Should lynn send that student a cheque for the idea

Assignment Help Management Theories

Reference no: EM133584704

Lynn is the operations manager of her business. Among her responsibilities are forecasting, inventory management, scheduling, quality assurance, and maintenance. What kinds of things would likely require forecasts? What inventory items does Lynn probably have? Name one inventory decision that she has to make periodically. What scheduling must she do? What things might occur to disrupt schedules and cause Lynn to reschedule? How important is quality assurance to Lynn's business? Explain. What kind of maintenance must be performed? What are some of the trade-offs that Lynn probably considered relative to: Working for a company instead of herself? Expanding the business? Launching a website? Lynn decided to offer the students who worked for her a bonus of $25 for ideas on how to improve the business, and they provided several good ideas. One idea that she initially rejected now appears to hold great promise. The student who proposed the idea has left, and is currently working for a competitor. Should Lynn send that student a cheque for the idea? Lynn is thinking of making her operations sustainable. Name one or two ideas she might consider.

Reference no: EM133584704

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