what type of manufacturing process did LWT appear to be using? What level of customization was it offering? Where was the point of customization?
Q: One inherent risk to using lean principles is that companies are at higher risk of inventory…
A: The concept underlying lean inventory control is based on eradicating unneeded things & more…
Q: Q2/A mobile device store produced 5,000 mobile phones in the first quarter of the year. If you know…
A:
Q: Furnitures sells office chairs ordered from its flagship store. It costs $100 to place an order, and…
A: Consider the following information:He sells secretarial chairs.• Annual demand normally distributed,…
Q: 2. The daily demand for photographic film in a gift store, a tourist site, has normal distribution…
A: Reorder point (without safety stock), R = dXLT Safety Stock, SS = z X σ X SQRT(LT)
Q: Maximize Z = 6X1 + 18X2+20X3 (Don't use excel shortcut solve manually by Simplex LPP method) Sub to…
A: Find the Given details below: Objective Function: 6x1 + 18x2 + 20 x3 Constraints:…
Q: 3. A batch of exported goods of 400 cases, 50 kg, 60 x 40 x 30CM per case, were shipped from Tianjin…
A: Given that, The number of cases exported = 400 casesThe dimensions of the case = 50kg, 60×40×30cm…
Q: How many books of each binding should ABC publishing make to maximize profit if each day the…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: 5. For the following precedence diagram, perform forward and backward pass calculations and…
A: Engineering resource planning is a comprehensive process for forecasting, identifying, allocating,…
Q: Please explain the calculation to get get the answers in the column provided?!
A: Forecasting is a technique used to predict future outcomes on the basis of past data. In businesses…
Q: organization to start the negotiation, elaborate on pre-negotiation planning, and trade concessions,…
A: The Six Stages of Negotiation are: Pre negotiations Planning Initiating Global Business…
Q: A suppiler for an electronics store has introduced quantity discounts to encourage larger order…
A: Given data: The monthly demand=175 units Then the annual demand=175×12=2100 units Fixed cost for…
Q: A company is considering three alternative investments from which to choose. It will cost $21,000 to…
A: Decision Variable: Suppose-X1, X2, and X3 be the decision variables. It can be 0 or 1. 0 indicates…
Q: nologies that are used (IT project management). What characteristics will advanced instruments have?
A: IT project management is the term used to describe the planning, scheduling, execution, monitoring,…
Q: Given the above information, what is the Critical Path of this project? O E-F-I-J O A-D-G-H-J O…
A: Project management is about planning and organizing the resources of the company. These resources…
Q: There are cases where having better (private) information can hurt you in dealing with other…
A: There is numerous number of information that every organization handles. This could be their own…
Q: Kinney be superior? relevance of break-even points for these cities? profit? superior (have higher…
A: Formulae used: Exponential smoothing: Ft=α(At-1) + (1-α)Ft-1Where: Ft-1=forecast for the previous…
Q: Q2 Q3 Describe the FOUR (4) things that are necessary to promote the partnership idea between the…
A: Since you have posted multiple questions, we will provide the solution only to the first question as…
Q: a small distribution center, carries 12,000 items. During any particular week, Domain's customers…
A: Find the Calculation methods below: In-Stock Probability = (ESED)*100ES - Expected Stock outED -…
Q: 10. Which of the following is likely to happen due to horizontal mergers between competitors such as…
A: Lower industry competition is typically associated with better industry profitability. According to…
Q: Mo. The company is considering whether or not they should drill the land. The cost of drilling is…
A: EMV or expected monetary value is a concept that is a part of risk management under business…
Q: 11. The computer output below is a product mix problem of a manufacturing company. Use the output to…
A: Find the Calculation methods below: Optimal Solution (Total Profit) = ∑ (Value * Original…
Q: what exactly goes into the blanks on the excel sheet ?
A: Given data: Selling price (S.P)=$ 200 Repurchase frequency (R)=0.5 / year Gross margin (M) = 20 % or…
Q: n your opinion, which of the three universal principles of quality management of Juran’s trilogy is…
A: The term "Quality" refers to how good or bad is the resultant output. It defines a state or a…
Q: What are the top 10 risks of IT project management
A: Here, I would explain the top ten risks applicable to IT project management, An IT project often…
Q: or a company? How can it prevent itself from becoming too large for its present infrastructure?
A: All of our enterprises rely on ERP as a piece of software to help us accomplish our goals. The ideal…
Q: Your company assembles five different models of a motor scooter that is sold in specialty stores in…
A: Find the Calculation methods below: Annual Purchase cost = Demand * Unit priceInventory Carrying…
Q: A project consist of 5 activities A,B,C,D,E with ES, EF, LS and LF of A (0, 6, 9, 15); B (0, 7, 0,…
A: Slack = LF-LS or EF-ES
Q: A company in the financial sector will initiate actions to comply with its general internal control…
A: EXPLANATION : Internal controls are the systems utilized by an organization to manage risk and…
Q: Contrast the traditional waterfall approach with the more modern, unified, logical approach.
A: Here, I would discuss the differences and comparisons between the traditional waterfall approach…
Q: A small, independent amusement park collects data on the number of cars with out-of-state license…
A: Formulae used: Average Proportion of defects (P) = Total defectsTotal observations Sp =p¯×(1-p¯)n…
Q: Consider the following shortest path problem. The goal is to develop an LP model to find the…
A: Transportation models play an important role in logistics and supply chain management for reducing…
Q: Max Z = 2X1 + 3X2 (Don't use excel shortcut solve manually by Simplex LPP method) Sub to X1 + 2X2 ≥…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: Analyze the vertical integration of the hospital industry.
A: Policymakers are worried about the potential effects of this trend, known as vertical integration,…
Q: Ronald Lau, chief engineer at South Dakota Electronics, has to decide whether to build a new…
A: Decision analysis is a part of business operations where the organization has to take a decision…
Q: Use the information in the table to sketch the AON network and compute early start and finish times…
A: Forward Pass:Early Start (ES) = Max EF value from immediate Predecessor(s)Early Finish (EF) = ES +…
Q: Why did freight rates in ocean container transportation decline over a long time (pre-pandemic)?
A: According to industry reports, the anticipated decline in container demand has already taken place.…
Q: ou didn't answer the full the question
A: Formulae used: Utilization=Actual outputDesign capacity×100 Efficiency=Actual outputEffective…
Q: Clay Whybark, a soft-drink vendor at Hard Rock Cafe's annual Rockfest, created a table of…
A: Given-
Q: Luck has two machines that analyze various blood samples. Recently, the demand for analyzing blood…
A: Decision variables: Suppose-No. of type 1 tests on machine 1 =x11No. of type 2 tests on machine 1…
Q: Dave's Sporting Goods sells Mountain Mouse freeze-dried meals. Dave's uses a continuous review…
A: Given data: Annual demand (D)= 2900 meals Holding cost (H) =$1.50 per meal/year Cost to place…
Q: using johnson's rule, what is the idle time at center 2 ? job D, e, f, g center 1: 13, 23, 16, 20…
A: Sequencing is an appropriate order of plan as per which the process of operations works. It defines…
Q: resilient to failure (B) Calculate Service availability for a service that is agreed to run from…
A:
Q: Question 04: Use Holts Model to solve the following, Assuming a at 0.2 and 3 at 0.3
A: Given the data stated below, Time Scale 1 600 2 1550 3 1500 4 1500 5 2400 6 3100…
Q: In the design stage of its internal control system, an organization considers it essential to…
A: EXPLANATION : An organization can establish specific measures and standards that servers for the…
Q: Explain the role of person with control in relation to safe design processes?
A: Safe design is crucial for building projects as it provides a team-based approach to risk…
Q: The following information has been computed from a project: Expected total project time = T = 62…
A: Given information Project duration = 62 weeks Project variance = 81 weeks Probability ? For…
Q: Solve for the optimal Transportation schedule. Find an initial feasible solution using the Intuitive…
A: The transportation model is used to calculate the minimum cost of the route by selecting different…
Q: Your regular trucking company that you use to move LTL freight from Winnipeg to Duluth, Minnesota,…
A: Transportation is one of the biggest concern for nearly every goods producing company. The…
Q: Dave Fletcher, the general manager of North Carolina Engineering Corporation (NCEC), thinks that his…
A: Given data is
Q: When evaluating costs as to whether your company should build "in house" or contract it externally,…
A: Profit or Loss = Purchase Total Cost - Manufacturing Total Cost.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- 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?
- CASE STUDY: Food Lover's Market which was launched 25 years ago has evolved from a pure fresh fruit and vegetable store known as Fruit and Veg City into several brands, the latest of which serves meals. The first Johannesburg-based Food Lover's Eatery opened in Sandton last month (August 2018) at the Marc on Rivonia Road, a new shopping centre. There are 3 other Food Lover's Eateries in the Cape Town CBD selling 10 000 to 15 000 meals a day between them. With its design 2 years in the making, the Rivonia store feels like a sophisticated food deli or food hall in a major capital along the lines of Eataly, the popular open-plan food hall concept in the US. Mike Coppin, co-founded the Food Lover's Market group with his brother Brian said the quality and variety were unrivalled. He expects it will become a regular lunch destination for local businesses. "It has a strong focus on convenience in both the store design and service and is dedicated to offering a fast lunch service. We find it's…Case Study: ıtaly Italy is one of the world’s leading tourism destinations, attracting approximately 40 million visitors in 2014 and earning $34 billion in tourism revenue. The Ministry of Culture and Tourism is one of the world’s most sophisticated destination marketing operations, consistently producing effective and evocative campaigns. – winning the World Travel Award in 2012 for Europe’s Leading Tourist Board ıtaly Home is the country’s most recent integrated tourism marketing campaign – launched in 2014 and rolled out globally - ably uses all of the major digital marketing channels as part of a comprehensive suite of marketing activities to showcase the destination’s tourism product diversity and target multiple niche markets all while maintaining brand consistency across channels. The result is marketing campaign that is at once flexible and customizable. The Ministry of Culture and Tourism (2015) has articulated one key goal of the Italy Home campaign is to strengthen the…CASE STUDYFrom Holiday Inns to the InterContinental Hotels GroupThe history of the Holiday Inn motel chain is one of the great success stories in United States business. Its founder, Kemmons Wilson, while vacationing in the early-1950s, found the motels he stayed in to be small, expensive, and of unpredictable quality. This discovery, along with an unprecedented amount of highway travel due to the new, integrated interstate highway program, triggered a realization: there was an unmet customer need—a gap in the market for quality accommodations. Holiday Inn was founded to meet that need. From the beginning, Holiday Inn set the standard for offering motel features such as air-conditioning and icemakers while keeping room rates reasonable. These amenities enhanced the motels’ popularity, and motel franchising, which was Wilson’s own invention, made rapid expansion possible. By 1960, Holiday Inn hotels could be found in virtually every major city and on every major highway. Before the…
- Book pdf : https://drive.google.com/file/d/1ojDaUwQu0gxTIn7oJnINvLmeqv5_FMz7/view?usp=drivesdk Question as in the attached photo from page 218 Question 5 Note: Give full explanation with clear indication to the problem’s aspect. Use information provided in table 7.8 , 7.7 (*) Use the weighted-point evaluation system to cal- culate weighted performance scores for each of the software firms. Would the results change if each dimension had a weight of one-third? (**) In Chapter 2, we described order qualifiers as per- formance dimensions on which customers demand a minimum level of performance. Basically, if a supplier fails to meet the minimum requirements on any of the qualifiers, that supplier would be eliminated from contention. How would you incorporate the concept of order qualifiers into the weighted-point evaluation system?Problem 10-7 (Algo) The postmaster of a small western town receives a certain number of complaints each day about mail delivery. DAY 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Number of complaints 4 12 16 8 9 6 5 13 14 7 6 4 2 10 Click here for the Excel Data File a. Determine three-sigma control limits using the above data. (Round your intermediate calculations to 4 decimal places and final answers to 3 decimal places. Leave no cells blank - be certain to enter "0" wherever required. Round up any negative control limit value to zero.) b. Is the process in control? multiple choice Yes NoCase Study: Tropical Leisure Limited Tropical Leisure Limited has been making high quality Caribbean leisure wears for over twenty-five years, in old rented premises located in the heart of the Barbadian capital of Bridgetown. The company has a flexible labour force of about twenty employees and three directors, only one of whom, namely Mr. Grant, the managing director, is fully active in the business. The company specializes in leisure and swim wear garments. Their current range consists of tee shirts, shorts, skirts and bath suits in rich vibrant Caribbean colours and styles for men, women and children. The company capacity is 400-500 garments per week, depending on style and continuity of the production run, but additional floor space and machines could be brought in quickly to raise production levels to a maximum of 1000 garments weekly if required. Trade sources estimated that the Barbadian market was valued at US$ 1.5 billion in 2010 but since then inflation and recession has…
- what is the difference between customer statement and problem statement?Case StudySusan Parks is the part-owner and manager of Marathon Sports, an athletic equipment store that specializes inrunning shoes and accessories. The store employs about 10 people, most of whom are college students whowork part-time during the week and full-time on weekends. Marathon Sports is the only store of its kind in acollege town with a population of 125,000. The annual sales figures for the store have shown 15% growth eachyear.Susan has a lot invested in the store, and she works very hard to make sure the store continues to maintain itsreputation and pattern of growth. She works 50 hours a week at the store, where she wears many hats, includingthose of buyer, scheduler, trainer, planner, and salesperson. There is never a moment when Susan is not doingsomething. Rumor has it that she eats her lunch standing up.Employees’ reactions to Susan are strong and varied. Some people like her style, and others do not. Those wholike her style talk about how organized and efficient the…Case StudySusan Parks is the part-owner and manager of Marathon Sports, an athletic equipment store that specializes inrunning shoes and accessories. The store employs about 10 people, most of whom are college students whowork part-time during the week and full-time on weekends. Marathon Sports is the only store of its kind in acollege town with a population of 125,000. The annual sales figures for the store have shown 15% growth eachyear.Susan has a lot invested in the store, and she works very hard to make sure the store continues to maintain itsreputation and pattern of growth. She works 50 hours a week at the store, where she wears many hats, includingthose of buyer, scheduler, trainer, planner, and salesperson. There is never a moment when Susan is not doingsomething. Rumor has it that she eats her lunch standing up.Employees’ reactions to Susan are strong and varied. Some people like her style, and others do not. Those wholike her style talk about how organized and efficient the…