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Your organization has been offered an opportunity to supply a complex new engine for a recreational vehicle. Your current capacity is nearing its limits. To take on this new product, you might have to add workers and/or increase investment in new equipment as well as possibly outsource some of the work to a new supplier. Currently, you are in the midst of a major productivity improvement effort whose benefits are not yet discernible. You are concerned about maintaining your overall reputation, given the time pressures associated with the project and the manufacturing complexity of the new engine. What should you do in response to this opportunity? Think broadly but remember that you will need to compress your ideas into a onepage diagram. Do not include downstream decisions or random events that will have little or no impact on the decisions at hand. However, make sure to include those decisions or random events that could have significant impact on the starting point for the current key decision regarding whether or not to supply the new engine.
Suppose that a car-rental agency offers insurance for a week that costs $75. A minor fender bender will cost $2,000, whereas a major accident might cost $16,000 in repairs. Without the insurance, you would be personally liable for any damages. What d..
This video introduces the concept of business risk and risk management. It notes that business risks can generally be classified into four categories: property, market, employee, and customer.
Describe FIVE different improvements a manufacturing organisation might experience as a result of introducing Total Productive Maintenance (TPM).
Come up with an example of a hypothesized correlation between the quantity of a product consumed and a specific background variable of consumers clarify the operational definition of each variable. Would the correlation be positive or negative? Do yo..
What makes the strategy formulation process unique from other decision that the organization makes on a daily basis
What are economies of scale in a manufacturing plant? Do they continue forever? What are diseconomies of scale? How might you decide the optimal size of a plant?
Take a global organization from experience or research a global organization. Explain what type of alliance that particular organization had with another company in a foreign country. Mention what were the advantages and disadvantages of that allianc..
The tennis club has a number of inventories it must manage and must minimize all its expenses to stay in business. For each inventor, describe a goo management policy or system:
Midyear on July 31st, the Digby Corporation's balance sheet reported: Total Liabilities of $128.620 million Total Common Stock of $6.350 million Cash of $10.050 million Retained Earnings of $47.516 million. What were the Digby Corporation's total ass..
As a manager in a foreign subsidiary, how can you reconcile local expectations of questionable payments with the Foreign Corrupt Practices Act? What is your stance on the problem of "payoffs?" How does the degree of law enforcement in a particular co..
In your first Learning Activity for week 1 you discussed some things that come to mind when you think of the word “ethics”. Over the course of the past 8 weeks, has your view or conception of ethics changed in any way? If yes, is there a specific mom..
3- to 4-page microsoft word documentimagining yourself to be the customer construct a house of quality to provide the
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