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Your company makes all the bobble head dolls for Major League Baseball. The doll making procedure is the same for all bobble heads, they are then sent to the painter to make each bubble head match the look of a specific player. The annual demand from MLB is 100,000 bobble heads. it costs you $60 to setup for a production run of the bobble heads, and the annual holding cost per unit is $15. The company that paints the bobble heads is willing to wait if you run out of inventory, but instead of paying $9 per unit, they require the price to be reduced to $5 per unit.
a) How many units should be ordered each time that an order is placed?b) An order should be placed whenever total back-ordered demands sum to what?
Illustrate what is different about applying lean in a factory versus a service situation. Describe your finding in a 2-page report.
Analyze and discuss how the role of human resources today can provide value as a strategic partner in an organization.
What are some of the Managerial implications of the "global village?" With regards to large organizations, what is the significanca between a multi-national corporation and a trans-national corporation?
Discuss the ideas of character ethic, female ethic, human rights, and ethical action.
Low-tech: A low-technology, low cost process consisting of hiring several new junior engineers. This option has a fixed cost of $45,000 and variable-cost probabilities of .3 for $.55 each, .4 for $.50, and .3 for $.45.
Would it be the same if the award was published on the Internet, but the revocation in the newspaper? Explain
Southern Markets, Inc., is considering the use of ABC analysis to focus on the most critical SKUs in its inventory. Presently, there are approximately 20,000 different SKUs with a total dollar usage of $10,000,000 per year.
A critical issue in training is the transfer of training, and ethics training is no exception. How could the transfer of ethics training back to the workplace be maximized? Define the term, transfer of learning.
A company produces two products, A and B. Each must go through two assembly lines. Product A requires 12 hours on Line One and 4 hours on Line 2. How many of each product should the company produce to maximize profit?
What kind of data is appropriate for smoothing methods (like mov ave/wtd mov ave/expo smoothing)? What kind of data is appropriate for trend projection? For regression? Give an example of the type of data for one of the three methods.
Collect a small representative sample of secondary data related to career aspirations. Fifteen is the recommended sample size. The data can be collected from observations, surveys, or historical records.
Identify and describe specific similarities and differences you notice between the Law Code of Hammurabi and laws today. Explain whether or not you believe that the punishments listed in the Law Code of Hammurabi "fit" the crimes.
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