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Assignment:
Answer the following questions related to the beer game. (Inventory management)
(a) Describe the shortcomings of the EOQ model (to set order size) when you played a beer game. Answer should be a maximum of one sentence!
(b) What was your policy during the entire beer game?
(c) Did you face stress during the game? In which stages?
When would you choose optimizing or satisficing over maximizing a decision?
Please support your answer with examples of current organisational changes for example Qantas, Samsung, Toyota. Transition to change may be challenging illustrate what approach can we adopt when implementing change.
The organizational ethics in US corporations is often different than the ethics and legal compliance in foreign countries. How do these differences impact the globalization of business? If you were going to expand your business to the global market, ..
The bulk of the report is on how it went, including successes and failures. What would you do differently next time?
Identify at least 5 relevant concepts that are specific business and industry needs. Explain why data should be consistent among customers.
How many days, on average, does a product stay in Costco's inventory before it is sold? Assume that stores are operated 365 days a year.
Two articles about business networking. Write the main points. Professional and volunteering networking.
Describe the Production Planning and Execution cycle (as implemented in SAP ERP) starting from sales and operations planning all the way to the receiving of finished goods into warehouse stock. Use a diagram to show the linkages between the differe..
If your Laboratory was deciding whether to outsource some of the firm's IT functions, what would be some important items to consider? Discuss these items in the context of a specific IT function that your company could outsource.
How will you communicate information to employees? What tools or methods will you use to communicate the plan?
On average, the pharmacy prepares 500 CSP doses per day. Use Little's law to calculate how many doses in total are prepared for a single order on average.
We are at the midpoint of this course and by now you have probably had a few "ah-ha" moments where you learn something completely new about leadership,
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