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This week's lesson revolves around product and process design. Your assignment for this week's forum is to choose a company and some specific product (or service) they produce for which you believe considerable redesigning, repackaging, or re-configuring could result in substantial increases in the company's sales and profits. Once you have completed your research, address the following questions:
What is the product's history, who makes it, how long has it been on the market, what is it's function. Include any competition this product has and how this product "stacks up" against the competition.
What are some of the challenges to market acceptance?
Explain how you would reconfigure the product or service to grow sales and profits.
Discuss how you would market this product once redesigned.
The middleman stressed the importance of etiquette and social customs in addition to the win-win model.
how have the ideas of constant improvement processes such as tqm six sigma and other improvement processes affected the
Dunstreet's Department Store would like to develop an inventory ordering policy of a 95 percent probability of not stocking out. To illustrate your recommended procedure, use as an example the ordering policy for white percale sheets. How many sheets..
Explain the following decision making terms in your own words. Use examples, if necessary and make sure you read and respond to the postings of others. Bounded rationality. Sub-optimization. Expected value of perfect information.
As the human resources manager, you must convince Chris Crittenden, vice president, that your company needs a training program for all workers who are currently telecommuting or who plan to do so. Their managers should also receive training. You deci..
Illustrate what is the minimum-price order quantity for the shoes. Illustrate what are the annual savings of your inventory policy over the policy presently used.
Select a part of general SCM Theory to examine more closely. Conduct online research to support your writing with credible sources.
Explain how much power relative to this decision did Mary, Jack also the president of Standard Software possess also illustrate what type of power was it.
You are the emergency manager in a city that is having a parade. You are concerned about protestors or terrorist attacks because controversial groups are participating. What kind of technology do you want at your disposal to respond to the situation ..
Forecasting is important for virtually all operations, but it is part art and part science. Can these live together?
Mop and Broom Manufacturing has decided to produce a new type of mop. Should Mop and Broom produce the mop with the new or current equipment?
What is BCG matrix? Why do we need BCG matrix? How we can use BCG matrix for effective strategic formulation?
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