Use tools often enough to make purchase worth

Assignment Help Operation Management

Reference no: EM131681280

The marketing department of Lucy and Molly Enterprises (LME) has determined that there is a substantial market for a do-it-yourself woodworking shop. LME has discovered that many individuals would like a place to do woodworking.

Some individuals cannot afford the large investment necessary to purchase all of the appropriate tools while others do not use the tools often enough to make purchase worthwhile. Nevertheless, these individuals do want to do woodworking.

LME has decided to explore the concept of opening a storefront where all of the appropriate equipment is available for rent in the shop on an hourly basis. Customers would come, sign appropriate releases, and then work on their woodworking project themselves.

Decisions should include: the type of process and layout you would have, how this fits into the overall corporate strategy of LME (you may make some assumptions about LME to facilitate decision-making), where you are to locate, forecasting, quality, etc. – all topics from the course as applied to this situation.

The charge is to think about the various topics of the course and pick and choose which ones can be applied to this situation – and to justify why you have chosen what you choose.

Reference no: EM131681280

Questions Cloud

Assess and analyze femas response and rescue efforts : Assess and analyze FEMA's response and rescue efforts, particularly with regard to its actions and efforts at coordinating with local, and federal offices.

Assessments related to leadership : Name and describe at least three assessments related to leadership.

Different basic organizational structure for organization : Identify and describe how one of the basic organizational structures was either successful or unsuccessful at your present or former organization

What is discrimination, how is it different from prejudice : What is discrimination and how is it different from prejudice. Give examples to describe the different kinds of discrimination in our society today

Use tools often enough to make purchase worth : Some individuals cannot afford large investment necessary to purchase all of appropriate tools while others do not use tools often enough to make purchase worth

Competent in a health organization : Give three examples of how a leader can ensure that all employees are culturally competent in a health organization.

Systems in health organizations : How are Planning and Decision Making linked and used by leaders as systems in health organizations?

What is the longest wait any one customer experienced : (Supermarket Simulation) Write a program that simulates a check-out line at a supermarket. The line is a queue. Customers arrive in random integer intervals.

What difference might this make for the ability of u.s : What difference might this make for the ability of U.S. companies, such as automobile manufacturers, to compete internationally

User Account

All Pages