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Artificial intelligence and decision support systems are examples of a class of systems known as knowledge management. However, it is said that knowledge management is a business process, not a technology. Do you agree or disagree? Explain your position.
Examine the major influences that organizational culture can have on organizational ethical decision making. From your personal experience in your current or past organization, provide one (1) example of how organizational culture influenced the outc..
What are the main competitive priorities? Provide some examples of how OM influences the five major types of competitive priorities.
Elaborate your own definition of production operations management, including manufacturing and service operations. Then, assess the implication of technology in your definition. Lastly, appraise the impact of your previous responses to your Operation..
A retail store sells a seasonal product for $10 per unit. The cost of the product is $8 per unit. All units not sold during the regular season for half the retail price in an end-of-season clearance sale. Assume that the demand for the product is nor..
Define the use of regional trade organizations in international business. Identify the Regional Trade Organization of which the United States is a member.
Cycle time is defined as the maximum time that the product is allowed at each workstation. It is determined by the formula: Cycle time = production time available per day/units required per day.
Suppose production manager is told to reduce safety stock of this item by 100 units. If this is done, illustrate what will new service probability be. Solve this problem.
According to the Master Production Schedule (MPS) of a company, it is required to develop a timetable for the development of two products (A & B) in the next five periods (currently in the period 5). These finished products have a lead time of one we..
Many retailing experts predict that retail stores will never die because online shopping cannot replace the experience of visiting a store. What aspects of visiting a store make it preferable to shopping online for so many people? Describe an example..
Pepsi uses six-sigma technique to evaluate whether its 15 oz Gatorade has consistent weight. Pepsi took a sampling of 1000 15 oz Gatorade and found out that the average weight was 15.12 oz with a standard deviation of 0.3 oz. Pepsi considers a to..
Identify ways operations management utilizes technology to improve processes.
Yearly demand of high performance tires at a retail store is 10,000 per year. The ordering cost is $400, the carrying cost is $100, and the lead time is 9 days. The retail store only closes 5 days in the year.
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