Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

In January 2012, Courier a delivery company, and, Furniture Co, a manufacturer of furniture, negotiated an agreement under which Courier promised to provide for three years all the delivery services required by Furniture Co in exchange for monthly payments based on the number of deliveries made. Courier drafted an agreement embodying the agreed terms and, on March 1, 2012, sent two signed copies to Furniture Co with a request that Furniture Co sign and return one copy. Although Furniture Co did not sign the document, the parties immediately began doing business according to its terms. During the next six months, Furniture Co paid all of Courier's monthly invoices on time. During the same period, Courier declined two potentially lucrative offers from other companies because performance of the agreement with Furniture Co required most of Courier's time. In September 2012, Furniture Co began to have concerns about the cost of Courier's service. Furniture Co sent a letter to United, one of Courier's competitors, describing Furniture Co's needs, Furniture Co's agreement with Courier, and the amount charged by Courier. United offered to provide comparable delivery services at a lower cost. On September 20, Furniture Co telephoned Courier stating that Furniture Co would no longer use Courier's services. What, if any, rights does Courier have against Furniture Co? Discuss.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91875877

Have any Question?


Related Questions in Operation Management

1 if we adopt the chase strategy of capacity planning over

1. If we adopt the chase strategy of capacity planning (over a level strategy) we are motivated by: Maximizing customer service levels Minimizing the fixed costs of capacity expansion Ensuring stable capacity levels over ...

Please answer these question in details and examples about

Please, answer these question in details and examples about the role Forecasting plays. Demand Planning, Sales and Operations Planning, and even budgeting are most forecasting systems. 1- What were the strengths and weak ...

1 what does managing for quality mean2 many organizations

1. What does managing for quality mean? 2. Many organizations pay salaries by depositing the funds into customers' accounts directly instead of paying by cheque or cash. Discuss the benefits to: the bank an organization ...

Answer the following questions about supply chain

Answer the following questions about supply chain management. a) What is supply chain management? b) Why has supply chain management become such an important topic? c) Are businesses actually measuring and using supply c ...

1 what are your experiences positive or negative

1. What are your experiences (positive or negative) participating in the recruitment and selection process as an associate or applicant? What was the scenario and what were the outcomes? How might it have been improved? ...

An operation manager of a chemical manufacturing plant must

An operation manager of a chemical manufacturing plant must determine the lot size for a chemical that has a steady demand of 1,450 litres per day. The production rate is 6,850 litres per day, setup cost is $200, annual ...

-ian is very creative and prefers to look at the long-term

-Ian is very creative and prefers to look at the long-term issues when making a decision. He considers a wide variety of possible actions based on an open mind about the possibilities. Sometimes his coworkers find him in ...

A position statement which is a simple sentence identifying

A position statement which is a simple sentence identifying the central issue/s you perceive to be the focus of the case. NOTE: Each student may perceive there to be a different issue for each case. It depends on your po ...

Operations management supply and ordering

Operations Management: Supply and Ordering question BACKGROUND UPD Manufacturing produces a range of healthcare appliance for hospital as well as for home use. The company has experienced a steady demand for its products ...

Each american family is classified as living in an urban

Each American family is classified as living in an urban, suburban, or rural location.  During a given year, 15% of all urban families move to a suburban location, and 5% move to a rural location; also, 6% of all suburba ...

  • 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