ME Assignments‚ TERM-1 ➢ LAST DATE OF SUBMISSION- 20.09.12 Roll no. Questions 12DM001 1.If the market demand curve is given by QD=15-8P and the market supply curve QS=2P‚find the equilibrium price & quantity graphically & mathematically. 2.Suppose the technology to manufacture computers improves but due to some recession in the economy ‚the income of the consumer falls. Assuming computers to be normal good‚ what will be the equilibrium price & quantity
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Case Analysis of Olive Garden Restaurants Division Brief Overview On Tuesday evening around 8:15 pm‚ Mr. Martin A. Wallace accompanied by his father and two daughters‚ entered an Olive Garden Restaurant expecting to be greeted with a friendly smile and great customer service. This was not the case. Instead‚ Mr. Wallace was not greeted by any host/hostess‚ but instead an empty station. After waiting about ten minutes‚ he went to the bar to find someone to seat him and his family. Only then did a
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Culture of England Architecture and gardens English architecture begins with the architecture of the Anglo-Saxons; at least fifty surviving English churches are of Anglo-Saxon origin‚ although in some cases the Anglo-Saxon part is small and much-altered. All except one timber church are built of stone or brick‚ and in some cases show evidence of reused Roman work. The architectural character of Anglo-Saxon ecclesiastical buildings ranges from Coptic-influenced architecture in the early period;
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INTRODUCTION The operation plays key role in firms because it affects operation managers understand their customers and translate their customers’ needs into performance objectives. "In turn‚ the performance objectives (and especially the relative importance of each one) influence the overall operations strategy of the business". (Slack et al.‚ 2010‚) The reason is that managers can based on performance objectives to do decision because it is reflection of corporation strengths and weaknesses. This
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Describe why CRM is so important in managing supply chains. Use an example in your discussion Knowing your customers means knowing who your customers are‚ what their needs are‚ and the means by which you communicate with them. CRM plays a very vital role in supply chain management because it tells the organization what kind or customer they are dealing with in the market and what their expectations are from the product. CRM system does feed the supply chain planning. For example‚ Apple know what
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class distinction and status is very important. Many people idolize individuals of the upper class and will do anything to emulate them. In “The Garden Party‚” by Katherine Mansfield and “The Necklace” by Guy de Maupassant both authors emphasize that class determines the way of life for both the protagonist in each short story. In the short story “The Garden Party” written by Katherine Mansfield an omniscient narrator explains the life of the protagonist Laura Sheridan and her family. Laura Sheridan
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along with recommendations for the Olive Garden at 6410 Grape Road in Mishawaka‚ Indiana. We will look at the situation Dr. Wallace encountered at this Olive Garden location and we will also discuss initiatives we can take to assist in making sure this situation does not happen again. Background Information Dr. Wallace loves our restaurants because of our good customer service. On September 29‚ he chose to take his father and daughters to our Oliver Garden Restaurant at 6410 Grape Road in Mishawaka
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Benetton more expensive than in H&M or Zara. Stores of Benetton usually very big 1500-3000sq meters‚ so they can display full range of products‚ moreover they have one small collection that remain the same throughout the season. Dual supply chain system helps to keep the supply up with demand and satisfy customer’s needs. H&M H&M (Hennes & Mauritz) was in the beginning just Hennes what means “for her” in Swedish. This shop of clothes for women was opened by Erling Persson in 1947‚ later after buying
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individual items than for groups of items d. all of the above e. none of the above One purpose of short-range forecasts is to determine a. production planning b. inventory budgets c. research and development plans d. facility location e. job assignments Forecasts are usually classified by time horizon into three categories a. short-range‚ medium-range‚ and long-range b. finance/accounting‚ marketing‚ and operations c. strategic‚ tactical‚ and operational d. exponential smoothing‚ regression‚ and time
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1. The success of Galanz is mainly the result of adopting different competitive strategy and operations strategy under different internal and external situation. From the perspective of competitive strategy‚ first Mr. Liang took the overall cost leadership strategy. As he well understood the competitive edge of his company was offering cheap labor and cheap land‚ he offered a very low price to the customers. By doing that‚ Galanz beat the competitors away as they could not make big profit and
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