks Price $.50 per unit
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