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Develop a forecast for years 2 through 12 using exponential smoothing with α = .4 and a forecast for year 1 of 6. Plot your new forecast on a graph with the actual data and the naïve fore
Assume you are a manager with over 20 years of experience. What challenges have you faced as required competencies have changed?
The cost per unit drops to $45 per part. Considering just the two suppliers, over what range (quantity) of product would each supplier by preferred?
The output is defined as the revenue that the company receives. What is the company's labor hours productivity and what is its multifactor productivity?
Using these data, how many mocha latte coffees would forecast to be sold according to simple linear regression if the price per cup were $2.80?
Define and explain three different ways that a firm can utilize operations management as a competitive advantage. Describe how well your present organization practices this concept and please provi
What are the benefits to an organization that aligns their operations management processes with their strategic direction?
Many companies implement MRP/ERP systems but are disappointed by the results, and many do not realize the return on investment (ROI) that was projected for the system.
What are its advantages compared to the other forms? What are any of its disadvantages? How is the organization formed into that structure?
Some observers are concerned that too much emphasis on ethics will lead to less aggressive and competitive behavior, which may adversely affect profitability.
Identify how changes in the external environment may affect the OM strategy for a company. For example, what impact are the following factors likely to have on OM strategy?
Oakwood Hospital is considering using ABC analysis to classify laboratory SKUs into three categories. Rank the SKUs, and assign them to their appropriate category. SKU Dollar Value Annual Usage
Assume 50 working weeks per year. How many units of the part are held, on average, as cycle inventory? What is its value?
The President and the employee were both over 40 and minority, and this organization was in an at-will state. What would you do in this situation and why?
What would you expect to be the number of SKUs and the total annual dollar usage for A items, B items and C items at Southern Markets, Inc.?
Discuss this impact in terms of an organization with which you are familiar. How does the supply chain affect each of these components, or does it?
Within your organization, or one with which you may be familiar, describe how that organization maintains or attempts to maintain competitive advantage. What do they do well?
The airline knows from past history that an average of 25 customers cancel their reservation or do not show for the flight. revenue from a ticket flight is $125.
Which of the following is NOT an example of a situation in which a manager is likely to be called on to make an ethical decision regarding the relationship of the firm to the employee?
Choose an organization that has used vertical integration as a supply chain strategy. Describe why you believe vertical integration was/was not the appropriate strategy.
However, other organizations yield to go with subjects that are less controversial and as such are selective on their diversity efforts. Is this fair? Is this really driving an environment of inclu
Imagine that you are manufacturer of athletic shoes. Within the organizational context, which of the following ethical behaviors can occur?
Which of the following statement would NOT describe a direct influence response to the organization's environment?
Describe what this is and how it can benefit companies using ERP. How is cloud computing related to another ERP use topic called Software as a Service (SaaS)?
What do you think are the risks involved (to HR and the organization as a whole) if HR does not make this a priority and instead remains a purely task-oriented department mostly administrative in n