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Supply chain management expert Bernard LaLonde once said, "American management's philosophy has been: If you're smart enough to make it and aggressive enough to sell it—then any dummy can get it there. Now we're paying for [that philosophy]." What supply chain problems will managers with this philosophy likely encounter?
When writing news stories, journalists are taught to answer the questions of who, what, when, where, and why. How is the job of retailers similar to that of journalists? Use examples.
Funny Money Investments (FMI) has been authorized by one of its new clients to invest up to $1.2 million in two funds: a stock fund and a money market fund. Graphically and algebraically determine the sensitivity range of the right-hand-side value.
Discuss their application in hospitality sector. Ethical business model theory and practice.
Social security reform is needed; however, in the past when political leadership had called for such reforms, there was a groundswell of opposition to any efforts at reforming this particular entitlement. Discuss why this might be so in America?
A twenty-five-year-old manager of a branch of a fast-food restaurant was told by her boss that she was not an effective leader. She replied, "for $29,000 a year, how can you expect me to be an effective leader?" What do you think of her argument?
Create a pros/cons chart for owning real property. Create a pros/cons chart for leasing real property.
Why would you take corrective action when you’re meeting your company’s objectives? There’s always a risk and a resource drain when you shift strategies.
A typical argument in Operations and Supply Chain is Sales saying to Operations, "Why don't you make what we sell?" Operations is often responding with "Well why don't you sell what we made, after all you forecasted it?"
Summarize the major advantages and limitations of a conjoint study for new product design.
Barbra is in charge of maintaining BX7 supplies at the hospital where the mean demand for it during lead time is 60 (normally distributed) and std dev of 7. What is the safety stock if she would like to maintain a 90% service level? What is the appro..
The Toledo Mudhens, a minor league baseball team, breaks an average of seven bats per week during a 38 week season. The team purchases it bats from a national supplier. The order cost is $185 and the annual holding cost is 24 percent of the purchase ..
A burned wall collapses onto a crane, which falls on Fazio, a bystander, and injures him. What must Fazio show to recover damages from Express Delivery?
A system is composed of two parts which must both operate in order for the system to perform as intended. The parts have reliabilities of .6 and .5. There is an identical backup system connected to the main system by a switch which has a reliability ..
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