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Decision making is a key component of the leading facet of the P-O-L-C framework. What decision-making traps might WorldCom's board have succumbed to? Why might the concept of groupthink be especially relevant to boards?
The following table shows orders to be processed at a machine shop as of 8:00 a.m. Monday. The jobs have different operations they must go through. Processing times are in days. Jobs are listed in order of arrival.
Illustrate what choices must Fresh Connections make in developing an operations strategy. Illustrate what is the effect of complexity on Fresh Connections' operations.
Customers arrive at a suburban ticket outlet at the rate of 14 per hour on Monday mornings. This can be described by a Poisson distribution.
The director of social services of a county has learned that the state has mandated additional infor- mation requirements. This will place an additional burden on the agency.
Find out machine downtime represents a cost of $70 per hour; operator cost (including salary and fringe benefits) is $15 per hour. Illustrate what is optimum number of operators.
If business is expected to improve in one year, are layoffs financially justified? What costs are incurred in a layoff that are difficult to estimate in monetary terms?
Water Wheelies manufactures high-pressure sprinkler heads. These are produced periodically at a rate of 20,000 per month. Demand is steady at 15,000 per month.
What things must we keep in mind when writing an email versus speaking with someone face-to-face
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Briefly compare and contrast the manufacturing and service processes using queuing and assembly lines as your items to compare
Describe the strategic importance of layout decisions How important as these decisions in terms of a company's long-term profitability goals? What are some examples?
Suppose you were conducting a marketing analysis for a new textbook about technology management. What would you need to know to identify a market segment? How would you make a needs assessment?
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