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Since the early 1980's we in the United States have been hearing about, and most have adopted, Just-In-Time or Lean Manufacturing as practiced by the Japanese. Is it really "just-in-time" if you the consumer can buy any color Toyota right from the dealer’s car lot? Or buy any Apple iPod in any model or color right off the shelf at Best Buy? Doesn't the customer's order start the JIT process?
Maria, who lives in Seattle, sent Koji a letter via first class mail, stating, "Koji, I think your 2003 Ford SUV is worth $20,000. I will give you $20,000 cash for it."
You manage the customer service department for an online clothing retailer. Customers tend to call or e-mail with the same types of complaints and problems, day after day, and your employees are getting bored and listless. Some are starting to miss m..
The size of the first lot is 1600 units and the size of the second lot is 800 units. Find the total annual cost of holding inventory.
A rental car company is developing a replacement policy for their cars over 4-year planning horizon. At the beginning of each year, the company must decide whether to replace a car or keep it in operation for another year. A car must be in service fr..
Operations Management Table of Organization Flowchart Question
Identify the different types (list several items of each) of inventories (raw materials, WIP, and finished goods) carried in the following organizations:
Your company's chief financial officer (CFO) begins the preliminary work of developing the organization's financial plan for the upcoming year.
An organization or an entrepreneur can look for opportunities in different external areas, according to Peter Drucker. When the opportunity is due to a change by altering the types and quantities of products and services desired and customers' buying..
determine the powers created by a "general power of attorney" in colorado. Summarize the powers created by a general power of attorney, and express your reasoned opinion as to whether these powers are too broad and far-reaching.
Describe the roles and responsibilities that organizational managers and leaders play in creating and maintaining a healthy organizational culture.
Think of a time you held fast to a decision even after learning that it was probably a wrong or faulty decision. How long did you persist with your original (faulty) decision? Looking back now, when should you have modified your decision? What could ..
Garage, Inc., has identified the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 –$ 28,900 –$ 28,900 1 14,300 4,250 2 12,200 9,750 3 9,150 15,100 4 5,050 16,700 a-1 What is the IRR for each of these projects? what is th..
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