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Sarah, the procurement manager at Blenheim furniture wants to create a portfolio of suppliers for a new line of products her company is planning to launch. She wants to achieve a reasonable balance between costs and risks. The suppliers all reside in Christchurch, a location prone to earthquakes and flooding. Sarah believes that the probability in any year of a “super-event’ that might shutdown all suppliers at the same time for at least 5 weeks is 4%. Such a total shutdown would cost the company $500,000 approximately. She estimates the “unique-event” risk for any of the suppliers to be 6%. The marginal cost of managing an additional supplier is $15,000 per year. Evaluate how many suppliers Sarah should use assuming that there are up to three identical suppliers available.
Calculate the optimal order quantity of springs for Supplier B. Supplier B offers a setup cost of $10. All other factors remain the same as Supplier A.
Develop an outline (major headings and subheadings only) for a project management plan to create a Web site for your class, and then fill in the details for the introduction or overview section. Assume your instructor is the project s sponsor, you ar..
Determine whether the current organizational structure at Domino's is a good match for its corporate strategies. Explain your rationale. Evaluate alternative structures to determine which one would be most appropriate for Domino's to consider and ..
Explain in complete detail the benefits of the Family Medical and Leave Act - date it was passed, it major components and its importance to employees and families
Analyze the impact the USA Patriot Act has had on security management in the private and government sectors. Analyze at least two principle legal complaints about constitutional rights.
Caluculate the anual holding cost plus the annual ordering cost to get the total annual cost when using an order quantitly of 200 boxes. Calculate the EOQ and the total annual cost for this order quantity.
Consider the following business scenarios. Imagine yourself as small business owner who uses e-commerce. What happens if the dollar increases in value (relative to other currencies)? What happens if the dollar decreases in value (relative to other cu..
Formulate a linear program to help minimize cost while satisfying demand. Solve the LP using Solver or LINDO and generate the range sensitivity analysis as part of the output.
Identify how attitudes in the workplace have changed throughout the years. (Do not go back any longer than two decades. Consider many factors such as media, events, and generational gaps.) Does this change impact the organizational culture?
Although the relative size of age cohorts within a culture is determined by a number of factors that can vary from one generation to the next, what is the primary cause of the relative size of the same age cohort differing between cultures?
The following are reasons why keeping long-term customers is more beneficial than continually acquiring new customers except:
Describe and explain in deatail what Accountability is. What implications are there for a company and managers involved? Please provide references is any used.
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