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The MAD for a forecast is 1000 units per year. If the lead time is one month, what will be the standard deviation of the forecast error for one month (assuming 12 months in a year). Please include at least two decimal places in your answer.
What characteristics of a new product will help it to move through the early stages of the product life cycle more quickly? Briefly discuss each characteristic—illustrating with a product of your choice. Indicate how each characteristic might be view..
Two important components of the service-profit chain are employees and the customer. Discuss your insights into this theory and give examples of how this theory has worked or not worked in a job you have had.
Legislation and hiring laws can be a benefit to the fire service if the personnel support it, why you believe diversity should be valued in the workplace and what personnel management can due to foster diversity
Watch the video at http://youtu.be/aq8VU5KLmkY. Explain how you can use linear forecasting in an organization to make forecasts. What are some of the key benefits of using this method
What are the three critical measurements for achieving "The Goal"? How is the description of inventory different from the traditional definition?
Explain the concepts of lean production. Describe its relation to Six Sigma. Please provide examples of the pros and cons for linking them.
Consider a job you hold or have held in the past. Consider how your boss managed you. How would you describe him or her as a leader? What substitutes for leadership would you have enjoyed being put into place?
Discuss the aspects of Total Quality Management (TQM) and how they apply in service- and product-based businesses.
Explain why she fears that supervisors will be biased towards making comp1nt in house, as they tend to favour retaining more work for their people. Illustrate what should Nancy Bush do.
'Describe the importance of a project charter to the project manager. How does a strong project sponsor and clear project scope apply to the overall success of a project
LP8 Assignment: Virtual Supply Chains Locate two articles on the topic of virtual supply chains. Synthesize each article into a one-page summary using your own words. Include the following:
How are globalization, technology, and operations management inter-connected and interdependent?
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