DISCUSSION QUESTIONS
1.Consider the three issues Britney needs to address. Which one should be addressed first? Last?
Explain your reasoning.
2.How should Britney deal with the Joan Jorgenson incident
Assignment
On
Toyota Production System
Professor Trevor Smith
MGMT2500OLC
Humber Institute of Technology and Applied Learning
Gurpreet Kaur
N00975397
1(a) Key Premises of Toyota Production Lean Syst
Outsourcing
 List examples of GOOD and BAD cases of Outsourcing (from your experience/news).
Outsourcing means an individual or company performs tasks, provides services or manufactures
products for
Krupp Refrigeration, Inc., is trying to reduce inventory and wants you to install a Kanban system for
compressors on one of its assembly lines. Determine the size of the Kanban and the number of kanba
Productivity Question
A company produces metal containers with
standard equipment. In August, the company
produced 1200 containers. Three employees
worked each 5 days during the month of August, 8
hou
Productivity Question
A company produces metal containers with
standard equipment. In August, the company
produced 1200 containers. Three employees
worked each 5 days during the month of August, 8
hou
Culture and
strategy
The influence of culture and
history
Why is history important?
History and
managers
experience
Experience
Managers
need to
Stand
apart
Learning
from the
past
Will trends
be
repeat
Strategic purpose
Learning outcomes
Assess
the strategic purpose of an organisation in
terms of mission, vision, values and objectives.
Analyse
the strategic significance of different
ownership mode
1.Porter's 5 forces analyses the macroenvironment.
a.True
b.False
2.Which of the following is not part of the analysis of the macroenvironment?
a.Competitors
b.Technology
c.Politics
d.Sociocultural fa
Ryanair has a high market penetration. It has made its mark in the flight industry and is well
known as the most affordable, cheap airline. The product which Ryanair has developed it its airline
servi
Question 1
0.4 out of 0.4 points
Which type of supply chain relationship typically involves development of relational
capabilities?
Question 2
0.4 out of 0.4 points
In Porter's five forces model, the
QualityProductivity
Carried out in groups of 2 OR 3 students (if you are 4, split in two groups)
The assignment is for 100 marks and constitutes 12.5% of the semester grade
Due Date: check the Critic
PM PG 5001 ASSIGNMENT #2
Case Study
Winning The Sydney to Hobart: A Case Study in Prefect Management
Lynn Crawford, University of Technology, Sydney
PMI Proceedings, 1993, Pages 53 59.
Cleland, David
Chapter 2  Mathematics of Merchandising
2.1 
37
Introduction
Merchandising
Merchandising is a process that involves the buying and selling of goods (merchandise) from
the manufacturer, to the final
Chapter 2  Mathematics of Merchandising
2.4 
Markup
The cost (C) of the product is the amount paid for it after both trade discounts and cash discounts.
The amount of markup (MU), also known as marg
Chapter 1  Ratios, Proportions, Percents, and Applications
1.5 
Currency Conversions
A very common application of proportions is the conversion of currencies between different countries.
Exchange Ra
84
Chapter 7  BreakEven and CostVolumeProfit Analysis
3
BREAKEVEN AND
COSTVOLUMEPROFIT ANALYSIS
In any business evaluation, a good understanding of how revenue and
costs change with the quantity
22
Chapter 1  Ratios, Proportions, Percents, and Applications
1.4 
Percent Increase and Decrease
c.
Introduction
A few quantities, such as the hourly rate of pay generally increases with time, whil
82
Chapter 2  Mathematics of Merchandising
CASE 2
Merchandising Cycle of a Product: Manufacturer to Consumer
Isabelle, a college student, enjoyed this chapter on the mathematics of merchandising and
172
Chapter 5  Compound Interest
15. A company was charged an interest amount of $18,071.02 on a loan of $100,000 that was compounding monthly
for three years. If the interest rate remains the same,
64
Chapter 2  Mathematics of Merchandising
23. Zarita sells clay pots at her pottery studio for $30 each. The overhead expenses are $12 per pot and operating profit
is 30% on selling price.
a. What
36
Chapter 2  Mathematics of Merchandising
Have you ever wondered why prices of items sold at wholesalers like Costco
and WalMart are cheaper than prices of the same items sold at a convenience
stor
Chapter 2  Mathematics of Merchandising

2
Review Exercises
Answers to oddnumbered problems are available online
For the following problems, express the answers rounded to two decimal places,
14
Chapter 1  Ratios, Proportions, Percents, and Applications
19. A first semester class in a college has 9 more girls than boys and the ratio of the number of girls to boys in the class is 7 : 4.
a
Chapter 3  BreakEven and CostVolumeProfit Analysis
3.1 
85
Introduction to BreakEven and
CostVolumeProfit (CVP) Analysis
Breakeven point
is the point at which the
total revenue equals the
tot
2
Chapter 1  Ratios, Proportions, Percents, and Applications
Ratios are widely used in our daytoday lives to compare two or more
quantities. Ratios are also used by businesses to compare their perf
150
Chapter 5  Compound Interest
Time period (t):
the period of time, in
years, during which
interest is calculated.
5.2 
t = time period; it is the period of time (in years) during which interest i