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Tornadoes are a significant and unique feature of middle North America. The rain is welcome to agriculture and cleaning the land, but the wind storms can cause much destruction and some loss of life. How are tornadoes forecasted now? Is there a better approach you would like to see?
How does The Goal define a bottleneck resource? Develop your own simple example of a bottleneck to demonstrate.
Imagine you are the owner of a small company about to expand in a big way.
Consider the four generic business strategies defined by Michael Porter. What are the pros and cons of a "hybrid" strategy? How is it achieved?
Discuss how SHC has used the principles of lean to improve performance.
As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. What is break-even volume per evening performance?
Why would employees tend to pay more attention and be more careful about those areas that are being tracked?
What factors affect the likelihood a firm will take a competitive action?
What is the equilibrium price and equilibrium quantity? If a price of $40 occurs in the market, rather than the equilibrium price, would we have a surplus or a shortage? Of how many units?
Describe the steps in management decision making. What are the difficulties in making management decisions?
Provide a comprehensive explanation of the essential concepts of SCM and explain to what extent SCM is applicable to a service operation such as CII.
What skills are necessary for leaders in competing organizations to be able to work together and share resources to benefit the health of the community?
Explain accidents? What are the classifications of accidents and what methods can be used to reduce accidents?
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