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Leadership is a quality which is an important element of a leader. A leader is the one who leads the…

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Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Q.7 How do supply chain management activities differ between services and manufacturing companies? In what ways are these activities alike? Q.8 Describe the four perspectives of the balanced scorecard. How is this model different from a set of world-class performance measures?
Q.4 Assuming you have been employed as a procurement and logistics manager of a company like Riham Group, prepare a working paper indicating how you will ensure effective logistics and supply operations of the company within first 100 days of your work. Prepare a three (3) paged presentation showing how involving key stakeholders will be of critical importance in the execution of the work mentioned in part (b) above.
QUESTION TWO (2) DUNA INCORPORATED is a business conglomerate that produces a variety of beverages (alcoholic and non-alcoholic], Food products (Noodles and Canned Foods) and Personal Care Items. They had been operating in the Nigerian Market for five (5) years and a study conducted by their Research and Development division observed the Nigerian market as vast with great but unequal opportunities. They are therefore in a quandary over which aspects of their business to keep, restructure, sell or invest more in. Using your knowledge of marketing strategy, advise DUNA INCORPORATED on the most appropriate course(s) of action and the implications of any such actions.
A. Name at least five manufacturing businesses in the Philippines
N-2
Question 22 Save Answer . Which of the statements below, about the advantages and disadvantages of outsourcing, is correct? O An advantage is: optimal use of knowledge, equipment and experience of the external partner. O A disadvantage is: an increasing dependence on suppliers. O A disadvantage is: the risk of losing essential knowledge. All of the above. O None of the above Question 24 Saving Answer Consider the statements below about the reason underlining the decision of a company to outsource an activity: (1) Strategic reasons are getting access to resources, that are not available internally, and improving the performance of processes. (II). Outsourcing specialist activities occurs when an organization lacks expertise on the required level, or on an acceptable cost level. Both statements are correct. O Both statements are incorrect. Statement I is correct and Statement II is incorrect. O Statement I is incorrect and Statement II is correct.
Q1:A/ The Office Supplies Company offers two types of pens, the first type has high specifications, while the second type has normal specifications. The expected profit from selling each unit of the first type is half a dollar, and from selling each unit of the second type is a quarter of a dollar. The time taken to manufacture the first type is twice the time taken to manufacture the second type for the purpose of producing no more than 1,000 pens of both types per week. The company can produce at most 400 units of the first type per week, and it can produce no more than 700 units of the second type per week. Note that the company can produce each of them separately. Required: Create the linear programming model to find the optimal production mix so that the company achieves the maximum possible profit.
Hypothesis statements for the thesis on "Evaluating the importance of risk management mechanism in the banking sector from a customer's perspective"

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Individual managers must be able to first manage: O At least 1 other person Small groups