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Investigate and identify any significant declines in inventory costs and levels for an organization over the span of the past 20 years.
How have costs of carrying high levels of inventory (such as financing, opportunity, obsolescence, and pilferage) in your organization changed?
Suggest at least one reason for any apparent decreases in costs or levels of inventory.
What benefits can you attribute to these declines?
Research, individually, a corporate social responsibility (CSR) policy at a large organization. Prepare to discuss the benefits and disadvantages of the policy with your team.
Based on your Internet research, discuss two or three of the best ideas that an interviewee or a current employee might use to negotiate better pay and/or benefits. How might you use them in your own negotiations?
In the production-run EOQ model, if usage and production/delivery rates are equal, there will be no inventory build up, and thus the order quantity cannot be calculated. Using the basic EOQ model, the higher an item’s holding costs, the more frequent..
What is the objective of critical path analysis? Explain why the critical path is the longest, not the shortest, path through a network.
Discuss the long and short term implications for a company's products and profitability if they fix problems at the end of a production line, or stop production to deal with the problem when it is discovered. Consider such things as "can you find all..
Please discuss how your organization's senior leaders set directions and create a customer focus, clear and visible organizational values, and high expectations for the workforce.
Would you seek to acquire a company within the European Union or outside of it. Why. Describe the advantages and disadvantages of the choice you made.
Eric Johnson (using data from Problem 1.6) determines his costs to be as follows: • Labor: $10 per hour • Resin: $5 per pound • Capital expense: 1% per month of investment •
Review the main principles of effective listening, and select two (2) listening skills that you do well and two (2) listening skills upon which you could improve. Next, create a scenario in which you could implement the improvements that you have sel..
Statement Review Logistics Managers Will Be Leaders Than Technicians
Jerry Smith is thinking about opening a bicycle shop in his hometown. Jerry loves to take his own bike on 50-mile trips with his friends, but he believes that any small business should be started only if there is a good chance of making a profit.
Provide an example of a company you believe has a good network design, providing supporting rationale on why that network is effective and what types of business decisions or reports can be made from its utility.
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