What capability would an organization have to have to not need forecasts

How are manufacturing and nonmanufacturing location decisions similar? Different?

Contrast the reactive and proactive approaches to forecasting. Give several examples of types of organizations or situations in which each type is used.

What price would you ask for the project? Why\

Lovely Lawns, Inc., intends to use sales of lawn fertilizer to predict lawn mower sales. The store manager estimates a probable six-week lag between fertilizer sales and mower sales. The pertinent data are:

a. Determine the correlation between the two variables. Does it appear that a relationship between these variables will yield good predictions? Explain.

b. Obtain a linear regression line for the data.

c. Predict expected lawn mower sales for the first week in August, given fertilizer sales six weeks earlier of 2 tons.

A U.S. company has two manufacturing plants, one in the United States and one in another country. Both produce the same item, each for sale in their respective countries. However, their productivity figures are quite different. The analyst thinks this is because the U.S. plant uses more automated equipment for processing while the other plant uses a higher percentage of labor. Explain how that factor can cause productivity figures to be misleading. Is there another way to compare the two plants that would be more meaningful?

If you have experienced a hospital room, which of these features was missing, but would have been desirable additions?

Describe some of the trade-offs that are encountered in product and service design.

Describe how those same tools can lead to store closings or store relocations.

A few days before the end of the term of a two-year NDA (nondisclosure agreement) he signed with a startup company related to a possible patent, Frank interviewed with another startup and divulged information covered by the agreement. The interview had been scheduled for a week later, in which case it wouldn’t have been an issue, but had been moved up when another job applicant dropped out and the company had an opening for an earlier interview. Frank reasoned that he had met the spirit of the NDA, and a few days early wouldn’t really matter. Besides, as it turned out, the company he interviewed with wasn’t interested in that information, although they did hire him. What would you have done if you were Frank?

What are some of the competitive advantages of concurrent engineering?

Examine and compare one of the following product sets. Base your comparison on such factors as features, costs, convenience, ease of use, and value. a. GPS versus maps. b. Cell phones versus landlines. c. Online shopping versus “bricks and mortar” shopping. d. Standard gasoline automobile engines versus hybrids. e. Online course versus classroom. f. Satellite television versus cable.

You are the father or mother of a family of four (kids ages 13 and 15) planning a weekend camping trip. Develop a responsibility matrix for the work that needs to be done prior to starting your trip..

What is a flexible manufacturing system, and under what set of circumstances is it most appropriate?