Committee research in evaluating the alternatives

Assignment Help Operation Management

Reference no: EM132228056

BACKGROUND

The Chief Operating Officer (COO) of a mid-sized company specializing in food transportation has to make a final decision of a new Information Technology application to manage inventory, equipment and delivery of its products. The COO knows very well that an excellent logistical system is critical to profitable business and in customer acquisition and retaining. A technology committee of four is formed to research this matter and make recommendations.

1. If you are the COO of this company

How would you use the rational decision making models you studied to instruct the technology committee on its work (hint: Decision Wheel, Rational actor paradigm).

What data should the committee research in evaluating the alternatives?

You need the idea of the marginal cost and the benefit of the business and then make a suggestion based on that. And how much the application would help the firm to improve.

Reference no: EM132228056

Questions Cloud

What are the differences between evaluation and research : What are the differences between evaluation and research? What are the kinds of sampling?

What is your opinion of the on-going debate : What is your opinion of this on-going debate? Take a stance and defend your position using examples of companies that you perceive to have created or satisfied.

Elaborate on an alternative route company should have taken : Theodore Levitt left a stamp on marketing strategy when he coined term "marketing myopia" in his article published by Harvard Business Review in 1960.

Enabling organizations to pursue sustainable effectiveness : Two relatively new interventions in OD are aimed at enabling organizations to pursue “sustainable effectiveness.”

Committee research in evaluating the alternatives : What data should the committee research in evaluating the alternatives?

When will the law make a person keep a promise : Each of us makes promises all of the time, and most promises we keep, but some we don't. The question this week focus on when a promise is.

Each food type would you mix together to minimize cost : You want to mix two types of food to feed your horses at the lowest cost, How many packets of each food type would you mix together to minimize the cost?

What different consumer segments would you market to : Consumers are diverse and have different needs and wants. Marketing professionals use segmentation to divide the marketplace into groups of consumers.

Defined future need is known as anticipation inventory : Material used to satisfy a well-defined future need is known as anticipation inventory.

User Account

All Pages