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The idea of "learning" assumes that given the right conditions that the time or cost of performing repetitive actions changes in a regular pattern. The unit formulation suggests that:
A) Each doubling in quantity will result in a reduction in the unit cost by the same amount.
B) Each doubling in quantity will result in a reduction in the unit cost by the same percentage.
C) Each repetition (or unit produced) will cost less than the prior repetition (or unit produced) by the same amount.
D) Each repetition (or unit produced) will cost more than the prior repetition (or unit produced) by the same amount.
In a narrative format, discuss these firms from a strategic perspective.
Discuss the relationship between service level, uncertainty, safety stock and order quantity. How can trade-offs between these elements be made? Please provide a detail response.
What crisis management tools should (or did--if you want to do some research) Costa have had in place in both crises?
Compare and contrast Economic Order Quantity and Just-In-Time as inventory control methods.
The future can be forecasted using the exponential smoothing method if you know the most recent forecast and alpha.
Examine a recent business periodical and report (briefly) on some ethical problem in the news. Could this type of ethical problem occur in a small business?
Find the optimal job sequence for this serial system with the minimum makespan.
Using the six inventory drivers as described by Dennis Lord in his article, "Inventory: The necessary evil?"
What is the recommended production rate if a level strategy is adopted with no back orders or stockouts? What is the ending inventory for month 4 under this plan?
How might a project team recommending an ERP design strategy justify its recommendation as compared with other types of design strategies?
How can value chain analysis help an organization implement its strategic plan?
What are the advantages and disadvantages of collaborating for research and product development?
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