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Nevertheless, as the text explains there are many examples of markets where individual firms believe-rightly or wrongly-that they do not have any control over the price they charge. That is, they are "price takers". Come up with two examples of such markets, and explain why the firms in those markets may feel they have no control over price.
Compute the economic production quantity. Compute the annual minimum total cost. How many working days does each production run take? What is the level of maximum inventory? What is the cycle time.
Illustrate what is capacity balance also explain why is it difficult to achieve in practice. Discuss the methods that might be available to a business to address capacity imbalance.
Choose a company and briefly describe its business and uniqueness in its industry. Now compare its management practices with the six principles described
Can management or organizational culture actually cause a mishap? Again, how would an investigator actually prove that a certain culture was causation in the accident?
Which of the following factors would you recommend that the manager investigate: quality problems, absentee is more scheduling also balancing. Elucidate your reasoning. It is not sure how to elucidate in Operation MGT terms.
Suppose the production manager is asked to reduce the safety stock of this item by 45 percent. If she does so, what will the new service probability be
Due to variations in processing times, management has decided to keep 20 percent of the needed inventory as safety stock. How many kanban card sets are needed?
Once functional manager also project manager agree on a project schedule, who is responsible for getting work performed. Who is accountable for getting work performed.
Show your supporting calculations. If construction manager were an optimist, illustrate what criterion would he choose. Illustrate what would be choice of dwelling for that criterion. Show your supporting calculations.
How do you determine if the conclusions of empirical research are logically supported or not? Do conclusions that are not logically supported invalidate the entire study? Why or why not?
illustrate what ways would proposal by vice president of sales affect plant production capacity illustrate what o r remedies can be provided to case above.
Why are mission and vision relevant to the management of internal organizational social networks? What performance standards might reinforce a firm's mission and vision?
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