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QUESTION 1.
Overview the case study in BP's operations management and analyze the issues to determine the core problem that led to the Deepwater Horizon Disaster.
QUESTION 2.
Observe the operational culture of BP and the relationships with its contractors. Analyze Macondo's project decisions that lead to the well oil leak from the views of a) Halliburton cement contractor Jesse Marc Gagliano b) Transocean's Chief Electronics Technician Mike Williams and BP's Decision Makers for the project
QUESTION 3.
Evaluate the impact of the supply-chain reactions from the Deepwater Horizon Disaster using the Supply-Chain Decisions Impact Strategy and other related theories or models. Focus on Macondo's Project supply chain reactions from the procurement of inventories until the environmental outcome of the Deepwater Horizon Disaster.
QUESTION 4.
If you are the risk management committee assigned to investigate the consequences from the Deep Horizon Disaster, formulate a strategic forecasting analysis using related theories or formulas to overcome such disaster. Focus on the environmental and economic perspectives in the forecasting analysis approach.
Assuming you got a job as a Forecasting Manager with a brand new firm that has no historical data. In a high level meeting it was decided that you will develop a Weekly Exponential Smoothing Forecasting model that would go back at least
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List five (5) resources to demonstrate that there is enough information available regarding your selected investment.
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The Poisson and negative exponential distributions appear to be relevant in this situation.
You have started a lawn mowing business and need to measure how your business has been performing. You have determined that the standard time to mow a half acre yard is 60 minutes. One of your employees, John, took 70 minutes to complete the last hal..
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