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Q. For case: Shoes With Soul: Two Friends Realize a Dream
1. Describe personality characteristics which Renee also Richard have which should help them navigate difficulties of starting a business.
2. Richard also Renee decided to focus their marketing efforts on artisans who made shoes. Do you think this is a wise decision? Why or why not?
3. Illustrate what management challenges might cause Shoes with Soul to stumble?
4. Describe two or three steps which Richard also Renee could take to avoid these stumbling blocks also guide their new business to success.
Discuss the implications from an operations design viewpoint of such a change of business model also discuss also explain the types of operations (design) strategies also tactics.
Assume a fixed price of $900, a variable price of $4.50 also a selling price of $5.50. Illustrate what is the break-even point. Explain how many units must be sold to make a profit of $500.00.
Suppose that the Fabulous Hotel hires you as head chef under a two-year employment contract. After two years, another hotel wants to hire you. However, in the original employment contract you signed with the Fabulous Hotel, the following paragraph..
Small Wonder, an amusement park, experiences seasonal attendance. It has collected 2 years of quarterly attendance and made a forecast of annual attendance for coming year. Compute seasonal index for four quarters.
By the early 1970's, IKEA had established itself as the largest furniture retailer in Sweden. Illustrate what was the source of its competitive advantage at the time.
Evaluate your layout using a distance-times-flow measure. Assume that distance is measured rectilinearly.
Explain how much will this price the Co- op per yr. Under illustrate what conditions would you agree to the supplier's proposal.
Describe a common process related to supply chain management. Illustrate what software tools are available to help plan the process.
If demand is expected to be 75 percent of current level in 5year and management needs to have a capacity cushion of just 5 percent, illustrate what capacity requirement should be planned.
Decide the hourly capacity of each process stage and the number of machines needed to meet an output rate of 50,000 units per hour. Explain how does facility layout impact your numerical analysis and process efficiency. Explain.
Assume that annual demand for a part is 40,000 units, ordering cost. Using a price-break inventory model which of subsequent is optimal order quantity.
ou have received a call from the manager of a firm where you helped set up a forecasting system. Illustrate what would you suggest.
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