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The last sentence at the bottom of Handout 4 Slide 19 states that “All models and tools are built upon assumptions: if the assumptions are found to be wrong… decisions based upon those models are unlikely to create the desired outcome.” Handout 8 (on slide 23) showed that one erroneous assumption many managers have regarding measurements to drive decision-making is that we should allocate overhead to the product level. Challenging that assumption was illustrated in the solution to the P&Q problem. Topics 5-7 each identified an assumption that the TOC-based functional solutions of Drum-Buffer-Rope (DBR), Critical Chain Project Management (CCPM) and Continuous (Pull) Replenishment (CR).
Identify what each specific assumption that was challenged was.
What was the key change challenging each of those assumptions that was implemented for each of the TOC-based functional solutions which generated the improved results?
Find a company you are familar with and explain how it uses its operations management function. Identify what the company is doing correctly. Do you have any suggestions for improvement? Provide your sources of information for the response.
You are the safety and occupational health professional for your city's Health Department. You received a call from a major food distribution warehouse that some employees are complaining of dizziness and feeling sick.
Why would a firm regularly choose to be a second mover? Likewise, why would a firm purposefully be a late mover?
Discuss ethics in the context of relativism, psychological egoism, utilitarianism, deontology, and virtue ethics.
What are the principal differences between functional and divisional organizational structures? What are the advantages and disadvantages of each type of structure? When do organizations appropriately use a functional organizational structure?
Why is the National Transportation Safety Board (NTSB) an independent Federal Agency? What are the NTSB’s three major responsibilities (do not simply list them, briefly explain each one)?
Discuss and analyze the functional strategies used by Ford Motor Corporation in its rollout of its fleet of electrified autos. Ford Motor Company's Electrification Strategy
Which of the following statements about packaging is TRUE? Which of the following statements about channel systems is TRUE? Words, symbols, or logos that are legally registered for use by a single company are:
Central to the subject of consumer behavior is the concept of reinforcement. We marketers have "borrowed" this from psychology, as we have done with many other concepts. Positive reinforcement is reward for doing something you should do. Punishment i..
Complete a three period MOVING AVERAGE Forecast for periods 4 through 11. Complete a WEIGHTED MOVING AVERAGE Forecast for periods 4 - 11 using the weights assigned to your data set
Which of the following statements is TRUE about how Americans refer to crime?
Did you notice anything else that caught your interests that you were previously unaware of?
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