External link to Compare and contrast how material requirements planning usage would be different for GE and one of the opposite types of organizations, depending on whether the organization the team has selected is a

Compare and contrast how material requirements planning usage would be different for GE and one of the opposite types of organizations, depending on whether the organization the team has selected is a

Compare and contrast how material requirements planning usage would be different for GE and one of the opposite types of organizations, depending on whether the organization the team has selected is a manufacturing or service organization. (300 words)

External link to Respond to the following in a minimum of 175 words: Operations and supply chain controls and measurements includes forecasting methods for managing the supply chain. Discuss how to utilize foreca

Respond to the following in a minimum of 175 words: Operations and supply chain controls and measurements includes forecasting methods for managing the supply chain. Discuss how to utilize foreca

Respond to the following in a minimum of 175 words:Operations and supply chain controls and measurements includes forecasting methods for managing the supply chain.Discuss how to utilize forecasting methodologies in order to decide which model to use in product development.How does this relate to inventory management strategies?

External link to (a) Use an influence diagram to represent the following decision problem, stating any assumptions…

(a) Use an influence diagram to represent the following decision problem, stating any assumptions…

(a) Use an influence diagram to represent the following decision problem, stating any assumptions you have made. ABC Chemicals are planning to start manufacturing a new pharmaceutical product. Initially, they must decide whether to go for large-scale or small-scale production. Having made this decision, the profits that they make will also depend on (i) the state of the economy over the next 2 years; (ii) […]

External link to The managers of Red Valley Auto Products are considering the national launch of a new car-cleaning..

The managers of Red Valley Auto Products are considering the national launch of a new car-cleaning..

The managers of Red Valley Auto Products are considering the national launch of a new car-cleaning product. For simplicity, the potential average sales of the product during its lifetime are classified as being either high, medium or low and the net present value of the product under each of these conditions is estimated to be $80 million, $15 million and _$40 million, respectively. The company’s […]

External link to The Casti engineering company manufactures specialized components for agricultural machinery. The…

The Casti engineering company manufactures specialized components for agricultural machinery. The…

The Casti engineering company manufactures specialized components for agricultural machinery. The moving parts of one of these components needs to be protected by applying a waterproof seal to its surface. Recently two new technologies have become available, which it is thought could replace the existing method and yield cost savings which would give Casti a significant advantage over competitors. The company now has to decide […]

External link to A supermarket chain intends to open a new shop near Sheffield, in England, next year. Four possible.

A supermarket chain intends to open a new shop near Sheffield, in England, next year. Four possible.

A supermarket chain intends to open a new shop near Sheffield, in England, next year. Four possible locations have been identified: (i) Moortop (Site A); (ii) Silver Hill (Site B); (iii) Cheston Common (Site C); and (iv) the River Shopping Complex (Site D). The decision on the location will be taken by four decision makers who have each used the Simple Multi-attribute Rating Technique (SMART) […]

External link to A mining company is carrying out a survey in a region of Western Australia. On the basis of…

A mining company is carrying out a survey in a region of Western Australia. On the basis of…

A mining company is carrying out a survey in a region of Western Australia. On the basis of preliminary results, the company’s senior geologist estimates that there is a 60% probability that a particular mineral will be found in quantities that would justify commercial investment in the region. Further research is then carried out and this suggests that commercially viable quantities of the mineral will […]

External link to A publisher is considering launching a new magazine for women in the 18–25 years age group. It is…

A publisher is considering launching a new magazine for women in the 18–25 years age group. It is…

A publisher is considering launching a new magazine for women in the 18–25 years age group. It is thought to be vital to the long-term success of the magazine that its sales should reach break-even point within its first year. When asked to make an estimate of the risk of this target not being achieved, the marketing manager, after some thought, states that she thinks […]

External link to (This exercise is really designed to be carried out by a group of people, with each individual using

(This exercise is really designed to be carried out by a group of people, with each individual using

(This exercise is really designed to be carried out by a group of people, with each individual using a different set of random numbers. The individual results can then be combined by using the table at the end of the question.) An equipment hire company has to decide whether to buy a specialized piece of earth-digging machinery for $6000. The machine would be sold after […]

External link to In January a sales manager estimates that there is only a ‘30% chance’ that the sales of a new…

In January a sales manager estimates that there is only a ‘30% chance’ that the sales of a new…

In January a sales manager estimates that there is only a ‘30% chance’ that the sales of a new product will exceed one million units in the coming year. However, he is then handed the results of a sales forecast. This suggests that the sales will exceed one million units. The probability that this indication will be given when sales will exceed a million units […]

External link to The managers of a soft drinks company are planning their production strategy for next summer. The…

The managers of a soft drinks company are planning their production strategy for next summer. The…

The managers of a soft drinks company are planning their production strategy for next summer. The demand for their products is closely linked to the weather, and an analysis of weather records suggests the following probability distribution for the June to August period: The table below shows the estimated profits ($000s) which will accrue for the different production strategies and weather conditions: (a) On the […]

External link to The risk of flooding in land adjacent to the River Nudd has recently increased. This is because of a

The risk of flooding in land adjacent to the River Nudd has recently increased. This is because of a

The risk of flooding in land adjacent to the River Nudd has recently increased. This is because of a combination of high spring tides and the development by farmers of more efficient drainage systems in the nearby hills, which means that, after heavy rainfall, water enters the river more quickly. A tidal barrier is being constructed at the mouth of the river, but the Hartland […]

External link to The Northern Manufacturing Company (NMC) is considering extending its operations by opening a…

The Northern Manufacturing Company (NMC) is considering extending its operations by opening a…

The Northern Manufacturing Company (NMC) is considering extending its operations by opening a manufacturing plant in an overseas country. Two countries are being considered, Slohemia and Tundrastan, but resource constraints mean that only one of these countries can be selected. The decision will largely be based on the level of sales of NMC’s products which can be achieved over the next 5 years in the […]

External link to When the demand for electricity exceeds a particular level the Central Electricity Company has to…

When the demand for electricity exceeds a particular level the Central Electricity Company has to…

When the demand for electricity exceeds a particular level the Central Electricity Company has to bring an additional power station on line at a fixed cost of $10 000. Excessive demand only occurs on cold winter weekdays between 4.30 and 5.30 pm. To try to avoid bringing the additional station on line Central has made a deal with its largest industrial customer. According to the […]

External link to A private college has to decide whether to conduct further market research, before making a decision

A private college has to decide whether to conduct further market research, before making a decision

A private college has to decide whether to conduct further market research, before making a decision on whether to launch a new training course for people in the computer industry. The track record of the market research suggests that it is highly reliable, but not perfectly accurate, in its indications. If further market research is undertaken at a cost of $28 000 then it has […]

External link to A local council owns an underground railway system and the railway’s managers have to make a…

A local council owns an underground railway system and the railway’s managers have to make a…

A local council owns an underground railway system and the railway’s managers have to make a decision on whether to lower fares in an attempt to increase passenger numbers. If they decide to reduce fares they will then have to decide whether to launch an advertising campaign on local television to increase awareness of the fare reduction. If fares remain the same then it is […]

External link to To celebrate the centenary of the local football club, a pottery manufacturer has decided to produce

To celebrate the centenary of the local football club, a pottery manufacturer has decided to produce

To celebrate the centenary of the local football club, a pottery manufacturer has decided to produce a commemorative plate. A choice has to be made on whether to have a large-scale production run or a small-scale run. For technical reasons only a large- or small-scale run is possible and it would not be economical, because of other commitments, to have more than one production run. […]

External link to A small retail store sells a particular brand of monochrome and color television sets. Each…

A small retail store sells a particular brand of monochrome and color television sets. Each…

A small retail store sells a particular brand of monochrome and color television sets. Each monochrome set that is sold earns a profit of $100, while each color set earns $200 profit. The manager of the store estimates that the weekly demands for each type of set follow the probability distributions shown below. It can be assumed that the demands for each type of set […]

External link to Westward Magazine Publishers are thinking of launching a new fashion magazine for women in the…

Westward Magazine Publishers are thinking of launching a new fashion magazine for women in the…

Westward Magazine Publishers are thinking of launching a new fashion magazine for women in the under-25 age group. Their original plans were to launch in April of next year, but information has been received that a rival publisher is planning a similar magazine. Westward now have to decide whether to bring their launch forward to January of next year, though this would cost an additional […]

External link to Draw an influence diagram for the following problem. Hatton’s mail order company is planning to…

Draw an influence diagram for the following problem. Hatton’s mail order company is planning to…

Draw an influence diagram for the following problem. Hatton’s mail order company is planning to install a new computer system next year. Two possible systems are being considered: the Gamma II and the Elite. The Gamma II will mean that the company incur higher initial costs than the Elite, but the total costs associated with the chosen system over its lifetime will also depend on […]

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