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Section 1.
Questions
1. What is capacity management and what does it consist of?
2. Give two real examples of revenue administration. Give an example of your answer.
Section 2.
1. Perform a comparative analysis between the following inventory systems shown below:
Administration of fixed quantity inventory systems and administration of fixed period inventory systems. Justify your answer in terms of companies that use both systems.
2. Apply examples where aggregate planning is taken into account for:
- A cruise
- A nightclub
- a brewery
3. What is scheduling? What is Sequencing?
4. Apply both concepts (scheduling and sequencing) in well-known companies. Justify your answer and say the importance of these concepts to keep the company active.
How are the leadership styles of the two CEOs alike? In what ways do they differ? For whom would you rather work? I
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A supplier to Toyota stamps out parts using a press. Changing a part type requires the supplier to change the die on the press. This changeover currently takes four hours. The supplier estimates that each hour spent on the changeover costs $266. Dete..
"One of the most important steps in launching a new business venture is fashioning a well-designed, practical, realistic financial plan."
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The maximum amount available of the "Other" ingredients is 125 tons. The cement sells for $60 per ton. The organization needs to maximize its profit. Formulate the linear programming problem to maximize the profit.
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