Concept of elasticity in lead times
Question: Lead times have sometimes been called "rubbery." What accounts for this concept of elasticity in lead times?
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Your company is installing a new piece of machining equipment and a robotic arm. Your manager asks for the project costs by cost category as well as the total amount.
Vendor-managed inventory (VMI) seems to be the service du jour, to no surprise. The inventory glut made the weak business environment ripe for a program of that kind to evolve. But I wonder: How well will VMI programs work when demand comes roarin
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Nelson v. Yellow Cab Company was a case that dealt with workers compensation. My workplace is a retail environment and has had several workplace injuries. Some of the injuries have gone undocumented because employees were not filing a case.
a) What is the labor productivity per dollar? b) What is the multifactor productivity?
What can we as managers/leaders due to decrease the potential for jealous outbreaks within the department/organization?
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