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Explain the "just in time" (JIT) or Lean philosophy of production. Explain the basic elements and benefits of JIT/Lean. Explain how the PULL systems work and the main performance differences between the JIT Pull system and an alternative MRP based Push system. Suggestion: You may use the JIT Laboratory as an example. b) How many Kansans should circulate between two workstations if demand is 500 units per hour. lead time is 20 minutes, container sizes are 35. Safety stock is 5%.
Discuss how demographic diversity and the need for diversity has affected an organization you work for or have worked for. What are some of the advantages and challenges faced by the firm because of a diverse workforce? Also, describe how diversity i..
For the three types of distribution facilities (warehouse, break-bulk, or order fulfillment center) in which would you expect the cost to distribute (on a per unit basis) to be the highest and why? Which facility would have the highest per unit cost ..
What is at-will employment? Using examples from the text or the Internet, discuss the difference between lawful and wrongful discharge of an at-will employee. List the exceptions to the employment-at-will doctrine.
Expected value for the build new plant option.
Opinion research indicates that the public’s highest concern regarding regulation of industry is. The ______ provision of the Fair Credit Reporting Act requires that consumers who are seeking credit for personal, family, or household purposes be info..
The treatment of two health workers infected with the Ebola virus in 2014 with experimental medicine raised questions about whether medicine that has never been tested and shown to be safe in people should be used in the outbreak, and, given the extr..
A concessionaire for the local ballpark has developed a table of conditional values for the various alternatives (stocking decision) and states of nature (size of crowd). The alternative that provides the greatest expected monetary value (EMV).
Assuming that you are a manufacturing company that make a medical device to measure a heart rate and blood pressure. You are looking for an opportunity to export your product. What is your entry strategy? What type of partnerships will you have? What..
The Production Department can increase its productivity by 5% for each new PC it gets. The Marketing Department can increase its productivity by 3% for each new PC it gets. The Finance Department can increase its productivity by 2% for each new PC it..
What is the relationship between risk management and quality management of a project? Why is it important to have both risk and quality management in place? What happens to a project's success if you focus too much on one and not enough on the other?..
Consider the readings from the textbook for this unit, as well as your own experience. How would you define excellence in project management. In your opinion, will excellence in project management consistently have a positive impact on the organiz..
What are the ethical issues related to authoritarian and participatory leadership personality styles? Discuss the strategic role of operations management in business administration. Support your answers based on the textbook and other sources. What a..
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