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Question: In your role as Manychip's production planning staff member, one of your tasks is to help the supply chain team focus on capacity planning. One of the key production plants in the supply chain currently uses a lead capacity strategy in which they make enough chips to offset demand even when this means excess inventory levels at times.
1. Define the lead, lag, and match strategy for capacity planning.2. Recommend a better strategy for the Manychip's production strategy, outlining the advantages of your proposal. Should they change from the lead strategy or not?
Explain how should an organization handle an employee that is injured and they have tested and acknowledged that they were aware of the safety hazards but ignored the rules?
New Orleans Paddlewheels, Inc. (NOP), is a Louisiana corporation formed in 1982, when James Smith, Sr., and Warren Reuther were its only shareholders, with each holding 50 percent of the stock. NOP is part of a sprawling enterprise of tourism and ..
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Elasticity refers to the responsiveness of one economic variable to changes in another, related variable. Consider the price elasticity of demand
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Do you believe that a free and competitive market should determine the success of a product or service? Or do you believe that the government should have more control over the market?
Explain the theory of interest and discuss the decision-making concept it applies to in analyzing cost and return on long-term investment.
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