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You have a novel product idea and a working prototype for floating fishing pliers. You use an extrusion process to manufacture the pliers, and your family assembles them out of your basement. Your plan is to distribute them through sporting goods stores that cater to anglers. Applying all that you have learned in this course, create a detailed strategic plan for the next five years. You should include the following elements of comprehensive strategic plan: •A mission statement that describes the overall purpose of the organization •A resource needs assessment •A statement and some detail on the technology requirements, goal statement, and rationale •A set of objectives (measurable and observable) •A statement on the hardware, software, and facility resource requirements •A statement on training resource requirement and staff development plan •A marketing plan •An itemized budget, evaluation method, and funding sources
Demand for Caruso's Frozen Pizza (CFP) is normally distributed. The demand for CFP averages 400 per day with a standard deviation of 200. Weekly demand (5 days) averages 2,000 unit
Typical Financial Performance Measures Profitability - Profit margin, return on capital invested, return on equity Liquidity - Current ratio, cash position, working ca
Question : Show origin of Collaborative Planning, Replenishment, and Forecasting (CPFR) Origin from CFAR How CFAR standard was renamed CPFR Continuing improvements
You have a novel product idea and a working prototype for floating fishing pliers. You use an extrusion process to manufacture the pliers, and your family assembles them out of you
Process Planning Procedure The process planning procedure has the followings steps as shows in figure as
1. A company hires a file clerk but does not inquire into his criminal history. In fact, he has had several convictions for driving while intoxicated. On a lunch break, he gets dru
What is the major difference between aggregate planning in manufacturing and aggregate planning in services? Provide and explain to examples.
The owner of Genuine Reproductions (GR), a company that manufactures reproduction furniture, is interested in measuring inventory effectiveness. Last year the cost of goods sold at
Limitations of E-Business 1. Problems relating to the security of the data 2. Limitations of bandwidth (speed of data transmission) 3. Standardisation o
classification of linear programming on the basis of structure
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