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A high school student is trying to decide what to do after high school. She could get a job, where she expects to make an average of $25,000 per year over the next 10 years. She assumes she will have no problems finding a job. She can attend an Ivy League school, which will cost $30,000/year for 4 years if she gets a degree in the liberal arts or business. If she decides to major in engineering, she concludes (perhaps incorrectly) that her studies will be much more stressful, and that she should assign an extra $10,000/year in costs. There is a 50% chance that she will get into an Ivy League school. If she does not, she can either get a job immediately, or go to a local state school. If she gets an Ivy League degree, she anticipates an average salary of $60,000/year if she does not get an engineering degree, or $80,000/year if she does. There is an 80% chance she will get such a job after she graduates. If not, she can find the type of job she would have gotten had she not gone to college. If she attends a state school, her costs will be $10,000/year for liberal arts/business and $15,000/year for engineering. She assumes there is a 95% chance she will be accepted at a state school, and a 75% chance she will be able to find a position after graduating. She anticipates average salaries of $50,000/year and $65,000/year, depending on her major. Assume there are no time value of money concerns. Draw the decision tree and make recommendations on which decisions are the most appropriate.
How would you describe the benefits that accrue from implementation of e-commerce/e-procurement in an enterprise and how would you describe the pitfalls associated with the use of e-commerce/e-procurement in these sectors?
or this assignment you will again be working with the afterschool depot case study. remember that you are the channel
Examine the types of contracts and performance-based acquisition. Select the type of contract you would like to use for the vehicle purchase and evaluate the pros and cons of sealed bidding contracts and negotiated contracts, emphasizing which on..
What are some recent trends in supply chain management? What are the elements of supply chain management? What are the strategic, tactical, and operations responsibilities in supply chain management?
Baker Machine (see Problem 3) is considering two alternative layouts.
Provide a detailed recommendation as to whether you should open a West Coast distribution center, add on to the existing East Coast factory and warehouse, or build a combination West Coast manufacturing location and warehouse
Explain the importance of effective supply chain management in achieving the organisation's business objectives. Explain the link between supply chain management and business functions in the organisation.
To what extent has the World Trade Organization helped to prepare a global trading environment that is favorable for your business or country?
What are the goals and benefits of supply chain integration? How can we integrate internally and externally? Discuss six different contexts of integration which are: customer integration and internal integration.
Plots would be a nice way to graphically demonstrate, or you may submit a brief write-up explaining the correlation between the factors of fill rate and uncertainty on safety stock.
Contrast the critical success factors (CSFs) and SWOT (i.e., strengths, weaknesses, opportunities, and threats) approaches for assessing opportunities as part of a strategic IS planning process.
Define supply chain management. Describe the essential components of a typical supply chain management process, and define the components using examples
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