The management of Pearson Institute of Higher Education (PIHE) has decided to run a registration promotion to give students some discount on their fees. The promotion is as follows: • Complete Registration at least two weeks before resumption, 5% discount is given • Up to 70% payment and black south African, 5% discount is given • Complete payment onsite, 5% discount given 1.2 Draw a decision table to represent your decision tree 1.3 Represent your decision table in a structure English

The management of Pearson Institute of Higher Education (PIHE) has decided to run a registration promotion to give students some discount on their fees. The promotion is as follows: • Complete Registration at least two weeks before resumption, 5% discount is given • Up to 70% payment and black south African, 5% discount is given • Complete payment onsite, 5% discount given 1.2 Draw a decision table to represent your decision tree 1.3 Represent your decision table in a structure English

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter9: Decision Making Under Uncertainty

Section: Chapter Questions

Problem 30P

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Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.
Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?
Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?
Alex owns a shop that sells customized BMX bikes. Each one is uniquely tailored to the rider. The products are unique one-offs, made by an outsourced company to individual designs agreed between Alex and a designer from the outsourced company. In WEEK 26, Alex discusses with the manufacturer a design for a new bike. Alex and the manufacturer agree on a specification and an order is placed with the manufacturer. A. Calculate how long it will take before the BMX bike is available for sale in Alex's shop. That is, what is the Lead-Time between Alex placing order with her manufacturer and being able to display the item for sale in her shop? The information you need to calculate the Lead-Time is as follows: To design the bike 2 weeks To raise the order for the parts for the bike 1week To manufacture and deliver all the parts of the bike 4 weeks To assemble the bike 2 weeks To deliver the finished product to Alex’s shop 1 week B. What will be the week number when the Bike can be…
Prepare a proposal that covers the following:1. The logistics team decided that missing guaranteed deadlines and late delivery of goods and increase in themotor vehicles gas bill are identifiable control problems. You are asked to analyse these issues and presentyour evaluation of these, as well as present one resolution to each issue mentioned
Decision Table Exercises. An insurance company is going to send a mail to potential customers. The content of the mail is about the current level of discounting and potential level of discounting. The content is different for different types of customers. All customers get a normal letter except Customer Type C, who get a special letter. A customer Type A with only one car gets both letters (normal and special). Any customer with 2 or more Cars or with crdit rating of "X" get a special paragraph added with an offer to subscribe to another level of discounting. Draw a Decision table for the insurance company's mail
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Case Study 2: Event Online Booking Systems: Europian Conference on Optical Communication (ECOC) FACTBOX ECOC 2003, Rimini International conference dealing with optical communications Around 1000 delegates fromup to 40 countries Four day programme including worshops, seminars, technical sessions, a welcome reception, a banquet and local tours The process of booking for events varies considerably depending on the type of event and the target market. Online booking systems are a feature of certain types of events, especially in the organizational category , where large numbers of people in the target market have access to the Internet. The annual Europian Conference on Optical communication (ECOC) is an international event taking place in a different Europian country every year. The conference deals with optical communications and one of the organizing bodies is the Institute of Electrical and Electronics Engineers (IEEE). The conference has an international reputation and…
36 Which of the following factor that causes a change in the cost of an activity? a. Cost objective b. Cost driver c. Activity d. Cost allocation
Background: Russell Jones, director of a recreational equipment retail outlet, Mountain Recreational Equipment (MRE), announces that the corporate office wants each local retail store location to develop a persuasive proposal highlighting their ideas for community service projects for the following year. Every year the employees at MRE devote substantial time raising money and partnering with local charities. In the past, the employees at each store have decided what charitable organizations/activities they want to support independently of the corporate office, so the request for proposals and approval is a notable change to the initiative. Jones explains to his team that the MRE Chief Executive Officer (CEO), Jennifer Munoz, feels that the company is straying too far from the corporate image in what employees are choosing to support. For example, locations are selecting fundraising and partnership projects that vary dramatically in scope and purpose. The CEO has decided this new…
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