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Can you think of a time when you satisficed in making a significant life decision? What critical piece(s) of information was/were missing that might have steered you in a different direction? How has this single event altered your decision-making strategy?
Review the advantages of the work cell concept and how to integrate lean manufacturing concepts to the design.
What is the function (purpose) of the National Fire Protection Association (NFPA)? How does the NFPA rate benzene for health hazards and flammability? What are the two physical hazards of benzene? Describe the health effects of short term exposure to..
Total Quality Management (TQM) is a bottom-round management philosophy, in that workers who actually do the work are the ones responsible for quality improvement initiatives. Waiting time in queue increases exponentially with the coefficient of varia..
Rina's Electronics Corporation retains a service crew to repair machine breakdowns that occur on average ?= 3 per 8-hour workday (approximately Poisson in nature). What is the utilization rate of this service system? What is the average downtime for..
Describe the distinct stages of sourcing, selecting, procuring, and managing contracts. Explain the significance of inventory in logistics and supply chain management
HEC's product (hydrogen fueled engine) under development took 160 hours for the production of its 2nd unit and 128 hours for its 4th unit. What is the learning curve. How much time did the first unit take. How much time would the production of the 1..
ABC Builders contracted to build a summer home for the Smith's. The contract specified the installation of "galvanized, lap welded, standard grade pipe, manufactured by Oaks Co" for all of the plumbing. ABE substituted another brand of galvanized pip..
How do the two alternative process technologies (Chemling and AFU) differ in terms of their scale and automation? What are the implications of this for Rochem?
Identify advantages and disadvantages of international strategic plans? By using specific examples, explain how multinational firms balance (or not as the case may be) trust?
Global transportation creates a variety of challenges and risks, but also opportunities: Transporting their products globally increases the size of companies’ markets. Explain why global transportation is such an important issue for buyers, sellers, ..
What constitutes the internal environmental forces in an organization's? What is a backward vertical integration of an organization? Give some examples of political and legal regulations which may affect an organization?
Critically analyse the theory, concepts and models of operations and information management and demonstrate an understanding of the strategic importance of information management in global organisations.
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