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A Mexican clothing company is wanting to do a joint venture with a U.S. clothing company. They are looking to create an internet presence that include the advantages that both companies bring to the table. While they negotiate the particulars of this contract (and using what you've learned from the chapter about negotiation):
1) What would you advise the Mexican company to do/not do during negotiations in order to be successful?
2) What would you advise the American company to do/not do during negotiations in order to be successful?
If Joe and Bud have an e-mail exchange that documents their agreement, does this change your answer? Why or why not?
The retailer is not using an order quantity of 500 units. An analyst observes that savings could be realized by using the EOQ. The manager says to forget about mathematics, he has a way of reducing the order cost to only $25/ order.
Briefly describe the project scope process, and what you see as the project scope process' strengths and weaknesses.
What are some capacity measures for each of the following
There are challenges associated with managing a supply chain in the global economy such as (A) managing disruptions (e.g. the effect of the earthquake and the tsunami in Japan in 2011 on global electronics
What do you think about Walt Disney's decision not to purchase merchandise from Bangladesh? Is this and appropriate way of dealing with the problem?
Name some ways that a layout can help or hinder productivity.
Operations differ in terms of their volume, variety, variation and visibility (see Diagnostic Question). Critically examine the inter-links and relevance of these four Vs for the operations function of the organisation where you are currently, or ..
There is concern about the speed of automobiles travelling over a particular stretch of highway. For a random sample of seven automobiles radar indicted the following speeds, in miles per hour: 79, 73, 68, 77, 86, 71, 69 Assuming a normal population ..
Calculate the percentage return on the security in one year is $1000, $1500,$2000, or $2500. (note: this is the total amount returned to the investor, so you may just calculate the total return and not worry about how this is split up between curr..
An entrepreneur, Mike Smith, is getting ready to launch a company that offers professionally recorded, five minute videos of Karaoke performances. Mike anticipates the recording equipment to cost $225,000 and the material and labor to come to $16 per..
The population mean and standard deviation for a process for which we have a substantial history are 120 and 2.52, respectively. For the variable control chart, a sample size of 16 will be used. What is the three-sigma upper control limit for the pro..
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