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Briefly explain one of the seven concepts for total quality management (TQM). Describe one TQM tool and explain how it improves processes and products.
How do the two plants compare with respect to the cost of labor for making a car? For each location, what is the breakeven volume and what is the total cost at breakeven?
Sears is losing market share, has been acquired by K-Mart and is eliminating jobs; Wall-mart is gaining market share and hiring. Illustrate what are ethical issues involved and which industry has a more ethical position."
Pick a company. Describe the switching costs that the company would incur if it began to phase out its current suppliers and pick new suppliers. How would you suggest this company reduce its switching costs? Explain with an example.
Explain the different roles that strategic thinking and strategic planning play in the strategic planning process. Describe how management uses the strategic planning process to better understand their company's internal strengths and external opp..
Corruption and bribery are common in some countries. Would you simply avoid locating in such a country, or locate there and deal with it? If the latter, how would you deal with it?
Suppose that the economy is thought to be 2% above potential ( that is, output gap is 2%) when potential output grows 4% per year.
Archer Contracting repaved 35 miles of four-lane interstate roadway working 10 days with a crew of five employees using $9000 of paving material. Which Corporation is more productive also by describe how much.
Decide the hourly capacity of each process stage and the number of machines needed to meet an output rate of 50,000 units per hour. Explain how does facility layout impact your numerical analysis and process efficiency. Explain.
Two alternative plant layout designs are being proposed to produce a new product. The production will consist exclusively of labor-intensive assembly.
If social networks are an essential element of the organizing facet of the P-O-L-C framework, should employers track the use of LinkedIn or Facebook among their employees? Why or why not?
Abbott Manufacturing produces plastic cases for solar photovoltaic panels and has decided to combine orders from customers to increase work order size, and thereby make one large production run per model type.
Define and discuss quality management, the evolution of the quality improvement movement, and implications of public health for health care organizations to implement national quality initiatives.
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