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Case study
Your company has relationships with several upstream vendors. Many of these vendors are local to your operation from a supply perspective. Your company can do without components from any single vendor for up to one week but no longer, or production of your primary product will cease. The executive management has asked that the company consider developing a strategy for surviving a longer outage with up to three suppliers.
Discuss the development of a plan or strategy that would allow the company to survive for up to two weeks without supplies from three of its primary vendors.
Utilize the expectancy theory. How can expectancy theory explain performance so far? (Did employees spend more time on some activities and not enough on others? If so, how does the theory explain their decisions?) How can you use this model to improv..
The local YMCA is going to issue new membership cards to all members. They are going to set up a sequential, production line type of process to make the cards. This takes about 20 seconds per person. Let the photo develop. The pictures develop automa..
Discuss the most commonly practiced form of forecasting and list/explain a case (disaster or failure from bad forecasting).
The annual demand for a product is 16,400 units. The weekly demand is 315 units with a standard deviation of 90 units. The cost to place an order is $31.00, and the time from ordering to receipt is four weeks. The annual inventory carrying cost is $0..
Think of an example of a manufacturing (e.g., 3M) or service (e.g., Southwest Airlines) firm. Briefly discuss in your own words the operations mission, order winner, order qualifiers and distinctive competence of the chosen firm(s).
11. . Product A is made of two units of B and three unit of C. B is made of one unit of D. A, B, and D, and have lead times of one week, and C has a lead-time of two weeks. The demand for product A is 550 units in the fourth week and 600 units in th..
The major duty of the Magnuson-Moss Warranty Act is to require the FTC to issue rules regarding consumer product warranties. Using zip codes as a factor in denying credit has been determined to be illegal by the FTC due to possible discrimination tha..
Use the following information to set up a linear programming model in Solver and use it to reach a solution. In the body of your post, be sure to write out the equations you used to build the model in addition to posting a solution. S&N Manufacturing..
Lee Camera stocks two items in its warehouse which it purchases from an outside supplier. Demand for the two items are independent; the inventory carrying percentage is 20% and for each item, the demand during lead time is a normal random variable wi..
Discuss how you plan to utilize this new skill going forward. Justify why it is an important skill to have.
You are probably familiar with the old saying: "When in Rome, do as the Romans do." In other words, when doing business in another country, you should adapt your practices and standards to match theirs, rather than trying to conduct business the way ..
A toy company has decided to manufacture a new toy tractor, What is the theoretical minimum number of workstations, to ensure that a demand of 4,700 units per 40-hour workweek is met?
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