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In your readings you were shown sources where decision tools can be found. Please refer to the "What is a Decision?" lecture and select "Click to Explore." In the list provided, you will notice paired comparison analysis. Select and read about this technique. There is an excellent illustration of the theory and a very good example. Employ this technique to solve this case. A company in the Midwest produces special purpose heavy-duty electric motors used in machine tools. The company employs 1,025 workers in all. The management of the company wants to move the low-tech, labor-intensive part of its operation to Mexico to take advantage of the low cost of labor there. If the company moves its operations to Mexico, 168 workers will lose their jobs at the current location. The expected cost saving is estimated to be $1 million in the first year and $2 million in subsequent years, for nine years. Analyze the two alternatives of moving and not moving operations to Mexico. Write a report of your analysis. Your report should focus on: •Structuring the problem with objectives and consequences •Comparing the alternatives and tradeoffs
Why do you think the capstone course for the MBA program has a heavy emphasis on ethical decision making?
Trade-Offs in the Design of Operations Systems When contemplating a change in business strategy, it must be borne in mind that an operations system can be designed to do cer
Given that the question of open and closed systems is more of a continuum than a yes/no question, do you believe that more closed systems are better able to assess and improve thei
1. What benefits can be gained from case studies? What dangers, if any, are there in using case studies? In what ways are they useful? Support your answers. 2. Provide some exam
How do organization predict the short and long- term future? Explain in detail how a downturn in the economy affects not-for- profit organizations, as opposed to for-profit ones.
Discuss the following theory: The study of global business is relevant if you work or plan to work in a large multinational company, but it has little or no significance for indivi
After the occurrence of Hurricane Katrina, insurance companies refused to pay claims to insurance holders who paid premiums on time and had binding legal contracts. What do you thi
What are the different levels of diversification firms can purpsue by using different corporate level strategies and what are the advantages to diversifying their operations?
Supply Process Improvements examine the steps of the supply process in Chapter 4 of the text and identify a project where improvements could be made in one or more of the steps.
Explain the three core principles of total quality
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