MGNT 3430: Operations Management Fall 2014 Homework 1 Answers Discussion Questions Q6 (p. 25). Although all nine of the competitive priorities discussed in this chapter are relevant to a company’s success in the marketplace‚ explain why a company should not necessarily try to excel in all of them. What determines the choice of the competitive priorities that a company should emphasize for its key processes? Answer. It is often not a good idea for a company to try to excel in all of the competitive
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capability and skills viii. Strengths-things they do well or any unique resources it has ix. Weaknesses- things they don’t do so well or don’t have x. SWOT-STRENGHTS WEAKNESSES OPPORTUNITIES THREATS e. Step 4- Formulating Strategies f. Step 5- Implementing Strategies g. Step 6-Evaluating Results xi. How effective are the strategies? xii. Did they help reach goals? xiii. Adjustments?? 3. What is SWOT analysis
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Answers to Chapter 3 Exercises 3.1. DRAM factory. You own and operate a facility located in Taiwan that manufactures 64-megabit dynamic random-access memory chips (DRAMs) for personal computers (PCs). One year ago you acquired the land for this facility for $2 million‚ and used $3 million of your own money to finance the plant and equipment needed for DRAM manufacturing. Your facility has a maximum capacity of 10 million chips per year. Your cost of funds is 10% per year for either borrowing
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Chief Complaint: 72-year-old woman who fell on her right hip. History: Margaret Donovan‚ a 72-year-old white female‚ was brought to the emergency room by her son-in-law after falling in her bathtub. She was previously in good health‚ despite leading a relatively sedentary lifestyle and having a 30-pack-year history of cigarette smoking. The only medication she currently takes is Inderal (propranolol) for mild hypertension. She fell upon entering the bathtub when her right leg slipped out from
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Tutorial – week 5 Review Questions 1. What ethical‚ social‚ and political issues are raised by information systems? Explain how ethical‚ social‚ and political issues are connected and give some examples. Figure 4.1 can be used to answer this question. Information technology has raised new possibilities for behavior for which laws and rules of acceptable conduct have not yet been developed. The introduction of new information technology has a ripple effect‚ raising new ethical‚
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In the science fiction novel The Chrysalids‚ written by John Wyndham‚ the theme of isolation is displayed through the social‚ psychological‚ and geographical aspects of the book. Xenophobia is also a key factor contributing to the isolation between the different groups within the population. Social isolation is made clear with the separation between the "Norm" people and the mutants. The Norm shun those who possess mutant like qualities or abilities‚ and choose to isolate them in the community
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Themes in Chrysalids Summary: Three types of conflicts serve as themes in the novel Chrysalids: Person versus Self‚ Person versus Society‚ and Person versus Person. The first conflict that we will talk about is a Person vs. Self conflict in which Sophie must battle with her conscience on whether or not to tell David about her deviation of 6 toes. Sophie is hurt and must remove her shoe to stop the swelling but in that case she would have to let someone know that she is a Blasphemy‚ something
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ANSWERS TO END-OF-CHAPTER QUESTIONS 14-2 The two principal reasons for holding cash are for transac¬tions and compensating balances. The target cash balance is not equal to the sum of the holdings for each reason because the same money can often partially satisfy both motives. 14-4 The four elements in a firm’s credit policy are (1) credit standards‚ (2) credit period‚ (3) discount policy‚ and (4) collection policy. The firm is not required to accept the credit policies employed by its
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Question 11. In early 2003 Bristol-Myers Squibb announced that it would have to restate its financial statements as a result of stuffing as much as $3.35 billion worth of products into wholesalers’ warehouses from 1999 through 2001. The company’s sales and cost of sales during this period was as follows: 2001 2000 1999 Net sales $18‚139 $17‚695 $16‚502 Cost of products sold 5‚454 4‚729 4‚458 The company’s marginal tax rate during the three years was
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Chapter 2-Nutrition Tools—Standards and Guidelines MULTIPLE CHOICE 1. Which of the following is an appropriate use for dietary reference intakes (DRI)? a. ensuring that maximum nutrient requirements are met b. estimating the nutrient needs of persons with medical problems c. planning diets for population groups such as military personnel d. estimating the inadequacy of an individual’s nutrient intake ANS: C PTS: 1 REF: Page 30 2. Which of the following standards establishes population-wide
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