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What is the difference between business and operations strategy?
Answer: There is a hierarchy of strategic decision making, each focused on a different time horizon and at varying levels of detail. Corporate strategy considers the longest term and the most complex environment where risks are greatest. Business strategy considers industry level and operations along with other functional strategies, operates at the level of the firm. Operations strategy is concerned with the activities necessary to produce goods and services.
Evaluation of potential projects by weighted scoring matrix: A five year project has a projected net cash flow of $20,000, $25,000, $35,000, $15,000, and $25,000 in the next f
Imagine an interview with a company CIO or MIS Director/Manager, perhaps even in your own company. Construct a short list of questions that you would ask. The goal is to understand
A manufacturing company sells its products directly to customers and operates 5 days a week, 52 weeks a year. The production department of this company can produce at the rate of 6
Assess the importance of completing post-project reviews, and determine what project documentation must be updated as the result of the review meeting. Discuss the risks associated
Discuss the methodology of operation research
Orange Company is allocating its advertising budget for its new smartphone targeting graduate and undergraduate students in RTP. The company has invited representatives from the lo
What things should be taken into consideration in the creation of a roadmap for a strategic plan? What are examples of external and internal change agents? What role do change agen
what happens if line balance doesnt exist?
Examples of Variations - Operations Function Volume Low: Small quantities
1. The monthly sales for Telco Batteries, Inc., were as follows: Month Sales Jan 20 Feb 21 Mar 15 Apr 14 May 13 Jun 16 Jul 17 Aug 18 Sep 20 Oct 20 Nov 21 Dec 23 a. Plot the m
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