Week Five-Wal-Mart and Apple:
Please identify a total of three ethical issues that face either Wal-Mart, or Apple and
develop 2 approaches for addressing each of these three issues. In other words 3 x 2
x 2= 12. Also one of the issues for both Apple and W
Chapter 13: Inventory Management
INVENTORY: a stock or store of goods. Firms typically stock hundreds/thousands of items in inventory. Independentdemand items: items that are ready to be sold or used. Dependent-demand items: components of finis
Chapter 2 Notes:
Companies must be competitive to sell their goods and services.
Competitiveness is an important factor in determining whether a company prospers, barely gets by
Competing through some combination of marketing an
Chapter 3: Forecasting
Forecasts: A statement about the future value of a variable of interest. Forecasting cannot be overstated.
Primary goal of operations is to match supply to demand. Having a forecast of demand= how much capacity or
Week Three- Chapter 9:
1. What trade-offs are involved in deciding on whether to offer a product or service
Previously we discussed the purpose of trade-offs and why they are so important in
the organization and functioning of businesses. To re
Regular @ $1
Overtime @ $1.6
Global Operations Question China:
Over the past week discussions of Apple and Wal-Mart have began to bring about a
lot of ethical issues that these two huge companies are dealing with. Surprisingly a lot of the
issues relate to both Apple and Wal-Mart.
Week Two- Chapter 3:
1. When a new business is started, or a patent idea needs funding, venture capitalists
or investment bankers will want to see a business plan that includes forecast
information related to a profit and loss statement. What type of fore
Week Four: Chapter 11
The EGAD Bottling Company has decided to introduce a new line of premium bottled
water that will include several designer flavors. Marketing manager Gerogianna
Mercer is predicting an upturn in demand based on the new offerings and t
Chapter 11: Aggregate Planning and Master Scheduling
Seasonal variations in demand are quite common in many industries and public services (ex. Air
conditioning, fuel, public utilities, police and fire protection, travel). Organizations can not
INSIGHTS ON QUALITY MANAGEMENT:
Defining quality in operational terms.
Understanding the costs and benefits of quality.
Recognizing the consequences of poor quality.
Recognizing the need for ethical behavior.
DEFINING QUALITY: THE DIMENSION
Chapter 1 Notes:
Operations is that part of a business organization that is responsible for producing goods
Key functions on the supply side are operations and supply chains, sales and marketing on
the demand side.
Operations function: re
PROJECT LIFE CYCLE
1. Definition: This has two parts; a) concept, at which point the organization recognizes the need for a project or responds to a request for
a proposal from a potential customer or client, and b) feasibility analysis, which
Week 6- Chapter 17:
3. Would you expect that many people would turn down a chance to join a project
organization, as Bert Mill did?
This question was a little difficult for me to reply only because I think it is a yes or no
answer, sort of like a trick qu