How a value chain analysis helps managers
Problem: Explain how a value chain analysis helps managers decide between outsourcing activity and keeping it in-house.
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Formulate the problem as an LP to satisfy the total demand at a minimum total cost?
Mary sells hats for $11 apiece. However, when the concert ends unsold hats. How many specialty hats should Mary buy from the supplier to maximize her profits?
Determine the expected difference in the monthly revenues if X rather than Y is hired.
Problem: Critically discuss the importance of the external environment and its effect on the organization.
Compare and contrast the operations infrastructures needed to support a brick traditional thousands of store chain such as Barnes and Nobles.
Thinking about COVID-19 and how heavily our industry has been using data to help make decisions.
Your business holds a lot of customer information. Describe what kind of a deal can you negotiate with them in order to prevent them from filing a lawsuit.
Problem: Why would a person in charge of purchasing need information about product yield and production losses?
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