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Supply Chain Management Performance Problem : You are given the following data relating to the value of inventory in your company: (All values are in thousands) Quarter 1 2 3 4 Cost of Goods Sold ($) 1100 1300 1100 1300 Aggregate Inventory ($) 280 320 290 310 What is the Cost of Goods Sold for the whole year ($/year)? What is the Average Aggregate Inventory Level ($/turn) What is the inventory turnover (turns/year)?
What are the essential differences among the relationships of principal and agent, employer and employee, and employer and independent contractor?
Why is benchmarking an important component of total quality management (TQM) programs? Do you believe a company could have a successful TQM program without using benchmarking?
From personal observations or experience, provide an example of where service planning difficulties have been self-evident. Explain what you feel they could have done better from a planning strategy perspective.
Discuss the importance of collecting information about competitors? Distinguish between ethical and unethical methods of gathering competitive intelligence.
Assume that you have recently been hired as the director of continuous improvement of a company. You are an outside hire with limited history of the firm and personal capital at the firm, and you are responsible for lean production, total quality ..
C&A Electronics Division sells 30,000 cellular phones each year. They pay a supplier $200 for each phone, annual holding costs are 20% of unit phone cost, and ordering costs are $50 per order. The supplier offers a discount of 20% on orders of 350 or..
Explain Bowie’s argument in “Money, Morality and Motor Cars” regarding businesses’ obligations to the natural environment. Next, explain Arnold and Bustos’s main argument in “Business, Ethics, and Global Climate Change.” State their objections to Bow..
nternal customers in organizations, Distribution resource planning (DRP), Electronic data interchange (EDI), Stocktaking, inventory policy, Shelf life of products, Limited storage space
two managers are debating the consequences of adding something - well call it component x - to their firms
make an estimate of the dilution that Parviz and the founders would have to take in this case if the VCs were to retain their IRR. Indicate approximately how much less the founders would have in their pockets when the company was sold.
measurement is only a handmaiden to improvement but improvement cannot act without it. Do you agree or disagree with this statement? Why or why not? Provide at least three specific reasons to support your position.
An inventory manager for a furniture manufacturing company has collected the necessary information to determine the optimal production policy for a Louis V bed model. Find the optimal production policy. The inventory manager decided to allow shortage..
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