Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Fisher and Lee in their two articles proposed categories of demand risk based on product type (functional v. innovative) and supply risk (stable v. emerging) to yield 4 categories of product considerations. (efficient, responsive, risk-hedging, and agile). Consider a new drug, fashion, or smartphone introduction. Which category might it best fit and why? Give at least 5 attributes of the product or supply that support this categorization. Given this category, what might be two good metrics to use as success measures for our firm and why? Give an example of a metric that would create conflicting objectives for this firm. I.e. if they were to set a target to minimize or maximize this metric it would be counter-productive to the firm's real goals and challenges.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92574370

Have any Question?


Related Questions in Operation Management

Answer the following questions bullwhat is the most

Answer the following Questions : • What is the most challenging part of creating a positive brand image in the consumer's mind? • How do you position your brand against competitors? • As a Brand Director , can you ever i ...

Many scheduling processes are an attempt to match demand

Many scheduling processes are an attempt to match demand and capacity. This is particularly challenging in the service sector, where finished goods inventory cannot be used to store capacity for later use. One especially ...

A well-written report would contain the following elements

A well-written report would contain the following elements: required to develop a Risk management plan or contingency plan to manage risk effectively in an organization. You may choose to work on any one of the following ...

Marketing assignmentthis assignment will be dealing with

MARKETING ASSIGNMENT This assignment will be dealing with Southwest Airlines. It requires you demonstrate your level of understanding of Integration across the Integrated Core (Marketing, Finance, Management and Operatio ...

A company serves two markets in north america and has to

A company serves two markets in North America and has to decide on optimal order quantity and safety stock. The demand in the first market is equal to 1, 2, 3, or 4 with equal probability, whereas the demand in the secon ...

Arduino is one of the largest selling items in adafruit

Arduino is one of the largest selling items in Adafruit, which deals in circuit boards. The circuit board sells for $150 per unit and costs $100 to purchase. Based on the previous sales data, the average monthly demand i ...

For a new product sales volume in the first year is

For a new product, sales volume in the first year is estimated to be 80,000 units and is projected to grow at a rate of 4% per year. The selling price is $12 and will increase by $0.50 each year. Per-unit variable costs ...

1 what are 5 key things an owner needs to consider when

1. What are 5 key things an owner needs to consider when organizing a new business? 3. Explain the purpose of an ABC classification system and how might it be useful in developing a cycle count plan or process 3. Constru ...

Please read the ldquoshouldice hospital limited b case

Please read the “Shouldice Hospital Limited (B) Case Study and answer the following case questions: 1. As an advisor to Chairman Jack Shevell and his management team at Centric, what advice would you give them concerning ...

Problem forecastinggiven these sales figures over the last

Problem : Forecasting Given these sales figures over the last 7 weeks, your boss needs you to test two different forecasting methods (parts a and b below) to determine which method is best. For your measure of “best”, re ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As