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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
Marketers traditionally classify products on the basis of characteristics: durability, tangibility, and use (consumer or industrial). Discuss the appropriate marketing-mix strategy
Principle of Scheduling First Principle optimum Task Size : scheduling tens to achieve its maximum efficient task sizes are small and all tasks are of the same order of magnit
Why is it deemed necessary to protect the environment? What does it mean to society? To business? To the individual? To future populations?
What kind of problem would you apply a systems analysis to? Why?
What appears to be the primary "secret" of successful supply chain management?
When conflicting medical opinions are presented, should the advice of a medical expert count more heavily than the opinion of a general physician? Explain your answer.
Blue Computers, a major PC manufacturer in the United States, currently has plants in Kentucky and Pennsylvania. The Kentucky plant has a capacity of 1 million units a year and the
Explain the 5-S practice for improving both the physical and thinking environment of an organisation. The 5-S practice is an approach to achieving an organised, clean and stand
4. (32 points) You and your roommate are planning to open “Pizza In The Dorm” to make and distribute fresh pizza from your dorm room. You plan to provide 100% fresh, high quality p
Generic Operational Strategies - Operation Strategy Porter (1985) presented five basic generic strategies for business: 1. Cost efficiency - low cost leadership strategy
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